The England Under-21 international traveled to south Wales to discuss a move to the Bluebirds with manager Malky Mackay after a bid was accepted by the Tangerines.
But he revealed that it did not feel like the right move with a young daughter and family in the north-west.
"It just felt the right thing to do, after weighing up all the pros and cons," he told the Daily Mail.
"Malky has done magnificent things for Cardiff, and I wish them all the very best in the Premier League, but I had to conclude I would not be going there with them.
"Sometimes, you have to follow your instinct, and my gut feeling was that it just wasn't right for me.
"I'm still very young. At 21, I'm still learning the ropes and developing, and I'm also thoroughly enjoying my football at Blackpool.
"On top of that, all my family are in the north-west, not least the little baby girl whose recent arrival means I've now got a young family of my own to think of."
- Malky Mackay