souixan on 03 December 2007
Check the terms, as stated. See if there are membership fees and a minimum requirement on how long you must keep the card.
Check INTEREST rate on the card. A lot of cards will also allow you to transfer prior purchases with no or lowered interest do they offer this and do you have any other credit cards?
Keep it, pay off the 360 and make a small balance maybe 10-50$ don't pay of that 10-50$ on the first month, let it go to the second month THEN pay it off with minimal interest, this will actually raise your credit score, paying right away won't really affect it as much.
If you open it and close it in the minimum time, you're credit score will lower and banks might charge you higher interest for loans or future credit cards, BE CAREFUL
