I just got my chase freedom card with a CL of $2500 to be used for food aka charge back card (pay every week). Prior to that Ive been using my quicksilver cap 1 card with a CL of $3000. I have other store credit cards as well (best buy, sycrony(discount tire i know i spelled it wrong).
The oldest credit card i have is a secured credit card from cap 1 that i opened up cause i had meh credit at the time with a CL of $500. Its been $500 since i opened it and when I did request a CLI it was a no go. I see no use for this card. The rewards is meh and i have a 22%apr on it. If i have multiple purchases ill go aboe the 30% utilization rate. Also the annual fee is what i hate the most (which btw i will have to pay soon). Yeah i can always call capitalone and get it waived but honestly i dont wanna bother with this card.
I know if i cancel the card it will still be on my credit history... but what kind of negative effective will i have if i cancel it?
edit: my current experian credit score is 680
