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Anonymous

12 Apr 2022

Credit Cards

When should I cancel credit card to avoid annual fee?

Is there a best time to cancel credit card if I no longer use it and I'm trying to avoid having to pay the annual fee?

Discussion (3)

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Just cancel before the annual fees if you are rarely using it.

If u do not need the credit card, it is better to cancel immediately. Low usage may make the fee waiver impossible. Besides, also security issue in case of someone "used" your card.

Most people do not pay annual fee, you can request for annual fee waiver and in most cases it is aut...

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