I'd keep it for now. I assume that like most of the rest of us, you have some baddies in your credit past. If so, one advantage of opening new accounts, however dopey they might be, is that every month with the new accounts you have another month of clean history going into your files.
This helps "dilute" the impact of the baddies.
Again, if it has a fee, that's a different story. If the fee makes the card more than it's worth to you, I'd make sure that the account was PIF'd in month 10 and not used again, then print out the month 11 statement showing $0 balance and no activity, and then ask to have the fee waived. If they so no, you can close it. Be sure to file the statements showing $0, and ask them to send you a letter that the account was closed at your request, paid in full, in good standing. Just in case.
* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007
