![]() Additionally, how much effect this has on your credit will depend on your current average age of accounts and how long your Jasper account was opened before it closed.Ģ. However, depending on the credit scoring model, this effect may not be seen for up to 10 years. When a credit account is closed, this can lower the average age of your accounts. Lenders want to see long credit histories, so they know you have experience borrowing responsibly. Your credit age: Your credit age, or length of credit history, is one factor used to determine your credit score. If you held a Jasper credit card that was recently discontinued, there are two credit scoring factors that may be affected by the closure of the account:ġ. Unfortunately, the closure of a credit card account-whether on your own or at the hands of the card’s issuer-can hurt your credit. Will the Jasper credit card discontinuation hurt my credit? Jasper has claimed the card will be recontinued in the future, but there’s currently no further information about whether or when the Jasper Cash Back Mastercard® will be back in service. New applications will not be accepted, and current accounts are no longer in use. The Jasper credit card is no longer available. Jasper Cash Back Mastercard® Discontinuation However, borrowers could only apply through a referral link.Īs of August, 2022, the card has been discontinued. It offered cashback rewards, credit limits up to $15,000, and limited fees. The Jasper Cash Back Mastercard® was a credit card aimed at borrowers with limited credit. Should You Get the Jasper Cash Back Mastercard® Credit Card?.Jasper Cash Back Mastercard® Feature Breakdown.Jasper Cash Back Mastercard® Important Details.Jasper Cash Back Mastercard® Discontinuation. ![]()
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