topic Re: Amazon store card/Synchrony in Credit Cards

Amazon store card/Synchrony

MrsMoloMrus — Wed, 21 Sep 2022 11:03:21 GMT

Hi all. I'm new to this. I have 2 cards from synch: care credit with 6k cl with $1300 balance and Amazon store with $460 cl and$0 balance (recently knocked down). I just paid off the Amazon card. It's 5 years old on October 26, 2022. I'd like to close it. But since it's approaching 5 years old, I'm not sure that's the wise things to do. It's not my oldest card. My oldest is approaching 17 years. Any advice?

Re: Amazon store card/Synchrony

bigseegar — Wed, 21 Sep 2022 11:34:59 GMT

Since you have older cards reporting it's not an issue at all as to AAoA and AoA. Plus closed cards still report for up to 10 years, so you have no issues closing it and it shouldn't effect your scores either.

Re: Amazon store card/Synchrony

Priory_Man — Wed, 21 Sep 2022 13:34:23 GMT

with the exception of a small loss in total avaiable credit it should not effect your scores, unless that small amount would make your util% jump above one of the scoring triggers. If it won't do that then go ahead and close it.