So looking for a bit of general advice. I currently have 4 credit cards, 2 of which I only spend the odd couple of £ on and pay it off to keep the card ‘active’. Now I hardly use these 2 cards because I only used them as credit building cards a few years back and my 2 newer ones have much better limits and interest rates. My question is this - am I better cancelling these or keeping them? I have heard that it is better to keep older credit accounts open as it increases credit scores and that closing a credit account that has a long history will reduce scores.