CardSaver.app - Prevent your idle credit cards from being closed
by•
When credit cards go idle and get cancelled it can make a huge impact on your credit score. We let you make small charges of as low as $1 to the card to prevent this.
Replies
Best
Maker
Greetings Product Hunt. At one point or another many people have had an old credit card they forgot about close due to inactivity and cause a dip in their credit score. I recently had this happen to me and it happened to be my oldest card and the one with the largest available balance which caused my credit score to take a huge dip.
This caused me to come up with the idea to create a script which would charge my cards $1 on an interval such as every 3 months, 6 months, or once a year to keep them active and then if I ever want to close a card it will be on my terms and prevent any further damage to my credit.
After building the product I decided to make it a free tool for anyone to use. The only thing you will be billed is the $1 (or any amount you specify) to be charged to your cards. No hidden or surprise fees. So I would like to welcome anyone who would like to keep their old inactive cards from being closed to join.
Replies