Yes, it is important to consider canceling a credit card with negative reward points, but there are considerations to keep in mind. Factors such as the policies of the card issuer, potential impact on credit scores, and any associated fees need to be understood before taking action. Resolving the negative balance before cancellation and seeking guidance from customer service can facilitate a smoother process. It’s vital to be aware of the implications of closing the account, including the potential loss of negative points and effects on future credit card applications. Understanding these aspects is essential for making informed decisions.