 TITLE: Do Credit Card Rewards Expire? CONTENT: What Happens if You Close Your Card?\n------------------------------------\nClosing your credit card can, but does not necessarily, mean losing all of your points. If points are lost, the questions then become: What will happen, exactly? And when?\n*   **Immediate expiration**: Closing certain credit cards means losing your rewards at the same time. For example, if you close your Capital One Venture Rewards Credit Card, or Capital One Quicksilver Cash Rewards Credit Card, any rewards remaining in your account disappear right upon cancellation.\n*   **Expiration after a certain period of time**: Some issuers give cardholders a window of time after voluntarily closing an account during which they can use their rewards. For example, if you cancel a Chase Freedom Unlimited® card, you should have 30 days to redeem your Ultimate Rewards points for cash back or other rewards.\nOr:\n*   **Your rewards might be automatically credited to your account**: If deadlines aren't your thing, some cards will automatically credited rewards to your account when the account closed or if it hasn't been used it in a while. Even if it slips your mind or you start using other rewards cards more, you don't have to worry about losing your cash back rewards. Different cards will have specific scenarios where this can happen, so be sure to read the fine print to understand how and when rewards would be automatically redeemed.\nThe timing and sequence of events when you cancel a card will depend on the loyalty program with which it earns points, the issuer's rules, and even the terms particular to individual cards. If you read your benefits guide and still don't know what will happen when you cancel your card, your best bet is simply to call your issuer's customer service line directly and ask. END