I currently have one checking and savings account with a bank. I have had it for about 3 years. I opened this account because it offers better car-loan interest deals if I use auto-pay from a their bank account. I also have another credit card with another bank and I opened it because it's cheaper to pay car insurances with it.
Since then I have paid off my car loan and I plan to switch my auto-insurance company, and both the bank account(s) and CC have annual fees associated with them. Therefore, I would like to close them and look for better options. (I will pay off all balances before I close it). I had applied for a card, and have received a better offer.
Now, my questions is whether there is any adverse effect in closing these accounts in regards to my credit score.
Please let me know.