Kathiee wrote::confused: 0Vattene,
thank you for your response. I am a widow trying to learn the ropes, I'm refinancing my house and part of the agreement is the bank paying off and closing my current credit cards. The Citi double cash card will be my 1st new card that I'll be using for everyday purchases but won't be putting any large purchases on it since I'll be getting cash for some home repairs with the refinance. I think you are right, I should keep it and take advantage of the cash back for awhile and see how it works out for me. My cards that will be paid off have been opened for 6 years or longer and I did like the length of the time I've been a customer and really wish I could have kept one open for that reason but I guess we can't have everything our way..
For people new to using credit cards and/or building their own credit, it is a good practice to essentially treat your credit card like a debit card: pay off the statement balance in full every month and don't buy anything you can't afford to pay for right now. People do use 0% purchase intro APRs wisely, either to finance a large purchase to in effect pay nothing for a short-term loan or even just to take advantage of no interest while holding onto the funds until it is time to pay. That's more advanced, however, and you need to really know what you're doing. In theory it is a good offer that can be used effectively; in practice you can quickly dig yourself in a hole and get into trouble. A good rule of thumb is to not use a credit card to buy anything you wouldn't be able to pay for immediately.