conversation: User (_nullpointer): "I have an old Household card (I think was Orchard at one point) that I got 15 years ago. Since then it's changed to HSBC, then to Capital One. I also have BOA, Chase, and Capital One credit cards that have over 10K limit each with low or no balances, all with no fee, lower apr and rewards.\n\nSo the question is, do I keep this card that has only 1200 limit and $59 annual fee? The age of the credit line is 15 years although it switched hands. I already had Capital One upgrade it to Quicksilver like my other Capital One but they said the can't get rid of the fee on the legacy Household card.\n\nI would think closing it would make most sense from a practical stand point but I would like to maintain the best possible credit score for some purchases/refinancing over the next year or two.\n\nThanks.\n\nEDIT: Thanks for the comments guys. I do think I will close this account. The next oldest card is only 1 or 2 years younger (store card, not sure if matters). I am usually able to get them to reverse the annual fee but they insist it cant be removed permanently on this legacy card (even though it was upgraded to cash rewards card). It's just not worth the hassle. \n\nThanks."
  Self: "If the account provider won't convert the account to a no-fee card, then just close the account.\n\nThe damage to one's credit history that results from closing an old card is overblown, in my opinion. Since you have other credit cards (presumably in good standing), this isn't going to hurt you much."
  