To Maximize Credit Card Rewards, Transfer Your Limit Before Closing a Card
by Nicole Dieker on Two Cents, shared by Nicole Dieke from Lifehacker on (#4WHBD)
Closing a credit card isn't always great for your credit score. If you're closing your oldest credit card, for example, it might reduce your overall age of credit- and the credit bureaus often dole out a few extra credit score points for people who have maintained the same credit accounts for, like, decades.