Should i cancel my credit card?

[Anonymous]

Hello i have a Credit One credit card with a 650 limit on it that i opened up last june in 2017, reason being located in this Other Topic. I'm wondering since now that i have my BCE and a new Capitol one Unsecured card on the way should i wait until i get a 3rd  card too replace it, or drop it before my annual fee occures

[Anonymous]

I got mine around the same time you did. And I'll definitely be calling to cancel before the anniversary date and the annual fee billing.

[Anonymous]

Get another no-so-high-end reward credit card (preferably without annual fee) and then close the credit one. Or you can also just close it right away, nothing much really hurt, you can get better cards later.

Either choice isn't much different as for the end result, you may end up with slightly older account ages for the ones left open if you get new card first before closing the credit one. But whatever you do just close it sooner than later or they will get another chance to bill you new annual fee and possibly monthly fees.

[AverageJoesCredit]

I would definetly drop it before the af is due . Getting Amex and unsecuring your Cap One shows you are on your way. You may try for one more card to give you the recomended 3 for max fico scoring, you do have it now, but maybe check out the prequals for Discover and or Cap One. Perhaps you are prequaled for a qs?. You got some time, research the cards that interest you and plan an attack. Once you get one you could use, drop the C1 like a dirty nuke

[Anonymous]

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@AverageJoesCreditwrote:
drop the C1

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Cred1

Disambiguated.