Ok, I may have this wrong, but if I close my newest cards, does it or doesn't it affect the average age of my accounts. If they have already been reporting, wouldn't they still be counted in the account age. I think I read somewhere that if you close the newest cards your average account age goes up. Is this true? I understand I lose util%. But if I don't go over my 1-9% limits I should be okay with loss of util right?