Big EX FICO8 increase after closed card

[5KRunner]

I recently went on a card-closing spree, and the first one finally hit one of my reports. It was a credit card with $0 balance and $5500 CL, and my EX FICO8 jumped 35 points to 805. With this change, I have $126,775 available on revolving credit accounts, with a utilization of 17.13% (up from 16.42%).

Why such a huge leap when I made a change that INCREASED my rate of utilization?

[Anonymous]

The score increase must have come from something else.

Closing a card and increasing your utilization slightly (not crossing any thresholds) wouldn't be the cause of a 35 point FICO score increase.

[SouthJamaica]

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@5KRunner wrote:
I recently went on a card-closing spree, and the first one finally hit one of my reports. It was a credit card with $0 balance and $5500 CL, and my EX FICO8 jumped 35 points to 805. With this change, I have $126,775 available on revolving credit accounts, with a utilization of 17.13% (up from 16.42%).

Why such a huge leap when I made a change that INCREASED my rate of utilization?

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Like @Anonymous I don't think that change was what caused the score increase.

[5KRunner]

I think you’re both right... I also removed myself as AU on an account that was just below 90% util at the time, but I haven’t received any notifications for it yet, so that could be the reason. But that was a Cap1 and I’ve read that it’s difficult to get them to report closed AU cards to the CRAs.

Regardless, it ought to become clear in time. Thanks for your input!

[Anonymous]

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@5KRunner wrote:
I also removed myself as AU on an account that was just below 90% util at the time.

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That change could definitely result in a solid FICO score increase.