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  • Cathleen McCarthy: If you close a card, you often lose your points immediately
  • February 01, 2012
  • Closing a credit card? In most cases, you should you use up all your points or miles before you close the card. Otherwise, your hard-earned rewards will vanish before you can enjoy them

  • View more at: http://www.creditcards.com/credit-card-news/cathleen-mccarthy-cancel-rewards-cards-lose-points-1433.php?aid=2741cce8&rss_lnk=25