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 ...

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 ...

A pending transaction is a charge that shows up on your credit card statement but hasn’t been reduced from your balance yet. Merchants may also place a pending transaction — or hold — on your account ...

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 ...

It’s typically better for your credit score to keep an unused credit card open, especially if it’s your oldest line of credit. However, you might be better off canceling the credit card instead if you ...

Recurring charges to your credit card can add up quickly, even if they’re small amounts. Sometimes known as gray charges, these show up on your statement monthly, biannually or annually, often as a ...