From a credit score perspective there’s a difference between having a card but never carrying a balance and outright cancellation of the card.
Excuse my poor grammar, on that last post.
I knew my credit score would be affected when I canceled my AX, however, I was a little surprised finding out that it effected my employment chances, especially considering the low level position which I applied for.
Nevertheless, I respect their decision.
True. The cards without a balance gives a person a higher total credit limit. Carrying a balance reduces available credit amount and associated ratio. Having a higher available credit boosts a person's score. That's why it's good to keep balances down and credit lines open (if there's no annual fee on a card - it's better not to cancel it if you want a higher score).