You may already know this, but leaving that account open and simply
cutting up the card is generally regarded as the best way to deal with
"closing" a CC account (with no annual fee).  That way the available
credit will remain on your credit report and help your score.
Eventually Citi will close it automatically, but in the meantime they
will be helping your score and you will not be giving them a dime.

-Cameron

On Mon, Nov 24, 2008 at 12:59 PM, Jacob <[EMAIL PROTECTED]> wrote:
> This morning.. I cut my ties with Citibank. I opt-out and transferred the
> balance to BofA, at a lower rate.
>
> Once the transfer hits, I will cancel the credit card.

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