mattymatt808 wrote:First of all, a closed account will stay on your report for 10 years anyway. .
It's factored into FICO scores, yes. It's not so much in other scores, and in the calculating limits process: Who cares about a card you closed five years ago? A bank might, were it one of their accounts, anyone else, not so much.
I'd stick the macy's card in the sock drawer, and if they cancel it, they cancel it. (unless you actually shop there; then you'd do well to use it, there are substantial discounts on offer from time to time.) See what 5/3 will do for you, though, before closing the account.