Hi /r/personalfinance, first time posting on this subreddit.

I'm switching banks from BofA to USAA, and I was wondering if I should keep my credit card with BofA or cancel it. I was told by my mom and a friend of mine that cancelling a credit card can really hurt your credit score, but my best friend says that if I don't plan on using the credit card, then I should cancel it, because credit that doesn't revolve would hurt my credit score.

If I keep the card, I plan to open up a new credit card with USAA which I will use to pay for gas to keep building my credit) and pay off (almost) fully every month.
user
Should I cancel a credit card if I don't intend on using it? If I don't, will it hurt my credit?
assistant
Hi /r/personalfinance, first time posting on this subreddit.

I'm switching banks from BofA to USAA, and I was wondering if I should keep my credit card with BofA or cancel it. I was told by my mom and a friend of mine that cancelling a credit card can really hurt your credit score, but my best friend says that if I don't plan on using the credit card, then I should cancel it, because credit that doesn't revolve would hurt my credit score.

If I keep the card, I plan to open up a new credit card with USAA which I will use to pay for gas to keep building my credit) and pay off (almost) fully every month.
user
if I keep a credit card, is it better to cancel it and open a new one with a higher credit limit that will be used for gas (to pay off my current card)
assistant