Will my Fingerhut credit card be closed due to inactivity?

Nothing is likely to happen if you don’t use your credit card for a few months. In fact, stopping with a $0 balance could actually help your credit score, despite the myth that keeping a small balance is better. Over a longer period, some rewards may expire and accounts could be closed, but you won’t be charged any fees for inactivity.

As a result, not using your credit card (at least not regularly) can...

You should use your credit card at least once every three months to keep it active. However, make sure you use it more often than that if you want your credit score to improve at a faster rate. Not all issuers have the same policies when it comes to credit card inactivity. Some might never close an inactive card, while others might do it after only a few months. However, there aren’t any major credit card companies that state they’ll close...

Nothing much happens if you don’t use your credit card for a month. You’ll just need to keep up to date with your monthly payment if you have an existing balance. However, your credit card issuer isn’t going to close your account for less than three months of inactivity. On top of that, you’ll still receive a monthly statement if you don’t make any purchases, but there won’t be anything new to pay off.

Interest will still accrue on...