I'm a 20 year old college student. Last summer, I opened a Target credit account. I work there, and it enabled me to use my store discount. However, I rarely use it seeing as I only have a $200 limit. I have the card paid off, and am considering closing the account. I see no perks to keeping it around. I don't believe it will be a big hit to me, seeing as it is a small limit and has been open less than a year. I have other accounts that have been opened longer and with larger limits. I have nearly $9000 available to me. What do you think?
If I do close it, what is the procedure for doing so? I have never had to close an account like this before.