11-08-2012 10:02 AM
I got this PNC secured card in June. Its been a decent card, but Ive been thinking about closing it lately and saving the AF. I use my chase freedom for everything and dont have a use for the secured card. Will it look bad for closing the card after only 4-5 months. I didnt expect my credit to improve so fast and to be able to get other CCs so I had a purpose for the card, but now I am just trying to grow the cards I have.
I know it wont hurt my AAOA, and It isnt helping my util. so would this hurt me?
CO CC- opened 1/12
11-08-2012 10:08 AM
11-08-2012 10:09 AM
might as well hang onto it until the next AF comes around and then close it.
11-08-2012 10:11 AM
You're in that boat where it won't hurt you to close it. Save the AF and take care of your good cards now.
11-08-2012 10:20 AM
its a monthly billed AF, otherwise id keep it. so its $3 per month. I will close it. Thanks guys, just didnt know if itd look bad to only have it for a few months
11-08-2012 10:26 AM
monthly? well then close that thing yesterday lol
11-08-2012 10:37 AM
Close that sucker! No need to pay a monthly fee. If it were annually like most cards then I'd say keep it till it hit 1 year. If you got decent cards now or a better card then close that piece of plastic!
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.