Valued Contributor
jsucool76
Posts: 2,770
Registered: ‎12-11-2011
Re: Cap 1 Executive Office Email

recentlyme wrote:

Thanks for the help!  It's actually my oldest card, which I know isn't very old.  I spent a few years repairing my credit, and ventured back into CC's this year.  I'd like to keep it simply because of the age (got it in January, the others in June-Sept), but I have cards with Chase/Discover/BoA now.  Maybe I should just cut the cord?


If you close the card, it will continue to report for 10 years. After those 10 years all of your other cards would also have aged, so it kind of evens it out. Closing a card is nothing to worry about, as I doubt $300 will make you take a huge utilization hit. 

 

#KillIt :smileytongue:

Wallet: Capital One Cash Rewards 3500CL, Wells Fargo Cash Back College Visa: 900CL, Paypal Smart Connect: 1286CL, Walmart Discover: 2000CL, UPromise Mastercard: 1000CL, Chase Slate: 500CL, Discover IT: 2000CL, Citi Forward: 1500CL, Bank Of America Student Travel Rewards: 700CL