Contributor
Missy_Bell
Posts: 98
Registered: ‎08-09-2007
Re: Should I close these cards.....struggling to understand utilization...PLEASE help???

I came to this board this AM thinking that I want to close the Credit One account which I have replaced with a Citibank card. It just simply does not make sense to pay Credit One $9.25/mth for a $700 limit and I can get $500 CL from Citibank so that is done.

 

The jury is still out on the NFCU secured card. I am thinking I will close it as well and pay down the balance on the NFCU card with the higher balance but I will wait and see what happens with my score in the next 30-60 days.

 

Thanks for your help!!