I have 7 unsecured credit cards and my oldest account is about 8 years old. I pay them all off in full every month. With $60,000 available credit to me total I never use more than 2% of my total credit limit. There's 3 cards I haven't used in years and don't intend to. I got them just for a 0% BT, paid them off and never used them again. However, if I close them out it'll decrease my available credit by $23,000 hence increasing my credit utilization percentage. I don't pay an annual fee on any of them and my credit score trends between 765-785. Is there any benefit for me to close out my unused credit cards? Or should I just leave them in my dresser and continue to not use them?
Submitted March 26, 2017 at 08:25AM by MikeGoz413 http://ift.tt/2npiUTS
