Cancelling a credit card

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Bryce Befort

• August 08, 2023 13:59

We no longer use one of our credit cards and I got an email saying if it continues to stay inactive, the account will close. Could this hurt our credit score if it does close on its own?

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• Official comment

  

  Victor D

  • August 09, 2023 16:28

  Hi Bryce - 

   

  Thanks for reaching out to NerdWallet. We're happy to offer some information about canceling a credit card!
  
  While we aren't able to provide personalized financial advice, you should find these resources helpful:

  • Does Closing a Credit Card Hurt Your Credit Score?
  • When Is It a Good Idea to Cancel a Credit Card? - NerdWallet

   

  Best Regards,

  Victor

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