Looking for some advice on what will best benefit my credit score. I have 4 credit cards. Two are paid off in full and not used, but I've had them for 12 years and 6 years. The other two I use daily, and they are "rewards" cards. I've had them for 3 years and 1 year. They pay for themselves in airline miles and baggage fees (I travel quite a bit for work and personal) so I would like to retain those two.
Should I close my two long-standing cards? Their credit limits are $5400 and $16,000. Will closing them hurt or help my credit score? I'm currently fluctuating between a score of 720-740.
Submitted April 08, 2017 at 12:16PM by Tonald__Drump http://ift.tt/2pe2goz