Credit cardholders look to their cards as convenient and ready sources of financing. Imagine the surprise (and inconvenience), then, to have a credit card closed without notice. If this has happens to ...

Some banks charge between $5 and $50 if you close a new account within 90 to 180 days. Policies vary: Some banks waive the fee, while others impose higher charges if you switch quickly. Always check ...

Dear Liz: You recently advised a couple who have excellent credit, no outstanding loans and a low credit utilization rate that they could close their credit card with a company that keeps reducing ...

Credit card issuers are not required by law to provide advance notice before closing accounts. Accounts may be closed due to lack of usage, non-compliance with terms and conditions or changes in card ...