Credit Card Balance transfered to 0.0% Interest Card
Hi Terry, my question is “Do I close or cancel the card that I transferred the balance from?”
Thanks
Terry Says
That’s an interesting question. I’d advise closing it because a no-balance card will always remain a temptation to spend! But if you’ve had the card for a long time, it has a positive impact on your credit score, demonstrating credit longevity! If that’s the case, then be sure to take if out of your wallet and hide it from yourself so you aren’t tempted to use it!