Yes. You can keep your credit card. But there is a catch.
Lenders don’t just look at what you owe. They look at what you could owe. Your credit limit is what matters, not your balance.
Even if your card is sitting at zero, the bank may treat it as if it is fully used. That means your borrowing power can drop more than expected.
A $10,000 limit can reduce how much you can borrow, even if you rarely touch it. Multiply that across multiple cards and it adds up fast.
This does not mean you need to cancel everything. It just means you need a strategy.
Lowering your limits or closing unused cards can improve your position. In some cases, keeping one low limit card is perfectly fine.
It comes down to how it impacts your overall profile and what you are trying to achieve.
