How many cards?2 of 8Survey results0 cards: 5%1 card: 23%2 cards: 37%3 cards: 19%4 cards: 9%5 cards: 8%With rumors that credit card issuers may begin to charge an annual fee for cards that are "dormant" or infrequently used, it may be important to rotate several cards on a monthly basis in order to avoid fees.<< Back to the 2010 Credit Card Guide table of contents. Related Articles:What is the best credit card?Find the best credit cardShould you transfer a balance?Plastic Rap blogRelated Links:8 benefits of new credit card lawHow to compare rewards cardsHow can I improve my credit score?Should you get a secured card?advertisement
With rumors that credit card issuers may begin to charge an annual fee for cards that are "dormant" or infrequently used, it may be important to rotate several cards on a monthly basis in order to avoid fees.
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The Federal Trade Commission is warning consumers about a new scam called card-cracking, which involves turning over your bank account information, PIN number or online banking credentials to crooks.
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