Thinking of Cancelling Your Credit Card? Here’s the invisible catch you should know

When Ramesh, a 48-year-old IT professional from Pune, finally cleared the last rupee on his third credit card, he felt liberated. “Why keep it open if I don’t need it?” he thought, confidently snipping it in half. But what Ramesh didn’t realize was that this small act of financial decluttering could quietly chip away at […]