topic Consolidating Two Credit Cards (Same Bank) in Credit Cards

Consolidating Two Credit Cards (Same Bank)

Anonymous — Tue, 29 Jul 2008 19:28:25 GMT

Hi,

I have two credit cards from the same bank (low limits 700 and 800). I have the option of consolidating into one card, adding the two limits together. I can choose the card with the lower interest rate although I've had it a shorter amount of time. Will this affect my credit score? If so, how?

Thanks!

Re: Consolidating Two Credit Cards (Same Bank)

jmbfl — Tue, 29 Jul 2008 19:55:19 GMT

Depends if they are going to merge the histories, too. It might help if you let us know who the accounts are with. Generally speaking when they merge cards they merge the CL's, give you the lower APR and merge the histories. You might want to ask them before you act,

Re: Consolidating Two Credit Cards (Same Bank)

Anonymous — Wed, 30 Jul 2008 00:22:50 GMT

The cards are with HSBC, what was Orchard.