Remember To Use Your Credit Cards Occasionally Or The Bank Will Close Them

Remember To Use Your Credit Cards Occasionally Or The Bank Will Close Them

We regularly get letters from people who are upset that their bank “unilaterally” closed a credit account they hadn’t used in years. They’re always quite surprised that the bank can do this, and usually want to get their accounts back. Unfortunately, that’s not how it works. You really do have to use your account occasionally to keep the bank from closing it. [More]