Should you cancel an unused credit card?
Closing a credit card may not be a smart move. Here’s what to consider before canceling that unused card.
4 min read
May 13, 2022
EXPERTISE
- Credit cards
EDUCATION
- Bachelor's degree concentrated in Finance, James Madison University
"Growing up in the DC Metropolitan area, I was interested in the world of finance at a young age. As I’ve grown older and made more connections, it’s become apparent that the need-to-knows of personal finance aren’t taught widely enough. I want to help not only my peers, but everyone in need of financial aid by spreading the basics of saving, budgeting and understanding credit cards as a route to becoming knowledgeable on how to handle your money."
— Joey Robinson
Highlights
- Featured in CreditCards.com, NextAdvisor and MSN Money
- Expert in credit card basics, fees and rewards
- Holds previous experience working at a "Big Four", Ernst & Young
Experience
Upon graduating with a Bachelor’s degree concentrated in Finance, Joey worked at a “Big Four” (Ernst & Young) accounting firm before exploring the world of credit cards. After learning proper professional and financial practices through federal audits, he moved on to his second job, where he was introduced to Bankrate/CreditCards.com as a data analyst.
As time passed, his interests drifted away from data analysis and into the communication of credit card essentials. Over the past two years, he’s shared his expertise and has brought understanding to complex topics as a writer and editor for sites like Bankrate, CreditCards.com and NextAdvisor. He is a credit cards contributor for Bankrate and his advice on avoiding common credit card fees, top balance transfer tactics and more financial tips have been featured on MSN Money and other various news publications.
"Growing up in the DC Metropolitan area, I was interested in the world of finance at a young age. As I’ve grown older and made more connections, it’s become apparent that the need-to-knows of personal finance aren’t taught widely enough. I want to help not only my peers, but everyone in need of financial aid by spreading the basics of saving, budgeting and understanding credit cards as a route to becoming knowledgeable on how to handle your money."
— Joey Robinson
Joey's Latest Articles
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How long does it take to raise your credit score?
Depending on why it’s low, it can take months or even years to raise your credit score. Here’s what you need to know about how to rebuild your score.
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What is a charge card?
A charge card doesn’t have a preset limit, but requires an excellent credit score and must be paid in full each month.
4 min read Mar 31, 2022 -
How to read your credit card statement
Breaking down your monthly credit card statement to help you interpret it with ease.
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A guide to airline companion passes
Here’s the scoop on some of the best airline companion pass programs on the market.
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Charge cards vs. credit cards: What are the differences?
Savvy budgeting can put you in a position to pay off your charge card in full each period. But if you tend to carry a balance from month to month, a credit card is likely better for you.
5 min read Mar 16, 2020 -
Is Venmo safe?
Venmo has eased the hassle of splitting a dinner bill, buying event tickets as a group or any other reason you need to settle a money-sharing situation, but how secure is your information? Here’s what [...]
4 min read Mar 14, 2020 -
Are credit card fees tax deductible?
Personal credit card use is almost never eligible for a deduction come tax season, but if you’re using a business credit card you can likely deduct your fees.
2 min read Feb 28, 2020