I was wondering if there were any guides around the best practices to change between cards and maintain the best credit rating you can.
For example, i have two cards that both have a 15k limit. I am probably sitting around the limit of credit would be with my salary. I want to get rid of one and go to a different bank. Is it best to cancel one card and then apply to another? Or is it best to pay down the balances on all existing cards and then apply for the new card and cancel the other card once approved?
I would prefer to go the route that will affect my credit the least without the chance of a card being declined.