Should I cancel my credit cards?


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?


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


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.


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.


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


I agree. Why carry debt with you?