Should I cancel my credit cards?


#1

If I am going back to India, should I cancel my credit cards? I have a few but only one or two active that I use. Can I use them while in India? I would like to. But are there any problems if I keep them with me?


#2

Yes, I think you should cancel any card that you are not going to use. Keeping them open will ruin your credit.


#3

Keep just 1 or 2 (preferably your oldest ones) just in case you need to perform any online transactions. I had one unused for almost 3 years in the past.


#4

True that. Keep one just in case. Just make sure you get the bills online after move. Or check it online so yo don’t miss any payments.


#5

Yes, Its good to cancel the credit cards and other cards as required.


#6

I agree. Why carry debt with you?