Need suggestions on credit card closure.

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Last Comment 2024-10-14

2024-10-14

I have 4 ICICI bank credit cards with shared limit.

I am planning to close two of them. Kindly suggest which two cards should I close, as most of the benefits are common in all these below mentioned cards. Also, will my credit score get impacted with card closure? All these cards are LTF cards.

Cards:

1) Rubyx AMEX - Issued in Aug 2024

2) Rubyx Mastercard - Issued in Aug 2024

3) Coral Rupay - Issued in Jan 2024

4) Coral Visa - Issued in April 2021

6 Comments |

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https://www.desidime.com/comments/permalink/10406512

playdime

2024-10-14

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Keep Amex and Rupay

https://www.desidime.com/comments/permalink/10407106

narayana1dd249

2024-10-14

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if it's free cards and with shared limit, what's your problem, you may keep or close, no impact.

https://www.desidime.com/comments/permalink/10407290

Napster84

2024-10-14

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If you close card with oldest relationship it will impact your CIBIL for a while. I would not recommend closing 2021 card irrespective of benefit, unless you have other cards with even more ageing/credit history

https://www.desidime.com/comments/permalink/10407615

saurabh019

2024-10-14

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Is it possible to close one variant of Rubyx ? Since it is offered as a dual card

https://www.desidime.com/comments/permalink/10407709

desidime_user5

2024-10-14

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Yes, we can close one variant.

https://www.desidime.com/comments/permalink/10407685

malikcool

2024-10-14

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Coral card is not useful in general. But it comes in handy during sale time when we exhaust the discount limit on one ICICI card we can use the other ICICI card to get the discount.