Fool iconFoolAug 9, 2026

Should You Close Your Balance Transfer Card After Paying Off Your Debt?

Closing a balance transfer card after payoff can lower your credit score by raising utilization and cutting account age.

Should You Close Your Balance Transfer Card After Paying Off Your Debt?

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Closing a balance transfer card after payoff can lower your credit score by raising utilization and cutting account age.

Closing a balance transfer card after payoff can lower your credit score by raising utilization and cutting account age. Here's when canceling makes sense.

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Closing a balance transfer card after payoff can lower your credit score by raising utilization and cutting account age.

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