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Why my bank closed my credit card accounts

I have 3 credit cards with my bank, the 3 are maxed out, the bank already closed 2, so i guess they Will also close the 3rd one, but why they are close them?!
Original post by Kxns
I have 3 credit cards with my bank, the 3 are maxed out, the bank already closed 2, so i guess they Will also close the 3rd one, but why they are close them?!

Presumably they were worried that your level of debt had become unsustainable. They may leave you with the one card, if they think its limit is more reasonable.

Or perhaps they think it makes more sense to have one card (with a high limit) rather than three separate cards.

Have you called-up and asked them?

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