I currently have two credit cards: an ICICI Platinum CC that I’ve been using since 2021 and a One Card BOB, which I started using in December 2023 mainly for forex transactions. While the One Card BOB is a lifetime free card, it doesn’t offer many rewards. Should I consider closing it? How will closing this card impact my credit score?
@Anupama If your card is lifetime free, there might be no immediate benefit in closing it. Keep it for the long term to maintain your credit history. Closing it could potentially impact your credit score negatively.