Should I close CreidtOne?

[GettingBackThere]

Hi, so in the rebuilding process and finally started getting approvals and went on a mini spree.

Few months in. No issues. PIF. Etc.

1. Blue Sky Secured. Closed/NeverAdded Funds.  Decided to let it fade out and not give them a deposit and annual fee after getting approved elsewhere.
2. $300 Mission Lane.

3. $300 Capital One
4. $800 PayPal Credit after making a $513 purchase.. I was offered a promo to apply and no interest for 6 months.

**** 5. Credit One / CreditOne, #CreditOne
$300/ $75 Annual Fee

 First it seemed like it was worth the $75 annual fee which is my entire balance right now.  but the more I dug into reviews on different places, it seems it's more trouble than it's worth and I've hesitated on paying it. Logically, if I want to spend $75, I could put it towards my other balances.. or I'd have better luck on Powerball tickets judging by the reviews.

I have 2 weeks to close and not have to pay the $75 according to the documents/agreement in my online account. Card was never used.  Considering what I've already been approved for... and the complaints online... is it worth keeping? Is this the right decision?

[Vinjints]

You don't need to pay an annual fee to build your credit. Especially not when you have other cards that will do that for you. Sounds like you're in good shape to shut it down. Close it, keep your other cards paid down and see what you might be approved for in 6-12 months.

[FicoMike0]

Welcome to the forum.

Ditto @Vinjints .

You have 3 open accounts without credit one. 3 seems to be enough to build positive history, No point paying for a card you don't want anyway.

As your scores improve, you'll get better rewards offers for cards that will pay you a sub to take.

[Mervin]

You should be able to build enough credit with your other cards, so I’d close the account rather than pay another fee. The next card you get should have no annual fee.

[Zoostation1]

Agree with @Vinjints @FicoMike0, it's time to close that Credit One card.