not as badly as closing them... go figure, the entire credit industry is 
so skewed away from the consumer that it's ridiculous. But you can't 
survive in today's economy without at least a little credit.

Gruss Gott wrote:
>> Cam wrote:
>> 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.
>>
>>     
>
> Doesn't number of open accounts ding your credit?
>
> 

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