It should --as far as I know, all AU accounts cease reporting once you're removed except for American Express. They note that you're off the account, but they keep reporting it, and in my case, my daughter's FICO score is still being affected by an AU card that she's been off of for 7 months.
It probably won't come off your reports until the next statement date on the card, so get removed as soon as you can, so that it can get taken off.
* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007