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Canceling a credit card can impact your credit score in these four ways.
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Product Rate Change Last week
Balance Transfer Cards 15.77%  0.06 15.71%
Cash Back Cards 16.48%  0.07 16.41%
Low Interest Cards 10.96%  0.10 10.86%
 
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The bank is out with a new cash back credit card that rewards consumers for paying down their balances.
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