Close it or Keep it open

[Anonymous]

I have a capital one platinum card that I opened up when I first turned 18. The card is about a year and 7 months old but I dont use it becuase of capital ones horrible customer service and interest rates and horrible rewards (All around terrible!!!). I have a GM card with capital one along with a Neiman Marcus card with them. Would closing the card kill my credit? I am at a 715 and have a Util of 15% total on the following cards:

Chase SP

Chase Disney

Chase Amtrak

Chase Amazon

Gm Card (Capital one)

Citi Dividend Platinum

Macys Amex

Bloomingdales Amex

Neiman Marcus Store (Cap 1)

Discover it

Amex Blue Preferred

Thank you for the input!

Average card is about 1.5 years old

[j_casteel]

It will only potentially effect your utilization. AAoA won't be effected for ~10yrs. If your utilization won't take a big hit then neither will your score. FYI, closing cards doesn't directly impact your scores.

[MT936]

it won't affect you until it drops from your report after 10 years. The only immediate effect is utilization which I would get down first before closing

[BluePoodle]

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@Anonymous wrote:

I have a capital one platinum card that I opened up when I first turned 18. The card is about a year and 7 months old but I dont use it becuase of capital ones horrible customer service and interest rates and horrible rewards (All around terrible!!!). I have a GM card with capital one along with a Neiman Marcus card with them. Would closing the card kill my credit? I am at a 715 and have a Util of 15% total on the following cards:

Chase SP

Chase Disney

Chase Amtrak

Chase Amazon

Gm Card (Capital one)

Citi Dividend Platinum

Macys Amex

Bloomingdales Amex

Neiman Marcus Store (Cap 1)

Discover it

Amex Blue Preferred

Thank you for the input!

Average card is about 1.5 years old

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Why don't you just PC the card to the QuickSilver?

[Anonymous]

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@BluePoodle wrote:

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@Anonymous wrote:

I have a capital one platinum card that I opened up when I first turned 18. The card is about a year and 7 months old but I dont use it becuase of capital ones horrible customer service and interest rates and horrible rewards (All around terrible!!!). I have a GM card with capital one along with a Neiman Marcus card with them. Would closing the card kill my credit? I am at a 715 and have a Util of 15% total on the following cards:

Chase SP

Chase Disney

Chase Amtrak

Chase Amazon

Gm Card (Capital one)

Citi Dividend Platinum

Macys Amex

Bloomingdales Amex

Neiman Marcus Store (Cap 1)

Discover it

Amex Blue Preferred

Thank you for the input!

Average card is about 1.5 years old

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Why don't you just PC the card to the QuickSilver?

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They wont change it and made me apply for it, I asked and they denied a new app....First credit app I have ever been denied for did a recon and still denied. I just sent a facebook message to see if the do anything more but thats what I really wanted as a result