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Do I have too many cards???

Frequent Contributor

Re: Do I have too many cards???

+1

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Established Contributor

Re: Do I have too many cards???


jsickz32 wrote:
I have more and i dont think i have too many. Im planning on apping on at least 6 more...

21 cards aren't enough? lol

 

I don't see why people would get so many, I dunno personally I would want to build up my rewards or cash back in large sums quickly, even if you spent $10,000 a month on credit cards the points miles or cash back would build up sooooo slow..........


total credit limits $108,400 Credit scores Ex 728 EQ 738 TU 758
Established Contributor

Re: Do I have too many cards???


distantarray wrote:

jsickz32 wrote:
I have more and i dont think i have too many. Im planning on apping on at least 6 more...

21 cards aren't enough? lol

 

I don't see why people would get so many, I dunno personally I would want to build up my rewards or cash back in large sums quickly, even if you spent $10,000 a month on credit cards the points miles or cash back would build up sooooo slow..........


+1 

 

Having points/rewards spread across soo many CCs is akin to the finance guy at the car dearship "playing the spread" with CRs.  

Frequent Contributor

Re: Do I have too many cards???


ccnewcc wrote:

If you're managing, you're managing.

 

 

I personally think 2-3 is enough.

 

 

I would axe your store cards for sure (including your gas cards), your cap 1s and the orchard.  But thats just me


You might want to keep one gas card. I read on CreditKarma your auto insurance score is better if you have at least one gas card.

 


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Current Score: EQ 780 EX 814 TU 783
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