When to Switch Credit Cards

Here’s when to switch credit cards

If you’ve signed up for a card for a welcome bonus or no longer like what you have, cancel it before your annual fee posts again to avoid extra charges.

A card with premium perks can be great, but if you’re not taking advantage of them, you might be better off with a lower-cost option that suits your spending habits.

If your card offers minimal rewards compared to other options, upgrading or switching to a card with higher earning potential is often worth considering.

Not all points are the same, so if the rewards currency you’re collecting isn't a good fit, switch to a different card with more flexible rewards.

Whether it's better perks, higher cashback, or more flexibility, switching to a card that aligns with your financial goals can enhance your overall experience.

Some cards offer incredible welcome bonuses. If the value of the bonus outweighs the cost of switching, it might be worth considering.

Видео When to Switch Credit Cards канала Barry Choi