Should I close account before app?

[jeffg330]

I'm close to zero inquiries and getting ready to put in an app or two. Current accounts:
Applied bank 300 CL secured opened 16 months ago (9.95 per month fee,needs to go)
Cap 1 platinum 1500 CL non secured opened 14 months ago
Barclays NFL 500 CL opened 12 months ago
These are my only CC's. AAOC 6.3 years, oldest account 13 years. Will closing this account a month or two before apping affect my chances of getting approved for another card? From what I'm reading, closing this awful card will have zero affect on my FICO score, is that correct?
Thanx

[PCMedic]

While I don't think closing a card a month or two before apping with effect your approval odds, it is always a YMMV type of thing. You only have 3 current accounts which is a thin file.

As for 'will it effect your score', not enough information provided to tell. You listed your credit limits (which are all on the smaller side), but not your current balances.

What is your current balance on each and overall utilization percent look like?

[jeffg330]

applied bank 300/zero

barclays 500/zero

cap1 1500/250  

total utilization 9%  I do have a chapter 7 BK thats over 5 years old   If it looks better to possible creditors I'll keep the applied bank open a tad longer but I'm itching to lose this card and its monthly "account servicing fee"

I'm going to try for a CLI on barclays and cap 1 before I apply for anything new

In a perfect world i'd like a discover it card but realize with the BK i might have to settle for something less

[Shock_]

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@jeffg330 wrote:

applied bank 300/zero

barclays 500/zero

cap1 1500/250  

total utilization 9%  I do have a chapter 7 BK thats over 5 years old   If it looks better to possible creditors I'll keep the applied bank open a tad longer but I'm itching to lose this card and its monthly "account servicing fee"

I'm going to try for a CLI on barclays and cap 1 before I apply for anything new

In a perfect world i'd like a discover it card but realize with the BK i might have to settle for something less

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consider yourself lucky to get 1500 from capital one on their platinum

[djc1puno]

the only hit you'll take is the utilization...if you can spare the CL of the cc you're closing and still have a good utilization, then I would do it...

[jeffg330]

Thank you for the input. Ill probably just pay the monthly fee for another month or so and cancel after/if I can get a better card. Does anyone feel I have a chance with Discover it based on my profile? My scores should jump to around TU 715 EX 700 EQ 680 after my PIF's report and a likely Barclays CLI soon.

[djc1puno]

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@jeffg330 wrote:
Thank you for the input. Ill probably just pay the monthly fee for another month or so and cancel after/if I can get a better card. Does anyone feel I have a chance with Discover it based on my profile? My scores should jump to around TU 715 EX 700 EQ 680 after my PIF's report and a likely Barclays CLI soon.

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you should be fine if those projected numbers are correct...but it also depends on things in your report...gl tho! and if you get CLI on barclay be sure to wait for your new CL to report before apping