Senior Contributor
Posts: 3,181
Registered: ‎09-26-2011
Re: Should I close these cards.....struggling to understand utilization...PLEASE help???

Your score might take a slight hit if you close the account.  It will lower your AAoA and raise your utilization as well.


However, I'm not sure that "protecting" your score is worth $9.25 a month.


If you do close the account, and your score DOES drop, it won't be for long.


You now have a couple of "real" credit cards...


I'd close it, save the fees, and don't look back.  JMHO.

Current Scores: EX08: 628, TU08: 641, EQ08: Something similar. 05/02/16. Last App: 05/01/16.

Zero percent financing is where the devil lives...