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luckofthedru

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Cancelling my oldest Credit Card
I'm trying to leave Bank of America and move to a different bank, plus cut down on the amount of credit cards I have. This is my least beneficial card. I've had the credit card from them since 2008, so it's about 7 years old. My next oldest card is only a little over 4 years old. Will it affect my credit badly to cancel this card? If so, how long will it affect my credit. I'm trying to build my credit too, and I wondering if this is a good move to do now or wait a couple more years until my other cards I've had just as long.

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