Why does my minimum payment keep rising?

There’s no maximum on how long you should keep a card. Closing a card can affect your credit score, so make sure you have good reasons to close a card before getting rid of it.

Will the issuer close my card if I don’t use it?

Your issuer can close your card if you don’t use it for a long time. Each issuer has their own policy, so check if they have a stated policy about when they will close a card.

What happens if I overpay my credit card?

If you accidentally paid more than you owe, there are no penalties. You’ll have options for what to do with that overpayment, including a credit or a refund.

Can I change my credit card payment due date?

Generally, yes. The process depends on the issuer. You can sometimes do it online, or you may have to call the customer service number.

Managing Credit Card Debt

Managing your credit card debt is key to maintaining healthy finances and a strong credit score.

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A balance transfer is a type of credit card transaction in which debt is moved from one account to another. For those paying down high-interest debt, such a move can save serious money on interest charges if done strategically. But what's the catch?