- Centurion Member
- Posts: 538
- Joined: Fri Mar 09, 2012 9:29 am
- Location: San Francisco, CA
Canceling card has immediate effect of reducing your total available credit which could increase your utilization. However if you have low reported balances, it should not matter or if you get increase elsewhere. Your aaoa will not take a hit as fico counts both closed and open accounts into aaoa calculation. However closed accounts will fall off credit report in 10 years or so after they stop reporting.
Amex Centurion, Amex Platinum, Amex BCP 8k->24k (5/23/12), Amex TE 15k, Cap One 1.5% 15k->20k (8/7/13), CSP 25k, Chase Palladium 100k, Citibank AA 35k (AU), Firestone 1.8k->2.2k->2.4k (8/20/12), JFCU Jloc 30k, PenFed Plat Rewards 30k, SF Fire 30k, US Bank Cash+ 25k