If I activate a credit card but haven't used it yet it, if I cancel it, will it affect my credit score?

It will only affect you negatively if you are not approved for the second card or if the second card comes with a lower limit. If you cancel and get the second card, assuming the same limit, it is a wash (what will happen is that you score goes down some when you close the account and then back up when you get the new account, so there might be a little delay unless you time it right).

you may cancel a card at every time. in simple terms as long using fact the stability is 0.00, then you definitely are ok. as quickly as you utilized for the cardboard, the credit reporting companies (Experian, TransUnion, Equifax) have been notified, and this brings down your credit a pair of things. last the account won't injury you, yet utilising for enjoying cards or credit alot of cases will decrease your score. You utilized and have been given an account for a credit line from Chase no be counted in case you turn on the cardboard or no longer. you should close or save the Chase account now and it wont be counted, and in simple terms get yet another card. utilising for yet another card will decrease your score returned, yet your revolving credit would be bigger that will strengthen your score over the years in simple terms as long as you're making each and every charge on time and don't carry extreme balances. (over 50% of decrease)

Unless you have an annual fee or some other fee they assess on that card, outside of finance charges, I would just keep it. Depending on your available credit after closing it, it could hurt you.

Let's say you have 3 cards. You have one $500, one $1000. And let's say your $1000 has a $500 balance on it. Well, you are using $500 out of $1500 in available credit (debt to credit ratio). That's in simple terms not factoring your other debts, let's just say you have no other debts for purposes of this example. In this case you are using about 33% of your available credit. Now let's say that card you want to close is $500. Now you are using $500 of credit out of a possible $1000. Your ratio has now jumped to 50%, just like that. So depending on your total picture it will hurt you minimally, moderately, or severely. So I would just leave it open and only use it twice a year, to keep it active. This will help your credit file more than closing the account. Closing will ding your credit no matter what, it just depends on how bad.

Offers don't amount to much.

You may not get a new card, since you just applied for a card.

New credit dings your rating for 6 months.

Never get a card that is advertised to you.

For the best cards - you have to go find them.

Why are you intersted in APR?

There is only one way to get top notch amazing credit scores.

You charge something you need each month and pay in full.

This way, you never pay interest (apr), and you get top credit.

Keep your current card - pay in full each month - amaze future creditors.

Carrying balances not only ruins credit - it can destroy lives.

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yes it will hurt your credit score. Use even $15 on it and pay it off right away. If it's inactive the company will close your account making your credit even worse. Check out the new laws credit card companies put into place TODAY google new credit laws. It's HORRIBLE!