I currently have a MasterCard from a bank that I am unhappy with. I want to get another MasterCard from a different issuer.
Should I close my current account then open the new account? The other way around?
Are there any benefits or implications to the order I do this in?
If it matters I am not overly concerned about my credit score. I have two credit cards (approx $9000 credit limit between them), a mortgage, a single car loan (nearly paid off), and the usual utility bills. All my debts are paid in full every month . My score is currently high.
The card I want to close is used for recurring pledges and donations, at places where Visa is not welcome, and for work travel. Generally about $200/month and then a few thousand every quarter for work travel.