Bank » Green Living http://www.banki.grajewo.pl Banking Grajewo Mon, 05 Apr 2010 09:36:06 +0000 en hourly 1 http://wordpress.org/?v=3.2.1 How do I switch credit cards and not affect my credit score? http://www.banki.grajewo.pl/how-do-i-switch-credit-cards-and-not-affect-my-credit-score.xhtml http://www.banki.grajewo.pl/how-do-i-switch-credit-cards-and-not-affect-my-credit-score.xhtml#comments Fri, 19 Feb 2010 09:35:05 +0000 Banks http://www.banki.grajewo.pl/how-do-i-switch-credit-cards-and-not-affect-my-credit-score.xhtml
salena asked:


I want to get a frequent flyer credit card but I already have 3 credit cards with generous limits. I don’t need these credit cards and I would like to cancel them and have this “possible credit” to go towards the new card. I heard once that canceling a credit card has a negitive effect on your credit score. Is this true? If so, how do I switch credit cards and avoid affecting my credit score in a bad way?

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