<prompt> Human: I would post this on rchurning but its kind of not about the rewards so I think this is the right place to post!I had a Capital One Secured credit card for about 3 years and I got my score to about 740 so just within the last 2 weeks I decided to apply for a real credit card. I did a lot of reading around reddit and nerdwallet and I got too scared to apply for the Quicksilver because I didnt want to get rejected.. so I applied for Quicksilver One 39 annual fee. I got approved w a 2000 limit.Well.. its barely been a week since I activated the quicksilver One and I just got an offer in the mail for the Chase Freedom.. so I thought about it and I just applied and I got approved with a 1200 limit.Should I close the quicksilver one with the annual fee? Capital one says they will refund any membership fees within 30 days of the account but this one has a higher limit and I was already with capital one for like three years.. Does closing it super fast show up on my credit report or something?I basically just want like one decent credit card I could have for a really long time so I could have a long credit line on my report.  <response>: The only reason you wouldnt want to cancel the card is that itll drop off the credit report in 7 years.. and so itll no longer be helping your score.However, there is no reason to not have both credit cards on your report. The credit cards you have, the better your score. Call up capital one and tell them youd like to cancel the card or switch to a card without an annual fee. They will probably let you switch the card. 