Keep it or cut it

[Anonymous]

I have a Barnes and Noble Mastercard that is underwritten by Barclay's. Honestly, I don't want the card anymore. You need 2500 points to get $25 B&N gift cards but each dollar you spend is only worth one point. There's no special catergory that will get you extra points. So I basically have to spend $2,500 to get a $25 gift card. This isn't worth it to me. Also, the interest rate is higher than my other cards and it has the lowest limit ($1,000). It's not oldest card but it isn't my youngest either. I have four cards that are younger and three others that are older. In fact, I only received the card in the spring of this year. The one plus is that there is no annual fee, so it wouldn't cost me anything to keep it.

[Anonymous]

Really no reason to take any action on it.  As you have no annual fee it could help with utilization if you ever carry a balance. I would certainly never use the card though. 

[HeavenOhio]

Given that it's only a few months old and you have other cards that are older, it's not going to hurt your AAoA to dump it.

[thomasjm99]

Personally, if the card didn't cost me anything I'd just stick in the sock drawer and leave it be. But since it's not going to effect your AAoA too bad, I think whatever you decide to do is probably fine. Just giving my opinion on how I'd treat it. 

[Anonymous]

Thanks for the input. I think I'll keep it and maybe just use for a very small purchase every once in a while so that the account is not closed.