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Thread: If you close a card but leave a balance do you keep the promotional APR?
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Old Dec 11, 2013 | 8:53 am
  #9  
bwiadca
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Originally Posted by MOC991
I believe closing with a balance can have very negative credit reporting consequences because they change your credit limit to $0 and it has a negative effect on your available credit ratio.
Nope they don't change your credit limit to $0. You just can't use the card.
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