Use your card sparingly to keep your account open. An active credit card can help you balance your credit utilization ratio, maintain a broad credit mix and extend the age of your accounts — all ...

Check out our list of the best balance transfer credit cards to find the right fit for you. Closing an unused credit card isn't always a slam dunk for your finances -- but neither is keeping one open.

Dear Liz: I have too many credit cards that I opened to get frequent flier points. I understand that closing a credit card ...

Learning how to use a credit card so that it works for you—rather than letting it take control of your life—is sim. ... and one way to do this is by keeping your oldest credit card account open.

When you have an open credit card account, issuers obviously want you to use the credit they have made available to you. Not using your credit card for an extended length of time can cause your ...

If you aren’t in that elite club, don’t despair. Plenty of Americans have really good credit. More than 20% of consumers have credit scores of 800 or better out of a possible 850, Experian reports.

If you have a lot of cards, closing a few is unlikely to significantly hurt your credit scores as long as you do so ...

Maybe you’re new to credit and not sure how long you should hold onto a credit card after opening a new one. You might also be wondering whether it’s time to give up a card that you’ve outgrown.

There’s no limit to how long you can keep your credit card open. Closing a credit card can decrease the average age of your credit history and increase your credit utilization ratio — both of ...