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Closing the card would only hurt utilization, but to offset that you could ask Synchrony for CLIs on the Amazon and Walmart cards. I had scores very similar to yours and Amazon gave me a CLI to $3500. Worth a shot. Why the Green card and not the PRG?
I don't have experience with that, and I hate US Bank with a passion that is only rivaled by Wells Fargo.
The common wisdom here is that all the AMEX charge cards have the same underwriting, whether it be Green, PRG or Plat if you can get one you can get any of them. If you just want to start a relationship with AMEX you could get a Hilton or Delta card, both of which have seen many approvals with scores lower than yours. I think my EX was 650 when I got my Hilton in April.
FICO scoring likes to see at least 3 credit cards, but it actually gives you the most points for having 5 cards that are 24+ months old each.
So having 3 cards of any age is helpful, but having 5 cards of 24 months is REALLY helpful.
I wouldn't close it. Give it usage every 6 months to keep it active and sock drawer otherwise. You're already 7 months in towards the 24 month aging on that card. Over time, as your scores go up, you can replace it with another card and then just close it when the replacement card hits 24 months of aging.
I'm going to disagree, while it is true that cards that are over 24 months help your score I wouldn't pay an AF for a secured card just for those few points. That is costing you real money both in the annual fee and in the funds tied up in the secured card. Had the OP chosen a card that graduates, doesn't have an AF or has some use other than just being a tradeline on their report I would consider keeping it open, but this does none of those things.
@EAJuggalo wrote:I'm going to disagree, while it is true that cards that are over 24 months help your score I wouldn't pay an AF for a secured card just for those few points. That is costing you real money both in the annual fee and in the funds tied up in the secured card. Had the OP chosen a card that graduates, doesn't have an AF or has some use other than just being a tradeline on their report I would consider keeping it open, but this does none of those things.
Depends whether the money is above or below the OP's trivial line.
If it's trivial, I'd keep, if it's not I'd close. Long term it really doesn't matter admittedly, but I'd probably split the difference, pay the AF this year, open up a few likely keeper cards after the current set is all 1 year plus, and then close before year 2.