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gus8181

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Cancel a long held card: I have had my AmEx card for 35 yrs but no longer need it or want to pay fee
Will it hurt my credit score (800+) to cancel this card?

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Amex offers cards with no fees.  The Preferred cards charge a yearly fee. You might think about applying for a new card, and then in a couple months call Amex customer service and request the credit line be moved to the new card.  Then close the card with the fee.  I've done this a couple times.

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As long as you have other cards it shouldn't hurt too much. The only way it could harm you more than a little, if it is by far your oldest account, but that harm would come at least 10-15 years down the road when it would fall off of your reports and if you have other accounts now, they will be aged well by that time. All in all, probably no big deal as long as you have other cards that have been opened for a while.

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