I am thinking about closing my Discover account. I have had the account for a year and a half. My limit is 14,500. I am not real worried about my ratios, because a large chunk of my debt will now reside on my new Amex LOC which supposedly does not report. The purchase APR on my Discover card is through the roof. They did give me 4 months of purchases at 9.9, but the permanent rate is 18.99. I really only had the account for the fee-free balance transfers, but they have recently decided to start charging fees. If I keep the account, I will never be using it. I have many better accounts. I guess I am posting this incase someone has any reasons why I shouldn't close the account.