kahunaburger

I finalized my transition from my Wells Fargo checking/savings accounts to E*Trade (see here for the background story). Direct deposit, Bill Pay and everything else has been moved over without any issues (by the way, I really love the fact that I can go to any ATM to pick up money and don’t have to worry about 3rd party fees – E*Trade reimbursed those fees all the times that I tried different ATMs).

The German in me tells me that I need to clean up behind me: those old Wells Fargo checking/savings accounts need to be closed! Now! No later than now! But I just realized (again) that this is not Germany and I may have to adjust my thinking. I read over fool.com’s “Get Perfect Credit” recently and it mentions in there that one of the things that seems to affect your credit score is “account history”.

So, the million dollar (actually more like $100) question is: Do I close the accounts? Or do I keep them hanging around with a few bucks in there? If you have any opinion on the subject, I’d be more than interested to hear about. Educated opinions get preferential treatment