If you already have multiple credit cards then it is not always advisable to close the extra accounts that you are not using. Closing credit cards with zero balance is not likely to have a positive impact on your credit score as it will lower your utilization ratio of the balance to limit ratio. Whatever effect that opening additional credit card accounts had to have on your credit score has already probably happened. Closing extra credit card accounts will more likely have a negative impact on your credit score rather than a positive one.

The factor that the credit card has a zero balance has no bearing on the issue except for the fact that if the card has some balance on it than you will be required to pay it or settle it. Choosing to settle the balance on a credit card will always have a negative impact on your credit score.

An increase in the balance to limit ratio is considered as a sign of risk as it shows that you are utilizing a larger percentage of the money available to you on credit. However, if you have a strong credit history with other positive information present on it then the effect of closing one or more than one credit card accounts will probably not make much difference. Credit scoring model takes into consideration several factors individually as well as in relation to each other while calculating the credit score. People with a good credit score to not have much to worry about the impact of closing a credit card account on their credit score as it will probably be a minimum of the negative but it was still not prevent them from getting the credit that they might want in the future.

Of people who are suffering from a financial crisis may want to close their surplus credit card accounts in order to remove the temptation to get into further debt.

For people who have marginal credit often indicate the can of consumer who is close to the limit of the debt that they can manage. If there is not much positive information on your credit report affecting your credit score than having it did a few more points due to the closing of extra account might result in you falling below the threshold qualification criteria of some lenders are extension of credit. There are two ways to look at it. You I want to keep the extra credit card accounts opened in order to keep up the debt utilization ratio or you may want to close them to avoid the temptation to get into further debt at the risk of shaving off a few more points of your credit score.

It is was advised to an individual who is unsure of the effect that closing a credit card account may have on the credit score to get a copy of his credit score from the National credit bureau which is usually accompanied with an explanation of the positive and the negative information that is having an impact on the credit score. Using the derivation given by this report you can decide whether you should or should not close the credit cards even when they are carrying a zero balance.