Reopening a Closed Credit Card: What You Need to Know

Reported 2 days ago

If you've closed a credit card and are considering reopening it, you may have a chance depending on the issuer's policies. Reopening can potentially help improve your credit score by maintaining a long-term account but is generally possible only within a specific time frame after closure. Most issuers have different rules regarding reopened accounts, so it's crucial to check with your issuer directly. If reopening isn't an option, reapplying for a similar card is an alternative, although you may not be eligible for the sign-up bonus again.

Source: YAHOO

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