Wow they closed my credit card

Описание: My current Credit score is around 762 and a year and a half ago it was around 641, but I also have around 7 credit cards, well now official 6.

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1. Why they closed my credit card
The short answer is I stopped using it for close to a year
I didn’t have a balance or anything, but it was one of these credit cards that I rarely use ( chase freedom)
I tried calling them and seeing if they would reopen, but because it was the inactivity, and policy says once it's closed their nothing they can do ( the account is going to stay closed)

What does this mean for my credit score:
It's going to affect me in two ways my credit utilization and my credit history
For example, credit utilization is the amount of money you are using compared to the amount of credit they gave you ( and you want to keep it below 10%)
So in my case, I have a total like of credit of around $36,300, and on average I have a balance of 500 a month ( which mean credit utilization is 1.37% which is good ( but now because chase closed down my card that gave me 3.3k ( my credit utilization is 1.51% - which means nothing should change)

The second part though my Credit history:
Because is around 2 years old, this is going to impact my credit history in some way
But in reality again not that that much, and the effect will be temporary
So no need to freak out
Tip: if I had a card with an annual fee and no use for it, I would definitely close it, even it would lower my score temporarily ( unless you have a mortgage on the way)

2. My new strategy
I have 6 credit cards left
Each credit card has some type of bill on it ( ranging from a phone bill to a little subscription of $10 or less)
That way they all stay active

However, something is going to happen even worst:
I have another credit card that going to close ( because it mattress firm card, that I'm not going to buy a new mattress to keep it active )
On top of that my student loan debt accounts are going to be closed ( which means that my credit might take a small hit )
However, that doesn’t matter, because in the real world I’m eliminating things I don’t need and that cost me money)

I’m thinking:
I’m thinking because my score is going to drop a little
Might be the perfect time to replace those two accounts
I might either get the Citi double cash card and put my gym membership on it or the apple card and put a small bill on it too ( but I might just pick one )

3. The point of this story is
Sometimes your credit score might drop a little when you’re doing the right things
But don’t overthink it
And remember to put a small bill on each card to keep active ( I just took to long to do it with the chase card)

Tip: I can always call one of my credit cards, and tell them to increase my credit utilization since I have a big purchase coming up ( which will limit the increase in credit utilization )

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