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TigerVj

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Close Credit cards with history and not impact credit score
I hold only 2 credit cards for the past 10 years and would like to close them as both of them are charging an annual fee. - I currently have a 790-810 credit score. What is the best way to close the cards without impacting my scores. How long will any negative impact last - whats happens to history if i get 2 new no annual fee cards ?
Thanks

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Top Contributor
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You are really going to hurt your credit. You should get the new cards that you want first. Then if you really want to close the older cards only close one and wait a couple months to see what happens. Your scores on here will probably be destroyed, but your FICO scores should be ok, but they will probably take a good hit. If you had multiple credit cards right now it wouldn't be such of a big deal, but you are talking about closing your only two cards.

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