Bother to cancel old credit cards

[Deleted User]

Got loads of old credit cards that I haven't used for ages. To be honest, some of them I never used for purchases just for 0% balance transfers etc.

Is it worth bothering to cancel these? Or just leave them? I'm just wondering if having a shedfull of credit cards with £0 on them is somehow negative with reference to your credit rating or something...

robnye

simply put - yes

otherwise your credit file will report a total amount of credit........ whether it is in use or not.....
some companies may even offer you different deals, when you contact them to close the account.

Chadsman

But if you have any of the following keep them...
Egg for the 0% anniversary offers and to act as a mule into your current ac, Nationwide for shopping overseas as they dont charge commission and a decent cashback card.