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If you close a credit card but forget to change the payment method for a recurring subscription (say an annual one), will the charge still go through? After closing an account, do we need to be worried about it being reopened and then missing a payment?
If the account is closed, there is no way for charge to be processed if made after the closing.
If charge is pending when you close the account, it will post and you will need to pay it.
Might not be quite so clear cut in some cases