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is it true if you open a credit card then close it, does that drop your credit score?

Is it true if you open a credit card and then close it shortly after opening it, does that drop your score?

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April 10 2012 - Ann Arbor
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I think www.myfico.com is an wonderful site to learn about credit and ask questions.
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April 10 2012
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Thank you all this info was very helpful!
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April 10 2012
It is best too keep your credit card account opened even if you do not use it too much.  I try to use mine in situations where I normally pay cash and then pay my credit card account on line within a few days just to show activity.  The more unused credit you have available the higher your credit score.
Tim
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April 10 2012
Yes closing any CC account if its new or many years old will lower your score.  Its best to just keep all your cards open even if your do not use them.
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April 10 2012
Typically, newly opened revolving credit will lower your score. closing the account, especially if it has a zero balance can also lower your score.
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April 10 2012
 
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