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Closing Accounts?

Hi,

I'm thinking of closing a couple or 3 bank accounts & credit cards to make my finances easier, a couple of the accounts have not been open very long, 3 - 6 months, I opened them with great intentions but it's too much work switching money around.

My question is would it effect my credit rating badly if I was to close them now after only being opened recently?

Thanks in advance. :beer:

Comments

  • jonesMUFCforever
    jonesMUFCforever Posts: 28,898 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    No as long as you do not leave a debt on any of them.
  • brightonman123
    brightonman123 Posts: 8,535 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    i would get the account you ARE going to keep up and running first.. swap over direct debits etc, then wind down the old ones.
    Long time away from MSE, been dealing real life stuff..
    Sometimes seen lurking on the compers forum :-)
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