Can a bank close a credit card account due to inactivity?

Answer Banks can close a dormant credit card account, according to Customers have lost their inactive accounts at an increasing rate since the 2008 recession because of loss mitigation by... Read More »

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How do I close a credit card account?

Phone Your BankDial the customer service number on the back of your credit card. Request a customer representative and ask to have your account closed. The bank may offer a lower interest rate or o... Read More »

Can I close my credit card account?

You can close your credit card account, but there is more to it than simply paying off your balance, according to You must notify the issuer in writing that your account is to be clos... Read More »

Can I close my credit card account with a balance?

You can close a credit card account to new purchases when you still have a balance, but you still need to pay down the balance every month. Your account will not be truly closed until after you pay... Read More »

Should i open bank account with a credit card?

On One Hand: Dangers of Credit Card Cash AdvancesAccording to Bank Rate, taking out a cash advance on a credit card yields a fee of 2 to 4 percent of the advance to the consumer. Also, credit cards... Read More »