To savwe $1200 a year I would. The point loss on your FICO due to the inquiry and the new account should be temporary. To me it makes good financial sense to do so.
Equifax My FICO score 815 5/28/2012. Average of Accounts 12 years and no Installment accounts. MyFICO TU 810 6/26/2012 809 4/21/2013 MyFICO XPN -805
