Credit Card Cancellation - Pre 12 months

MODS: Please remove this post - Did not have the desired effect. Thanks.

When do you cancel your credit cards and what impact does this have on your credit score ?
Do you:
a) Cancel within 6 months after Bonus Points have been credited ?
b) Cancel just prior to 12 months to avoid the annual fee ?
c) Hold as long as the Annual fee continues to be waived ?

Comments

  • A credit card enquiry sits on your credit file for 5 years. With CCR data being rolled out, all your credit card limits will be visible.

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