Are 2 accounts better than one?

Discussion in 'Credit Talk' started by liesel, Oct 27, 2001.

  1. liesel

    liesel Active Member

    I currently have 2 Capital One accounts, a Mastercard with a $1,000 limit and a Visa with a $1,500 limit. I am thinking about asking Capital One to combine them, thus reducing my monthly fee from $10 to $4.


    What would this do to my credit scores, if anything? Is it better to have two open accounts or one?
     

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