- Green Member
- Posts: 3
- Joined: Tue Feb 09, 2010 9:43 am
- Location: Ohio
So I'm a college student with pretty good credit (760ish) but have alot of questions still...
I've had a CC for 2 years, and other for 5 months, and I just got approved for a third (Discover w/ $100 bonus).
I don't need my first CC as I hardly use it anymore (much prefer my Chase Freedom Visa Signature)
So my question... I know that cancelling my first CC isn't the best thing, but I have no use for it(no rewards etc); I've never even asked for a credit increase because my Visa Signature is ownage. Should I go ahead and kill my first card or should I ask for a credit increase and just continue to use it periodically?
Additionally, is it safe to apply/receive CC for their bonuses and then cancel them? I'll be in college for 2 more years so I'm not afraid of cutting my credit score to 700-assuming I can rebuild.