From annual fees to high interest rates, there are many reasons you may want to cancel a credit card. Maybe you hold a store credit card for a store where you no longer shop. Or perhaps the rewards on ...

Add Yahoo as a preferred source to see more of our stories on Google. A pending transaction is a charge that shows up on your credit card statement but hasn’t been reduced from your balance yet.

If a credit card isn’t useful to you anymore, negotiating a waived fee could make a lot of sense. If all else fails, cancellation a less-useful credit card just makes sense, even if it entails a hit ...

Before closing a credit card account, consider keeping it open if it has no annual fees or high interest rates to maintain a good credit utilization ratio. Settle any outstanding balances and cancel ...