Quote:
Originally Posted by Redlemon
I have a Citi credit card I haven't used in years. They just informed me that I'll now have a $60 annual fee, unless I charge at least $2,400 in a year. I was considering canceling it, but I was worried about the impact on my credit. It appears my worry was misplaced, based on your myth. Thanks! (Correct me if I'm wrong, please!)
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Incidentally, I just got that same notice, and I just cancelled my account. Providing you have other long term trade lines open, it should have a nominal impact, at most.