bribro wrote:Having more than one Visa Signature card is not pointless. It's not just the concierge that you get - there's also puchase security (protection "against theft and damage due to vandalism, fire and accidentally discharged water for the first 90 days from date eligible purchase, on all eligible items you buy") and extended warranties. If you're like me where you try to maximize your rewards, it's useful to have all your cards in the highest credit card tier possible.
For example, let's say your non-Signature Chase Visa Freedom card has Amazon.com as a 5% category. You want to take advantage of that and buy a $1,000 computer on Amazon, but you'd really like to have the purchase protection and extended warranty that your Visa Signature CSP offers. If your Freedom was a Visa Signature that decision becomes a no-brainer.
Exactly - You don't lose anything by asking for the PC. Gone are the days when Signature cards didn't report limits and mess with your Util % . There are no negatives. Only positives as bribro mentions.
Starting Score: TU 769 EX 750
djrez4 wrote:
bribro wrote:Having more than one Visa Signature card is not pointless. It's not just the concierge that you get - there's also puchase security (protection "against theft and damage due to vandalism, fire and accidentally discharged water for the first 90 days from date eligible purchase, on all eligible items you buy") and extended warranties. If you're like me where you try to maximize your rewards, it's useful to have all your cards in the highest credit card tier possible.
For example, let's say your non-Signature Chase Visa Freedom card has Amazon.com as a 5% category. You want to take advantage of that and buy a $1,000 computer on Amazon, but you'd really like to have the purchase protection and extended warranty that your Visa Signature CSP offers. If your Freedom was a Visa Signature that decision becomes a no-brainer.
Exactly - You don't lose anything by asking for the PC. Gone are the days when Signature cards didn't report limits and mess with your Util % . There are no negatives. Only positives as bribro mentions.
Except for BoA. I just recently got my very first Signature through them, and they're not reporting the limit. I hope they change that policy eventually.
Starting Scores for 2013: EQ 723, TU 735, EX Credit Sesame 751
Current Scores: EQ 733, TU 724 (05/01/2013), EX Credit Sesame 725 (05/08/2013)
Goal Score: 740+ FICO scores
Take the FICO Fitness Challenge Bronze Spade Garden Club Member - Last App: 03/04/2013 - No apps until Fall 2013
Cards: Cap1 Venture 6.4k, Cap1 NHCR MC 750, BankAmericard 1-2-3 Visa Signature - UCF Alumni Association 5k, Discover 4k, Citi Diamond Preferred MC 7.55k, Wells Fargo Rewards Visa 7k, Chase Freedom 5k, Chase Ink 7.5k, Amex Green NPSL, Dillard's Amex 7.5k, JC Penney 4.2k, Kay Jeweler's 5.1k
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