the american express

  • When to Downgrade Your Credit Card Instead of Cancelling

    When to Downgrade Your Credit Card Instead of Cancelling

    When you have a credit card with an annual fee, you have a couple options to consider if you barely use it: cancel the card outright, or downgrade to a lower-tiered card. Since credit cards can be debt traps, you might think that cancelling the card is the best option, and that’s certainly a good…