papelet wrote:Btw the card should have a reward program, if you shop at banana then you can take advantage pot that
I have a Banana Republic Visa, too (also through shady means, but it introduced me to rewards programs through credit cards which led to my getting a better card). The rewards program isn't great, unless you spend a lot at Banana Republic, Gap, or Old Navy. You basically get 1% back to spend at their brands (in $10 increments) or 5% when you use the card at their brands. Even if you want to use your rewards at Banana Republic, you may well be better off using your Discover card and getting a $25, $50 or $100 gift card by redeeming $20, $40, or $80 in cash back, respectively.
I completely agree that you are better off keeping the account open and the card in the sock drawer (it's not costing you anything after all), but you would have to spend a lot at Banana Republic to justify using it.