This news isn't about cryptocurrency! It's about credit cards. Sometimes, banks close your credit card account. This can happen for reasons like not using your card enough, having too many unpaid bills, or problems with fraud.
- Banks might close your credit card if you don't use it for a while.
- They might also close it if you don't pay your bills on time.
- Fraudulent activity on your card can lead to closure.
- Having a low credit score can also cause a card closure.
| Reason for Closure | What to Do |
|---|---|
| Inactivity | Use your card regularly. |
| Non-payment | Pay your bills on time. |
| Fraud | Report suspicious charges immediately. |
| Low Credit Score | Improve your credit score. |
