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Frequent Contributor
ilovelisa
Posts: 420
Registered: ‎12-07-2012
0

Opening a card and immediately closing it.

What effect does this have on my credit score.

 

I opened a Staples card, will Citi PC it to another card, I don't think they would, but I guess I need someone else's input.

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Valued Contributor
Duncanrr
Posts: 2,843
Registered: ‎06-08-2012
0

Re: Opening a card and immediately closing it.

The damage is done. Keep it open for a year. It's already hit or will hit your AAoA and inquiry hit for HP. Also, you will have better luck pcing the card once it has some history and you have established repayments with Citi


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Valued Contributor
creditnocash
Posts: 2,255
Registered: ‎07-23-2012
0

Re: Opening a card and immediately closing it.

[ Edited ]

there's a staples card? 

 

edit: WOW 27.99 apr. i would not leave a balance on that bad boy. 

 

since there is no af keep it. then let it close for in activity if you dont use it. 

 

what limit did you get? 

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Frequent Contributor
ilovelisa
Posts: 420
Registered: ‎12-07-2012
0

Re: Opening a card and immediately closing it.


creditnocash wrote:

there's a staples card? 

 

 


Yea Staples in-store credit, issued by Citi.

Amex BCE $4,800 | BofA Power Rewards WMC $10,000 | Chase Freedom VS $10,000 | Chase Marriott Premier VS $5,000 | DCU $1,000 | Discover It $1,900 | Elan VS $9,000 | Local CU Visa $3,500 | PenFed Platinum Rewards VS $5,000 | SallieMae Rewards $8,000
Frequent Contributor
ilovelisa
Posts: 420
Registered: ‎12-07-2012
0

Re: Opening a card and immediately closing it.

Limit is $651, what an odd limit.

Amex BCE $4,800 | BofA Power Rewards WMC $10,000 | Chase Freedom VS $10,000 | Chase Marriott Premier VS $5,000 | DCU $1,000 | Discover It $1,900 | Elan VS $9,000 | Local CU Visa $3,500 | PenFed Platinum Rewards VS $5,000 | SallieMae Rewards $8,000
Valued Contributor
Rhaeny
Posts: 1,507
Registered: ‎07-24-2011
0

Re: Opening a card and immediately closing it.


ilovelisa wrote:

Limit is $651, what an odd limit.


Yea no kidding....like what is the $1 for?  :smileysurprised:


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