FYI usually banks keep accounts “shadow open” for upwards of 6mo in case a charge comes through. So you still may get over drafted. These sort of schemes will

FYI usually banks keep accounts “shadow open” for upwards of 6mo in case a charge comes through. So you still may get over drafted. These sort of schemes will probably make chargebacks harder to use than just closing the account that would do the billing. If the card is leaked/frauded than you’re already legally protected. If you just want to avoid the act of cancelling an account you opened… then you’re playing into the arms race that is making these things harder. > but first party misuse, which can account for up to 75 percent of all chargebacks, is when a cardholder disputes a legitimate purchase that they intended with their issuer. This includes customers refuting valid purchases such as long-forgotten recurring subscriptions If you agree to a purchase, and sign up for something re-occurring, you’re committing to it. You have to tell the business to stop charging you, you can’t just stop paying.