In August I opened a secured credit card with 5/3. I put down $300, which is my current credit limit on that account. I've also opened a Discover account and a Barclays account with $500 and $700 limits each. I have used the Discover and Barclays cards to finance a new cellphone. Should I close my secured card once I get one of my other cards paid off? I'm thinking about keeping it with a zero balance so that my utilization is lower, and for emergencies. I plan to cancel it before I get hit with my next annual fee.
How do you guys feel about this?
Submitted December 29, 2018 at 07:45AM by 13787 http://bit.ly/2SpqcUQ
