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Should I cancel a credit card that I don’t use and has an annual fees but has a big credit limit?
Should I cancel a credit card that I don't use and has an annual fees but has a big credit limit? I have an American Express Delta Airlines Skymiles Gold credit card that was initially free for the first year but now comes with a $100 annual fee. I don't use it frequently enough to justify the cost, but it has a substantial credit limit of $20,000, which accounts for 50% of my total credit limit. I'm contemplating whether to cancel this card...
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