This will make overall credit utilization ratio to increase to 28.33 %. (myfinancekits.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)
Any slight increase in the balance of any of the remaining two credit cards will not only increase the credit utilization of the card, it will make the overall credit utilization ratio to jump above 30 %. (myfinancekits.com)