About Author

Casey is a seasoned writer in personal finance. He has written a number of articles that have been published in magazines and blogs around the country. His advice has helped millions make better choices about how they save their money.

Few Credit Card offers from our Partners

Total VISA Credit Card
Total VISA® Credit Card

Checking Account Required; Fast and easy application process; response ...

More Info
First Progress Platinum Select Mastercard Secured Credit Card
First Progress Platinum Select Mastercard® Secured Credit Card

Fund your new Mastercard® secured credit card with your tax refund ...

More Info

  • Kevin

    Use them or lose them. Not using your credit cards may actually hurt your score over time. I had been an original cardholder of the Universal card offered by AT&T. I began using other rewards cards, and kept the account open for emergency needs. The bank closed the account for inactivity. I had two other cards with very high limits (the banks just kept raising my limit over time without my asking). I used the cards, but nowhere near the limit. When the financial crisis hit both banks dropped my limit by 80%. My behavior did not change, but my credit utilization percentages climbed – because my limits were reduced, and one card account was closed.