I need yall opinion. I was approved for this Citi CashReturns card with $1,600 CL and 20.99 APR. Should I close this card or keep it?
The card is being mailed home and I hate the APR so badly that makes me dont want to use the card but keep it for more available credit and credit line increase later..What do you think?
Yeah I feel the same, I should keep it for more available credit and for future credit increases. I sure dont and won't ever carry any balances. This is the highest APR cards in my wallet beside my Walmart Store card with $400 CL.
It looks like regardless if you have very good or excellent credit, the APR would still be over 16-20% nowadays. I have excellent credit on my Equifax CR (just mostly inquiries) and I felt so disappointed for having this 20.99% APR..