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Old Jul 25, 2013 | 12:48 am
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mnscout
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Join Date: Dec 2003
Location: Brooklyn, NY, United States
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Originally Posted by jerry305
Closing a card account won't help your credit score.

Why not wait out the year, phone them up and ask to change to a no-fee option? Keep that card for a while.
I agree. If you are just establishing/re-establishing your credit, the AAoA is very important. At least try to convert into a no-fee card or ask them for some perks that could negate the fee before canceling.
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