This will make overall credit utilization ratio to increase to 28.33 %. (myfinancekits.com)
I am aware of the benefits of having overall credit utilization as low as possible (we're aiming for < 20 %) but is there any credit score benefit to the practice of actively using a card and paying it off every month as opposed to not using the card at all? (money.stackexchange.com)
Getting rid of an account could raise your overall credit utilization ratio and make it look like you're using a high percentage of your total credit line. (smartasset.com)