[Langers]

"Stashing" a card away might not be a good idea. Depending on your plans for
credit in the next few years, it could negatively impact a credit application. If you've got, say,
a $20K limit on the card with a zero balance
and you apply for a mortgage, the lender will
look at that 20K as a debt, because,
potentially, you could run out tomorrow and
max the card. If it's a small limit like $500,
then who cares, but if it's a larger limit, and
you might be looking for a mortgage, car loan,
etc. in the future then you should consider
closing it outright. Then sit tight and watch that
cheque for $1 roll in! src="../../ultimate/smile.gif" border="0" alt=""
title="Smilie" class="inlineimg">

How then do they judge the credit worthiness of someone with a centurion card that effectively has no limit?