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caitnlucas

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Should I close this new credit card account or keep it?
About 2 months ago I opened a new credit card as the holidays were approaching and it ended up being approved but for a very small dollar amount. Additionally, I don't see myself ever using this card again. Maybe once a year. My question is, should I keep this card open to help my credit to debt ratio or close it since it is such a low amount and I won't be using it?

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Keep it.  Just lock it in a safe place.  Every bit of credit you are approved for helps.  Please re-read the articles here to improve your understanding.

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