Closing intermediary credit lines

Question

So one consequence of closing a credit line is that it can adversely affect your credit history if it is your oldest credit line.

But what about closing credit cards you acquired along the way that you simply don't like?

Here is a hypothetical example:

7 year old credit card with high limit
5 year old credit card with relatively high limit

4 year old store credit card with low limit
4 year old store credit card with low limit

1 year old credit card with highest limit

and you close the two store credit cards.

Are there negative consequences of closing them on a credit score? If so what are those factors to consider?

Assume there is no balance on those cards and they are in good standing.

Answer 1

Not a problem. You won't see these accounts fall off your report for a long time anyway. Even if you cancelled the oldest card, it's still on the report for as long as 7 years. I recommend pulling you free annual report to track these.