I actually went through a similar calculus on my own situation this week when I decided to go on a closing spree of my Capital One starter cards both the Quicksilver1 ($300 limit) and a secured Capital One Mastercard ($800) that I somehow thought had graduated but realized it was secured after I tried to get a CLI on it. I'd already closed a USAA Secured Visa ($2000) earlier in the week, but managed to get CLI increases for some of other cards that it'll basically end up a wash and I lowered my util heavily so I'm down to around 6% the next time things update.
For me, having the annual fee card was a non-starter and the secured card I figured it's my money and I don't need them holding onto it anymore...that the short-term potential hurt --- which likely won't be more than a few points, if any -- was worth having one less account to login to entirely. I appreciate Capital One offering me credit when no one else would back during the start of my rebuilding journey, but for me it wasn't a necessary piece of my puzzle moving forward.
