<prompt> Human: I am considering closing a secured credit card that I own. It was my first credit card and the account only has 2 years on it and a 400 limit. It was the only card i could qualify for with no credit. Since then I obtained 2 unsecured credit cards, 750 and 1200 credit limits. Im carrying a 500 balance from tuition payments on the 1200 card, and about 300 on the 750 card. I recently lost my job, so Im thinking of closing the secured card to get my 400 deposit back and apply it to my other cards pay off the 750 card ccompletely. The annual fee and interest rate on the secured card are pretty terrible, but i dont want to close as account i need to continue building my credit. Should I leave the secured card open or cancel the card?  <response>: Close it and pay off that 300 cc debt. Get a job and dont carry a balance on your cc from month to month. You are giving away tons of money in interest by doing so. 