Techbuddy

Are you Cancelling your credit card...? Would it be a good option to cancel credit card after paying it off ? CNN an American news-based pay television channel  underscored reviews financial products such as credit cards and bank accounts based on their overall value. With the Covid-19 pandemic still wreaking havoc on the nation’s Financial economy, many people are making the wise decision to reduce their household expenses. Credit card annual fees are an obvious place to look at for cuts, especially if you have one or more expensive premium cards with travel perks that you can’t currently utilize. But hold on! Closing your credit card to avoid an annual fee is a little like deciding to reduce your manicure costs by cutting off your fingers. There are many less drastic measures you can take in order to reduce how much you’re paying for your cards. “Keeping a credit card open, even if you don’t use it, helps build credit,” explained Jill Gonzalez, an analyst at the personal fi