 TITLE: Should I Close a Credit Card I Opened for Holiday Rewards? CONTENT: Does the Card Provide a Financial Benefit?\n------------------------------------------\nSay you opened this credit card account because you wanted to score an introductory bonus, such as enough airline miles to get a free round-trip flight. Bonus offers for miles, points or cash back usually require you to hit a spending threshold within a set time period.\nBut looking beyond any introductory bonus offers, would this card continue to provide value for you moving forward? For example, if it's a cash back card that offers high rewards tiers for spending categories you use often, like gas or grocery shopping, you could benefit year-round if you use the card strategically.\nOr maybe it's a travel card loaded with other perks that could come in handy beyond the holidays (and once the pandemic ends), such as free checked baggage, complimentary lounge access and priority boarding. If you can continue to make use of the card's rewards or benefits, and you trust yourself to spend responsibly, it could make sense to hang onto the card. END