Wil it hurt my credit rating to close open, zero balance credit cards?

[Anonymous]

Anonymous wrote:OP, do not close credit card accounts where you have a high limit, long history and zero balance. That would without question negatively affect your credit score. If you are worried about using them when you have balances on the other new cards, put them in a cup of water in the freezer so they are encased in a block of ice by the end of the day.

This. High limit, long history, zero balance cards are excellent for your credit score. Just don't use them.

[Anonymous]

Anonymous wrote:

Anonymous wrote:OP, do not close credit card accounts where you have a high limit, long history and zero balance. That would without question negatively affect your credit score. If you are worried about using them when you have balances on the other new cards, put them in a cup of water in the freezer so they are encased in a block of ice by the end of the day.

This is not true and certainly "with question". The only way it would hurt the OP's score is if closing the card makes her utilization go too high. And that is remedied by paying down another trade line on your report.

No, that's wrong. It's not just a utilization issue.