Closing a credit card may hurt your credit, but the impact varies depending on your credit history. Sometimes, it makes sense to close a card even though it might affect your credit. You can take ...

Cancelling a credit card is a significant financial decision that can impact your credit score. While experts generally advise against closing a credit card, there are valid reasons to do so, such as ...

You generally should avoid closing accounts if your scores aren’t great or if you’re in the market for a major loan, such as ...

If you close a credit card with a balance, you’ll still be responsible for that debt. Card issuers will continue to send statements in the mail, and interest will still be applied to that balance. In ...

Lots of popular credit cards charge an annual fee. They usually have more than enough benefits to make the fee worth it, but only if you can use those perks. If you're not able to take advantage of ...

You'll typically forfeit unused rewards when closing a credit card account. You can preserve your rewards value by transferring or redeeming points before closing an account. Co-branded card rewards ...

Okay, talk me down. I have 18 credit cards and would like to close five of them - all at once. Actually, I'd like to close more, but I have five targets for now. The cards are paid in full every month ...

If you applied for a new travel credit card with big plans to use it for a now-canceled trip, you might be wondering: Should I also cancel that card? The answer depends on the potential impact on your ...

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When you close a credit card, it’s typically a use-it-or-lose-it situation for rewards — and you may miss out on huge value if you don’t take action. “Too many cardholders forget or don’t realize that ...