Hey, everyone. Thanks for joining me this week. My name is Laura Adams, and I'm a personal

finance and small business expert and author who's been hosting the Money Girl Podcast

since 2008. If you've been listening for any length of time, you know this show is

all about helping you get the knowledge and motivation to prioritize your finances,

build wealth for the future and have more security and less stress. Every show is created

to make sure that you come away with some practical advice, tips, hacks, a lot of things that

will just help you make better money decisions and ultimately take your financial life to

the next level. If you're not already subscribed to the show, be sure to do that. I would love

you to also participate by sending me any money questions or comments that you have.

You can do that in a few ways. One is to leave a voicemail message 24-7. All you have

to do is call 302-364-0308, or you can email me using my contact page at LaraDatoms.com,

or you can connect with me on Instagram at LaraDatoms. And we always publish a companion blog

post, what we call the show notes, for every episode. They're always published in the Money Girl

section at QuickAndDirtyTips.com. Today's episode is number 703, called What to Know Before You

Cancel a Credit Card. This show was inspired by a great question that I got recently from

Caitlin O. She says, I'm a big fan of the Money Girl podcast and have been listening for years.

A while ago, I racked up substantial credit card debt. So I opened a balance transfer credit card

and worked really hard to pay it all off within the 0% APR period, which worked out great.

However, now I'm stuck with a super basic credit card that doesn't offer any rewards.

While I don't want to waste time with this card, I'm also really nervous about closing it

and messing up my credit score. I'm thinking about closing it and requesting a credit limit

increase on another card I have that does pay rewards. What do you think about that strategy?

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