Young woman sits on her couch working on a laptop and holding a credit card in her hand.

Does Closing a Credit Card Hurt My Credit Score?

4 min read
Last Updated: October 31, 2025

Key Takeaways

  1. When you close a credit card account it can impact your credit score.
  2. A closed credit card account can affect factors that make up your credit score, including length of credit history and your credit utilization ratio.
  3. Based on your financial situation, there are times when it’s best for you to cancel your credit card account rather than leave it open.

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