Originally Posted by
acoustic
If you read my first post, I'm trying to build my credit history quickly. For this, cancelling cards and getting new ones every few months is not a smart decision.
1. Can't build credit history quickly, takes a while.
2. Not so very nice to suggest someone trying to help you didn't read your original post. Niceness counts on FT.
IMHO, it is a very smart decision (unless your credit score really stinks) to cancel and get more bonuses. I have been doing it for many years and have helped many with weak credit history to do the same. I know well that many post on the net that this hurts your score--maybe, but the hit, if there is one, is tiny. And, you can always get the new card(s) before closing the old one.
Bonuses are where the "free" trips in F are.