It is never an easy decision to close a credit card account. There’s a lot more layers to closing an account than pulling out scissors and cutting it up like you’re in a bad movie. You could be trying to stop spending so much money and you believe that closing the account is the quickest way to getting back on a good financial track. While your heart is in the right place, the logistics of closing this account will take a little more planning. Plus, you need to take into consideration of what closing this account will do to your credit score.