Close a Credit Card

Not all credit card relationships are meant to last forever. Get the details on when you should and should not close a credit card.

Close a Credit Card
what happens when my credit card is canceled because of inactivity? Credit card issuers have the right to close accounts, and inactivity is a common reason—if you’re not making charges, you’re not incurring interest. Issuers are not required to give notice. Having a credit card closed can hurt your credit score. If you’d like to keep an account open, request to keep it open and make a purchase immediately. Prevent inactivity cancellations by using your credit card periodically
What Inactivity Cancellations Do to Your Credit Score
Things to Consider Before You Close a Credit Card With a Balance
A close-up of three well-used credit cards
Is It Better to Close a Paid Credit Card or Leave It Open?

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