The card is only a few months old, so I don't think it will hurt my credit. Also, I struggle to keep my utilization above 0% since I have debit/credit system I work with - I charge and while that charge is running, I'm on my phone processing a payment to that card. Also, it's such a low limit (500) that it won't affect me. Does anyone know if they prorate the service charge?
daniel2304 wrote:Dropping it now can hurt your credit a little bit just because it either shorten your credit history length or lower your total credit limit, but in future, your credit score will be up again.