Originally Posted by
KatCanuck
CIBC Aerogold is my longest-held CC.... but I don't like the idea of being sold to TD, and losing out on bonus points and FYF. How much does it damage my credit rating to cancel my longest-held card? And TD won't care that you just cancelled to avoid transfer, and they'll let you apply right away for the TD card? I assume you can't re-apply immediately for the new CIBC offer.
If you're concerned. There is always an option to convert your aerogold into a no-fee card to keep the account history intact.