Have a travel related question? Post it here, and I’ll do my best to answer it as quickly as possible.
While anyone can comment on regular blog post, registration is required in order to post a question in this space. Creating your account is free, and you'll be able to see when your question is answered, as well as like comments from other users. And of course, you'll earn status points for offering helpful answers!
This space is intended to be more of a community as well, so please jump in and share tips!
To Cancel, or Not to Cancel
I am considering signing up for a few different cards over the next 6 months or so, mainly for the signup bonus, not the long-term benefits. Some of these cards have annual fees, including some that are close to $500 per year. How does it impact your credit score to open and then close a card before the second year closes out? Is it foolish to consider this?
[USER=1326]@Nadroj[/USER], what you are considering is very common (I assume you mean cancel before your second year starts, not second year closes out). It is not foolish at all. Maybe this post will help: [URL]http://onemileatatime.boardingarea.com/credit-cards-credit-scores/[/URL]