What If I closed or Cancelled my SBI smiplyClick Credit Card so it's affects my Credit Score?

[Abhishek7236]

Hi Guys,

I am new member of this community. I have one question.
What if I closed or Cancelled my SBI smiplyClick Credit Card so it's affects my Credit Score?

My SBI credit card age is only 2 months not any transaction do yet. Only credit annually fee will pay in this month statement and credit limit is only Rs.20000. But I want get Amazon Pay ICICI credit card because I am Amazon Prime Member and I have already HDFC Millenium Credit Card With Credit Limit Rs.200000.

What is your suggestion about this please help me ?

 

[Skylar]

Hi Guys,

I am new member of this community. I have one question.
What if I closed or Cancelled my SBI smiplyClick Credit Card so it's affects my Credit Score?

My SBI credit card age is only 2 months not any transaction do yet. Only credit annually fee will pay in this month statement and credit limit is only Rs.20000. But I want get Amazon Pay ICICI credit card because I am Amazon Prime Member and I have already HDFC Millenium Credit Card With Credit Limit Rs.200000.

What is your suggestion about this please help me ?

You can close it,
It won't affect your credit score.

 

[Abhishek7236]

Why because of age is only 2 month because of that.. but when I check credit score so many equires show in my credit report..

 

[Abhishek7236]

Thanks for suggestion.. Master Skylar

 

[Neetam]

Hi Guys,

I am new member of this community. I have one question.
What if I closed or Cancelled my SBI smiplyClick Credit Card so it's affects my Credit Score?

My SBI credit card age is only 2 months not any transaction do yet. Only credit annually fee will pay in this month statement and credit limit is only Rs.20000. But I want get Amazon Pay ICICI credit card because I am Amazon Prime Member and I have already HDFC Millenium Credit Card With Credit Limit Rs.200000.

What is your suggestion about this please help me ?

I don't think it will have an impact on your credit score as you have not even done any transaction on it.

 

[Abhishek7236]

I don't think it will have an impact on your credit score as you have not even done any transaction on it.

Ok thanks..

 

[Abhishek7236]

Yesterday, I apply for Amazon Pay ICICI credit card because I am prime member.. and use Amazon for shopping..
Because of I proceed cancel my SBI Credit Card.

 

[dilipmunde]

It

Hi Guys,

I am new member of this community. I have one question.
What if I closed or Cancelled my SBI smiplyClick Credit Card so it's affects my Credit Score?

My SBI credit card age is only 2 months not any transaction do yet. Only credit annually fee will pay in this month statement and credit limit is only Rs.20000. But I want get Amazon Pay ICICI credit card because I am Amazon Prime Member and I have already HDFC Millenium Credit Card With Credit Limit Rs.200000.

What is your suggestion about this please help me ?

It will affect your credit score as it will be shown closed credit card after closing it that's not big issue your credit score will not decrease

 

[knagar0078]

No, Please don't...
Don't close your present SBI Credit Card before applying for amazon pay card.
Actually there's a rule that if you close your previous Credit Card or your application got rejected then you can't get a new one before 6 months.
When you will apply for your Amazon ICICI Credit Card then it will for sure get rejected and you won't be able to apply for any Card before 6 months. Also because of multiple enquiries your Credit Score will get affected and ultimately you can only wait for 6 months and before that nothing can be done...
Hope this Help...

Radhe Radhe

 

[hitirfan]

Actually there's a rule that if you close your previous Credit Card or your application got rejected then you can't get a new one before 6 months.

There is no such rule.