Since the credit card companies are having second thoughts, we're
seeing unused cards canceled and limits reduced.
Not exact matches
I am planning to
see the new movie version, just slightly out of curiosity and because I have a couple of
unused movie gift
cards.
Another one is charging less than $ 2 to your
unused credit
cards (
see article to
see if your bank has this «feature») and then your bank will credit it to you instead of sending you the statement.
Second,
see if you have any
unused lines of credit or credit
cards Having too much outstanding credit, even if not used, can decrease your credit score.
The woman who evaluated our Schwab credit
card request had no access to
see our Schwab balances and said that not only are they declining our credit
card request, but since they also handle Bank of America's
cards, they decided to reduce our credit limits on two BofA
cards to the current balances and close an
unused card that had a $ 39K credit limit.
Additionally, while you might consider closing an
unused or unwanted credit
card to be a smart financial decision, because of the way your utilization ratio is calculated, the FICO score doesn't always
see it that way.
See related: Will canceling a new,
unused card hurt your credit score?
... (
See Unused credit
cards)
Angrily closing an
unused card can hurt credit score — After applying for a new balance transfer
card, only to discover the credit limit too small, he closed the account in anger and now wonders if he acted too fast... (
See Closed
card)
Your deal may get sweeter and third - party websites offer another option... (
See Unused credit
card rewards)
See related: Canceling
card, reapplying won't earn multiple sign - up bonuses, Will closing a new,
unused card hurt my score?
It was a quiet week for comments on last week's post about closing
unused credit cards (see «Close That Unused Credit
unused credit
cards (
see «Close That
Unused Credit
Unused Credit Line!
See related: When disasters hit, charity scams follow,
Card issuers respond to Hurricane Harvey, Startups, apps, issuers simplify charitable giving, How to donate
unused reward miles, points