Originally Posted by
albsquirrel
Unfortunately it does hurt your credit history, because it lowers your average credit account length in terms of the time an account has been open. I would recommend maybe keeping it one year and closing it at that point, or try and re-negotiate later to see if you are able to get anything more out of them.
I'm pretty sure that once the account is opened, it doesn't matter if you close it or keep it open. It will still bring down your average age of accounts either way. So you might as well close it. The only benefit to keeping it open is that it can help your credit utilization by adding to your total available credit.