Originally Posted by
shimps1
So how long should someone wait to close an account, after lowering the credit limit?
Wrong question. What you should do is lower the cl as soon as you meet the min spnd. Then when you want to cancel/reapply later you don't have to worry about "how long".
I understand in your current situation you now have to worry about "how long". And since I do the above I don't know the answer to that. But my advice above is for your next app.