Re: Opening a card and immediately closing it.

ilovelisa · ‎01-12-2013

What effect does this have on my credit score.

I opened a Staples card, will Citi PC it to another card, I don't think they would, but I guess I need someone else's input.

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Duncanrr · ‎01-12-2013

The damage is done. Keep it open for a year. It's already hit or will hit your AAoA and inquiry hit for HP. Also, you will have better luck pcing the card once it has some history and you have established repayments with Citi

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creditnocash · ‎01-12-2013

there's a staples card?

edit: WOW 27.99 apr. i would not leave a balance on that bad boy.

since there is no af keep it. then let it close for in activity if you dont use it.

what limit did you get?

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ilovelisa · ‎01-12-2013

@creditnocash wrote:
there's a staples card?

Yea Staples in-store credit, issued by Citi.

Amex BCE $10,000 | BofA Power Rewards WMC $10,000 | Discover It $10,000 | ICBC Preferred Gold UnionPay $8,000 | Local CU Visa $3,500

ilovelisa · ‎01-12-2013

Limit is $651, what an odd limit.

Amex BCE $10,000 | BofA Power Rewards WMC $10,000 | Discover It $10,000 | ICBC Preferred Gold UnionPay $8,000 | Local CU Visa $3,500

Rhaeny · ‎01-12-2013

@ilovelisa wrote:
Limit is $651, what an odd limit.

Yea no kidding....like what is the $1 for?

Opening a card and immediately closing it.

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Opening a card and immediately closing it.