@Anonymouswrote:
I've done research on this, and a lot of places say yes, but here is my situation. I opened up a credit card back in 2013 with a limit of 900 dollars. I have never used this credit card ever. I haven't made any purchases with it, because a few months later I got another credit card through my bank which had a higher credit limit and was linked to my stuff so it made sense to use that. I only use my credit card from my bank. My credit score right now is excellent. So my question is, if I close the other credit card which I've never used before will it really lower my score?
Welcome to MyFICO
No, closing a credit card does not affect your credit score unless that $900 limit being removed drastically changes your overall utilization which isn't likely. Credit cards typically stay on your credit reports for up to 10 ears after they are closed, continue to age and contribute to your Average Age of Accounts (AAoA) which is a factor in FICO scores. Sites like CreditKarma that tell you that closing a credit card hurts your scores use the Vantage 3.0 scoring system which don't count closed cards in your AAoA. Vantage scores are not currently being used by any major creditor (outside some apartment leasing companies), whether it's mortgages, auto loans or credit cards. Those creditors are using FICO scores which do count closed cards in your AAoA.
Hope this helps.
