…if you cancel a card, your credit score takes a hit. So….don’t like the card’s policies? Don’t use that card, just retire it to the back of your wallet, or even shred it, but don’t cancel it. [More]
For what it’s worth, I had a card I never used and after a few years the credit card company canceled it.
The thought strikes that if this concern is enough to not even take a small action, what chance is there for larger actions when there’s a larger price to pay?
