credit_junkie87 Posted August 1, 2006 Report Share Posted August 1, 2006 Would closing my Crap 1 account now, which has only been open for 4 months help me obtain good rewards cards later?My other accounts are:1. Bank of America CC - 6 months2. Auto Loan (20k+) - 0 months3. Wells Fargo CC - 1 month4. Wells Fargo line of credit - 1 month5. Secured Card - 1 yr (will be closing that soon)I don't want to be denied good cards because I have too many accts open.This is from a long term perspective - don't have any immediate need for credit.I'm closing my secured card because I'm told shifting to an unsecured card would be a new account (and I would presumably lose my 1 yr history). Link to comment Share on other sites More sharing options...
divemedic Posted August 1, 2006 Report Share Posted August 1, 2006 I don't think so- I had a CAp1 secured- after 1 yr, you just ask for your security deposit back. Link to comment Share on other sites More sharing options...
credit_junkie87 Posted August 1, 2006 Author Report Share Posted August 1, 2006 My Crap 1 is unsecured. This is a different secured card. Link to comment Share on other sites More sharing options...
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