cancel
Showing results for 
Search instead for 
Did you mean: 

Capital One closed my card and opened a new card due to Home Depot issues. Does it hurt my credit?

tag
ah32
Frequent Contributor

Capital One closed my card and opened a new card due to Home Depot issues. Does it hurt my credit?

I'm looking at my reports and Cap One is reporting that I requested to close my card. They issued a new card and are now reporting the new line. Does this change the time it's been open and therefore hurt my credit? I have two credit cards, both Capital One, and it's happened to both. Thanks.

Message 1 of 6
5 REPLIES 5
CreditCuriosity
Moderator Emeritus

Re: Capital One closed my card and opened a new card due to Home Depot issues. Does it hurt my credi

It will have no impact

Message 2 of 6
sccredit
Valued Contributor

Re: Capital One closed my card and opened a new card due to Home Depot issues. Does it hurt my credi

The new line should have the same opening date as the original

Message 3 of 6
Anonymous
Not applicable

Re: Capital One closed my card and opened a new card due to Home Depot issues. Does it hurt my credi

It should still be under the same account/TL .
Message 4 of 6
Anonymous
Not applicable

Re: Capital One closed my card and opened a new card due to Home Depot issues. Does it hurt my credi

They did this to me. It should not have an impact but it will be a different account number and all
Message 5 of 6
takeshi74
Senior Contributor

Re: Capital One closed my card and opened a new card due to Home Depot issues. Does it hurt my credi


@ah32 wrote:

I'm looking at my reports and Cap One is reporting that I requested to close my card. They issued a new card and are now reporting the new line. Does this change the time it's been open and therefore hurt my credit? 


This is standard procedure for any creditor when there is fraud.  The new card should report with the same info as the old aside from account number.  You can pull your own reports or monitor your reports with a CMS to verify.

Message 6 of 6
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.