I tend to like the 2nd approach (I use but not obsessively) and will usually just conduct an annual audit.
So it’s important to be a good steward of your cards and accounts and either: If you’re not careful, you could end up with a bunch of annual fees for cards your not using or worse, an account could get compromised and you end up with a bunch of fraudulent charges. This might have left you feeling disorganized, uneasy, and worried about making a mistake.
If you’re like me, you’ve dabbled into the award travel game and found yourself with a wallet – or a desk drawer – full of credit cards many of which you aren’t using anymore.
