# Redeem Your Cash Back Before Closing a Card – The Issuer Can Keep It

- Source: Money Crashers
- Published: 2026-10-20T12:00:00+00:00
- Category: Markets
- Original: https://www.moneycrashers.com/redeem-cash-back-before-closing/
- Canonical: https://groundlevelnews.com/story/redeem-your-cash-back-before-closing-a-card-the-issuer-can-keep-it-518e94/

A growing rewards balance can feel like savings, but the issuer’s terms decide what happens to it. The Consumer Financial Protection Bureau reported in 2023 that cardholders lose hundreds of millions of dollars’ worth of rewards every year. Capital One... Source

_Ground Level News shows a short summary only; the full article and all rights belong to Money Crashers._