No. of Recommendations: 1
Hi everyone

So, I have an excellent credit score, and I would like to keep it that way :) (800+)

I just opened a new Chase Sapphire Preferred card, and realized that I am now flirting with the north end of the number of credit cards I would like to have open at any one time.

I am looking to close one of my existing cards. I pay balances in full each month, basically moving toward a points accrual strategy

Basically, I have the following to work with:

1) Discover card, no annual fee, used only during 5% promo periods, opened circa 1997.
Approx 10-15k credit limit

2) Basic bank credit card, no annual fee, never used--1x a year to keep active only, opened circa 2002/3
Approx 10-15k credit limit

3) Hotel rewards credit card, $95 annual fee, currently main card for purchases--that will change with CSP, opened circa 2012
Approx $20k credit limit, use approx 25% of this each month, but pay it off in full

4) NEW CARD Chase Sapphire Preferred, $95 annual fee, will be primary CC except for hotel purchases
Approx $15-20k credit line

I am also an authorized user of my wife's travel rewards card AND have a corporate CC from my office

Basically, I want to close credit card #2, but I worry about the impact of closing such a long held credit line on my credit score. Any tips to try to forecast the impact?
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