Originally Posted by
jphripjah
I had a few too many cards with high credit limits and got turned down for a Citibank card/mileage offer about six months ago, probably for having for too much available credit already.
A few days ago I cancelled two cards with poor mileage rewards and also requested a credit limit reduction on a third card so that my credit report won't show a crazy amount of available credit.
My question is this: how long will it be before my credit report reflects the fact that I now have less outstanding credit (and thus more room for new cards). Does it only take a day or two or does it take weeks/months?
Thanks.
10-45 days. you know canceling cards hurts your score? call them and ask to reactivate the card if its not to late.