Closing a CC account, even for a perfect customer, will lower you credit rating. Multiple closings are even worse. Next time you go for a house or car loan, you will possibly be in a lower rating bracket and have to pay higher interest on the loan. The benefit you gained in dropping the card will be more than lost in the higher interest. Be careful. Read some articles online about what affects your credit rating. Of course, if you don't intend to borrow money, you're OK.
“Of course, if you don’t intend to borrow money, you’re OK.”
In my 72 years i’ve never borrowed a cent for anything or bought anything on payments except our 1st home and it’s been paid off for over 20 years.
I have no idea what my credit rating is because no one will give it to me without paying them $7.