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TATIPINCKNEY

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HOW WILL IMPACT MY CREDIT SCORE IF I CANCEL MY CAPITAL ONE CREDIT CARD?THANK YOU

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Top Contributor
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If this is a good account, then it will hurt your score if you close it.

Top Contributor
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This will depend on what shape your credit is in, how much other available credit you have, etc.  It is generally not a good idea to cancel credit cards, since it lowers your total available credit.  If you have outstanding balances on other cards, canceling a card will increase your utilization ratio of what you owe compared to what you have available. 

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