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Fortune
Fortune
Joseph Hostetler

How to cancel your credit card

Photo of a woman holding up a credit card in front of her face and beginning to cut through the credit card with a pair of scissors. (Credit: Photo illustration by Fortune; Original photo by Getty Images)

Your lifestyle and financial goals are bound to change dramatically over the years—and how you spend and use your credit cards will, too. You may prioritize cash back now but prefer free airfare and valuable travel credits down the road. The credit cards you swipe today may be completely different from your daily drivers even a few years from now.

You’ll almost certainly cancel a credit card or two as your credit card lineup evolves. Let’s look at how to cancel a credit card (and why you shouldn’t be so quick to do it).

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