I don't see why everyone is so scared about having their accounts closed. Normal credit behavior does not result in closed accounts 99.9% of the time. The unfortunate thing is that so many on this forum conduct abnormal credit behavior. This has been discussed before, sorry for rehashing.
Lets go back through what has happened on young's credit report in recent months (not counting the months before it).
Young has applied for and opened new cards. (2 within the last two months?) Had a card closed by Citi. Carries a balance on 6 or 7 cards, 1 of them being a completely maxed out Freedom where the balance hasn't changed for several months. He has made minimum payments at times, and moves debt around pretty frequently (different cards carry balances).
If any of that seems normal, you all spend too much time on the forum. To give young credit, he generally recognizes that his behavior looks weird to the credit card companies. But he does these odd things for other financial reasons that I think are generally foolish (Mother always said never listen to anyone who claims to know something, they always know the least). But that's neither here nor there, because he has made his own destiny. At the end of the day, the biggest risks are to those who carry balances, max out cards, make minimum payments, and conduct "credit-seeking behavior". If you are one of these people, keep worrying - and realize that you are likely putting your finances in jeopardy. If you aren't one of these people, enjoy your cards and stop worrying!
I should add this: the traditional use of revolving credit involves a reduction to $0 to indicate that the credit is actually used for cash flow timing purposes rather than a permanent extension of credit. If you haven't ever brought a CC to $0 (not including current month charges), then your use of credit cards is a departure from the traditional use of revolving credit. What that means differs between companies, but it could be a potential cause for concern if balances start climbing.
In My Wallet: Amex BCP (12/12) $50,000, Chase Freedom (12/12) $16,500, Cap1 Quicksilver (6/12) $14,000, Barclaycard Rewards (5/13) $10,500, Citi Prestige (4/16) $30,000
Last App: June 27, 2015