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Lissy8

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how it would affect if i closed my oldest credit card?

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Your score will drop eventually.  Accounts do not fall off your report right as you close them but eventually it would fall off and hurt your score by reducing your longest account life as well as your average account life.  It may also increase your utilization if the available credit on the card is a significant proportion of your total available credit.

There is no reason to close a card unless there is a fee associated (then you could product change into a no fee card) or if you are worried about fraud and you do not still monitor the account periodically.

Top Contributor
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It would hurt your "average age of accounts" with the Vantage Scores that you get here at Credit Karma. However, they are irrelevant to most lenders as most lenders use FICO scores and the closed account will still factor into the "average age of accounts" with FICO, so honestly you are ok there, just don't panic if you see the scores drop on here if you close it.

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