Frequent Contributor
Posts: 395
Registered: ‎04-02-2012

Re: Experience with $5,000+ CL cards

jamesdwi wrote:

LS2982 wrote:
Wait 6 months and go for it, the 5k+ TL's will have some age then.



they just want to make sure you don't go crazy its a lot harder to pay off/down a $5k  than a $2k card. 



Understood.  My wife is like "ok big shot, don't go charging those up and putting yourself back in the position you just got out of".  Getting these prime cards with great limits is more of a status & self-esteem thing for me.  That's why I'm sticking to everyday expenses.  Any big purchases, I'll do what I've been doing: planning the quick payoff if I need a few months to do it.

My Wallet:
Discover It $14,300 | Chase Sapphire Preferred $7,500 | Chase Freedom $5,000 | Citi Simplicity $5,000 | AMEX BCE $3,000 | Paypal Extras Platinum $5,000 | Wells Fargo $1,000 | AMEX Zync NPSL

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