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closing cap1 secured card???

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bk510
Valued Contributor

closing cap1 secured card???

hey guys, i wanna no if i can close my 7 months old cap1 200 secured card.

 

this is what i have....

 

opened : cap1 secured 11/12....200

 

            cap1 platinum 12/12....500 (after 5th statement went to 1500)

 

           cap1 sony visa 4/13.......500

 

           PP smart connect  5/13...300 (linked to PP debit card)

 

          GE amazon store card ......6/13.........700

          GE walmart......................6/13......400

 

i like all GE cards and hope they grow fast.

 

so is it too early to CLOSE the damn cap1 secured card? i really wanna do this and apply for cap1 quicksilver.

 

i'will make sure the bal is zero b4 i close it.

 

i have BK discharged on 6/12

 

usaa EX 649 EQ 649 TU639

 

what do u guys think?

 

can i close it?

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 photo nfcu debit card_zpsprkh98jw.png photo nfcu visa siggy_zps0gjgyxje.png/ photo nfcu goReward card_zpsixhh1qcp.jpg photo sdfcu platinum card_zpspilihdiv.png  photo penfed reward cash_zpsyckxjc7y.png photo alliant visa_zpsaf4udfx0.jpg photo Citi Secured_zpsypzxi0jm.png photo fnbo platinum_zpsxfub6esb.png photo marvel-credit-card_zpsfkvc3ux5.png photo golden 1 CU_zpslhgxynjv.pngBurned AECitiChase
Message 1 of 3
2 REPLIES 2
Revelate
Moderator Emeritus

Re: closing cap1 secured card???

I'd personally keep it a year, but you have other C1 accounts so it's not making that much difference either way.




        
Message 2 of 3
Capya
New Contributor

Re: closing cap1 secured card???

Yes.   Even closed, it will remain on your credit report for 10 years, and continue to affect your Average Age of Accounts.



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