Will combining credit cards effect my credit score?

I have a Citi Visa card since 2002 and a new Citi Mastercard with rebates which I%26#039;ve received a month ago. I like the rebate features on the Mastercard and I would like to combine both cards into the Mastercard. Will I lose my credit history on the Visa if I move the credit limit to the Mastercard and close Visa?

Will combining credit cards effect my credit score?

Closing an account will not help your credit score and may hurt it. Unless it is a fee based card, just destroy the card.

Moving money from one card to another will not affect your credit rating. You will never lose a credit history.

Will combining credit cards effect my credit score?

You will not lose the credit history. But why close the Visa if it is otherwise OK? Just don%26#039;t use it anymore.