Shall i close my 1st credit card?

[basant]

my first credit card is 20 months old- limit 1 lakh
2nd credit card is 15 months old with 7 lakh limit. 5 month gap between both

want to close my 1st cc . will it impact cibil more? my cibil is 778. kindly suggest.

 

[akshayhs]

I don't recommend you doing it. Both your overall credit, longest credit history will go down. It will definitely impact your credit report although I have no estimate on the amount of impact you will have.

What's the exact issue that's prompting you to close it? Please disclose it here so others can give you a better solution if there is one.

778 is a great score if it is on CIBIL. Don't worry too much into it.