To close or not to close?

[SyntheticMemories]

Newbie here!

I have two credit cards, a Citi Visa & a Lane Bryant store card. I opened the Lane Bryant card within the last 12 months and would like to close it (it was paid on time). Would this hurt my score? 

[pizzadude]

Hi !  Welcome to the forums !   Closing this card won't hurt your score unless your revolving utilization increases as a result of losing the credit limit.   Or if the percentage of your cards with balances significantly increases.

Check out this link ~ it is one of the stickies in the credit card forum:

http://ficoforums.myfico.com/t5/Credit-Cards/Closing-Credit-Cards/td-p/347190

[SyntheticMemories]

Thank you! Great info in that thread...leave it up to me to jump the stickies and clog up the board.

Now, I'm going to close that stupid sucker! =) 

[pizzadude]

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@SyntheticMemories wrote:

Thank you! Great info in that thread...leave it up to me to jump the stickies and clog up the board.

Now, I'm going to close that stupid sucker! =) 

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Ha ha !   No worries at all ~ there is soooo much good information here to read, it is very easy to overlook a few things.    Glad you're here, and welcome !  

[SyntheticMemories]

Another question since I have a thread open.

I'd like to get a card for gas. My citi card I barely ever use, and it usually stays at 0, I have a lot of 'rewards' but it's for some stupid store thing...I'd rather have a good rewards gas card. Suggestions? 

[pizzadude]

Here is a recent post about that topic, do a search on "Gas" and you should see several good discussions on this topic

http://ficoforums.myfico.com/t5/Credit-Cards/Best-Gas-Only-Credit-Card/m-p/1221827#M341477

[SyntheticMemories]

Well...crap. Haha. I'll get better! =) Thanks again, I'll go check it out.