Close Merrick Bank Card?

[NYFan63]

I opened this card in Oct 2010, have a $2,200 CL, $0 balance, have not used is months...

My AAoA is 6 yrs, oldest account is 13 yrs. 

Should I close the account?

[cflowers0115]

Are they charging you a fee? If so, I would close it, the juice just isn't worth the squeeze. If not, I'd just sock drawer it. 

[NYFan63]

Thanks - no fee - just not using - I will take your advice and just hold it...their interest rate is too high - I have called them in the past and they wont budge - I have not carried in my wallet for over a year now...

[black_citi]

It'll probably close itself out for inactivity. I used to have merrick. They were okay for rebuilding but I went ahead got rid of them after I got my better cards.

[wacdenney]

I eventually closed mine, but if you have no fee the TU FICO score alone may be worth holding onto it for.

[john398]

---

@wacdenney wrote:

I eventually closed mine, but if you have no fee the TU FICO score alone may be worth holding onto it for.

---

I use it for that an occassionally purchase something and has no fee so its win win

[dollar_bill]

I had the Hooters MC for a while, then it switched to a regular no frills Merrick card. Closed it later, no use for it. Once you get to where you have a nice card collection going, I think it's a good practice to prune out the dead branches.

[SunriseEarth]

Mine is in the SD.  It will will the 1 year old mark in a few days.   I intend on keeping mine for another year and closing, mainly so I can make sure it's no longer a "new" account.