ST Alpha - "What is the credit score impact if I cancel the card after the first year? -- nm" (Reading a Post)

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In response to "Hey guys, you only have a couple more days to get Chase's ridiculous signup bonus on the Sapphire Reserve credit card." by spamlet

What is the credit score impact if I cancel the card after the first year? -- nm

Posted by James Bond (aka on phone) (aka Igor) Jan 9 '17, 06:37

(No message)

Responses:

As David says, it really depends. Ours has not been effected by opening and closing cards but I don't do it in a massive way. - spamlet Jan 9, 06:45 2
- On the plus side, I was reading an article the other day that someone's score went up by 20 points after getting this card. - David Jan 9, 06:47 1
  - Yeah, when we got approved ours was higher than any other limits we've had. - spamlet Jan 9, 06:56
Like all credit issues, it just depends. Getting this card will spike your available credit. When you close, you'll lose that. - David Jan 9, 06:42
massive. -- nm - decline Jan 9, 06:40

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