Best credit cards, and so much more
Your credit score could consequently be hurt. The cancellation of an inactive card can also affect your credit score, since long standing credit cards reflect positively on your credit report. Over half of the people that have credit cards in the United States carry debt on those cards. This translates to a large number of consumers who will be directly impacted by any changes banks make regarding credit cards. You can contact your credit card company if you are notified of credit limit or interest rate changes.