Originally Posted by
heythere55
I have already applied for 2 cards in the 9 day span and was approved. Now I wanted to close my first Visa Platinum( I got it last year) due to annual fee being charged. Someone here suggested to move the CL first and then close it, rather then just close it. I sent them SM but was told that credit line movements are no longer permitted and they can just close it if I wanted to. Any opinions on that?
You should call to cancel the card and see if you can get an offsetting credit. Then the spending limit will be available for transfer to your next card, and you can always cancel the card later if you wish.