Use Cards Occasionally Even if You Do Not Need To

Using Credit Cards Wisely

Keeping a credit card account open, even if you don't use it, can help your credit score more than closing the account. But you will need to use the card occasionally in order to keep the account open. To make it easy, consider setting up a regular expense on a card you want to keep for emergencies but don't otherwise want to use, such as for a monthly subscription, to pay a recurring expense, or for regular online charges. Then simply pay the balance in full each month. That way you won't pay interest on the charges, you'll keep the account open for emergencies, and your credit rating will stay high since you will continue to receive positive entries for on-time payments.


Only deposit products are FDIC insured.

The information provided is not intended to be legal, tax, or financial advice or recommendations for any specific individual, business, or circumstance. TowneBank cannot guarantee that it is accurate, up to date, or appropriate for your situation. Financial calculators are provided for illustrative purposes only. You are encouraged to consult with a qualified attorney or financial advisor to understand how the law applies to your particular circumstances or for financial information specific to your personal or business situation.

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