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Thread: Will closing a credit card after the sign-up bonus damage my credit?
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Old Aug 6, 2015 | 12:56 pm
  #7  
takeshi74
 
Join Date: Jul 2013
Posts: 384
Originally Posted by sdsearch
Ie, the credit report doesn't know whether the card had a signup bonus or not.
This. You can always take a look at your own reports. If you're not regularly reviewing them then definitely do so.

Originally Posted by B747SP
The average account age will take a hit
AAoA takes a hit when opening an account, not closing. Closed accounts on one's reports are factored into AAoA.

Originally Posted by garykung
Practically, everything you do with credit (open/close/increase or decrease CL) will harm your credit somehow.
Depends on one's profile and how the change factors in. It's not necessarily all harmful.
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