Before closing a credit card account, consider keeping it open if it has no annual fees or high interest rates to maintain a good credit utilization ratio. Settle any outstanding balances and cancel ...

Looking to hold onto a credit card for years or even decades? Here's what to know about what can happen when you do, good and ...

When you have a credit card you don’t use, canceling it might seem like an obvious move. That’s especially true if the card carries an annual fee or you’re prone to overspending. But if you aren’t ...

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 ...

Credit card issuers are not required by law to provide advance notice before closing accounts. Accounts may be closed due to lack of usage, non-compliance with terms and conditions or changes in card ...