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How Many Credit Cards Do YOU have?

Valued Contributor

Re: Please Reply: How Many Credit Cards Do YOU Own?

16

Message 81 of 653
Senior Contributor

Re: Please Reply: How Many Credit Cards Do YOU Own?

 


usmc58555 wrote:

Aim720 wrote:

How much credit card or credit is considered too much?


Some internal scoring formula that involves your income and the possibility you could actually repay the money before your death.

 

 

___________________________________________________________________________________-


I do not actually own any credit cards, it says on the back of each one: Property of XXXX to be surrendered upon request."


 

Know of any specific bank that uses that type of scoring formula?

 

If they are using age as a predictor for mortality and then factoring that into their credit approval process they will have extremely serious problems with the Equal Credit Opportunity Act.

IAALBNYL
Message 82 of 653
Frequent Contributor

Re: Please Reply: How Many Credit Cards Do YOU Own?

 

I'm forgetting a few, but here's the majority of mine:
U.S. Bank FlexPerks SelectRewards Visa Card.
U.S. Bank Premier Line of Credit Platinum Access Visa Card.
U.S. Bank Corporate Visa Card.
Citi AAdvantage World Elite MasterCard.
Citi Forward Visa Card.
Citi Diamond Preferred World Elite MasterCard.
Citi Premier Pass American Express Card.
Citi Shell Platinum MasterCard.
Navy Federal Platinum Visa Card.
Navy Federal nRewards Visa Card.
Ameriprise World Elite MasterCard.
Chase Cash Rewards Visa Card.
Bank of America BankAmericard Visa Card.
Nationwide Personal Visa Card.
Nationwide Business Visa Card.
ChevronTexaco Visa Card.
Best Buy RewardZone MasterCard.
Capital One Venture Visa Card.

HSBC Platinum MasterCard with Cash or Fly Rewards.

 

Despite my employment in the banking industry, any and all views contained in this post are purely my own, and do not represent any financial institution, nor constitute as financial or investment guidance or advise.
Message 83 of 653
Moderator Emeritus

Re: Please Reply: How Many Credit Cards Do YOU Own?

Cap1 Visa - 1400 CL

Cap1 No Hassle Cash Rewards MC - 500 CL

First Premier MC - 500 CL, 600 CL (both of these need to GO this year!)

Orchard Bank MC - 300 CL

Kay's Store Card - 5100 CL

 

I PIF every month on all of these and am careful to report a $0 balance on each. Also, three old, closed out accounts with balances (although one is still reporting as open!) that will be paid off by the end of spring. Things are steadily progressing in the right direction, and I hope to move out of subprime land before too much longer.


Current Scores: EQ 775 (03/04/2014), EX 756 (03/01/2014), TU 760 (03/01/2014)
Ruby Spade Garden Club Member - Last App: 03/04/2013 - No apps until 2014
Cards: Cap1 Venture 6.4k, Cap1 Quicksilver MC 1.75k, BankAmericard 1-2-3 Visa Signature - UCF Alumni Association 5k, Discover 7k, Citi Diamond Preferred MC 10.35k, Wells Fargo Rewards Visa 7k, Chase Freedom 5k, Chase Ink 7.5k, Amex Green NPSL, Dillard's Amex 7.5k, JC Penney 7.5k, Kay Jeweler's 5.1k
Message 84 of 653
Frequent Contributor

Re: Please Reply: How Many Credit Cards Do YOU Own?

Amex Gold-Amex Delta Skymiles Platinum-Amex Hilton Honors Surpass-NFCU Signature Flagship Visa-NFCU nRewards MC-CHASE Presidential Plus MC-WFNB Platinum Visa-Addison Avenue Platinum Visa-Sears-JCPenney.........KICKED TO THE CURB:HSBC Platinum Rewards-Premier MC.                                                                                                                                                        

Amex Platinum Charge(NPSL); Starwood Amex Preferred CC(20K CL); Diners Club ELITE MC(20K);Diners Club Premier MC(20K,could've sworn the rep said 25k, oh well lol);Delta Amex Reserve CC(21K CL); Amex PRG Charge(NPSL); United Presidential Plus Chase World Elite MC (15K CL); AARP Chase Visa Signature(35K CL); NFCU Visa Platinum(20K CL) NFCU LOC(15K); NFCU Go Rewards MC(17.5K); Disover IT 7.8K;
First Tech Federal Visa Platinum(15K CL); Simmons First Visa Platinum(9K CL); Wells Fargo Visa Platinum(7.5K CL); CitiBank Sears MC(6K CL); JCPenney Card(7.5K CL); Lowes(2.5K CL);Barclays Mile & More Lufthansa 12.5K.
Message 85 of 653
Valued Contributor

Re: Please Reply: How Many Credit Cards Do YOU Own?


O6 wrote:

 

 

Know of any specific bank that uses that type of scoring formula?

 

If they are using age as a predictor for mortality and then factoring that into their credit approval process they will have extremely serious problems with the Equal Credit Opportunity Act.


Are you kidding?

Signature line begins:
Credit is not a right, but a business transaction, one that takes into account risk, and charges accordingly based on that risk.
Your credit score is an aspect of your credit profile. Important? yes but just an aspect. Contributing/supplemental information determines the finer point of the deal. Ask any question, respect me not to get mad if the answer is not the affirmation you are looking for,
Message 86 of 653
Established Contributor

Re: Please Reply: How Many Credit Cards Do YOU Own?

2 Walmart 1 visa 1 MC 1 Discover
Experian® 808/Equifax® ?/TransUnion® 810
Baddies Experian® clean/Equifax® 1/TransUnion® Clean
Last CLI 6-13-2013
Total Credit $121,190.00
Goal 780!
Message 87 of 653
New Contributor

Re: Please Reply: How Many Credit Cards Do YOU Own?

AMEX Platinum Charge

SPG AMEX

AMEX Hilton HHonors

Citi Thank You

Penfed Platinum Cash Rewards Visa

US Bank Visa Platinum


Starting Score: 720
Current Score: EQ 752 TU 753 EX 749 PSECU
Goal Score: 800


Take the FICO Fitness Challenge
Message 88 of 653
Established Contributor

Re: Please Reply: How Many Credit Cards Do YOU Own?

Amex SPG

Amex Blue Cash

BOA BankAmericard Cash Rewards Visa

Chase Freedom Plat Visa

Citi Dividend MC

Citi Diamond Preferred MC

Discover More

FIA Cash Rewards Plat Visa (old Schwab)

Penfed Cash Rewards Visa

USAA Plat MC

 

Now only gardening for much time to come!

FICO: EX: 740 (1/18); TU: 753 (12/17); EQ 777 (12/17)
Amex Blue Cash | Amex SimplyCash Plus | Barclays Uber Platinum Visa | Chase Amazon Prime Visa Signature | Chase Freedom Visa Signature | Discover IT Miles | Discover IT More | Sams Club World Mastercard | USAA Limitless Rewards Platinum Visa
Message 89 of 653
Valued Contributor

Re: Please Reply: How Many Credit Cards Do YOU Own?

Bofa Platinum

Amex Zync

US Bank Flex perks

Chase Freedom

DCU Visa

Capital One Platinum

JCP/GEMB

Citi Hilton Reserve 22.3K | Citi Thank You 8.2K | CSP 15.5K | Chase Freedom 10K | Chase BA 15K | Chase United 8.5K | Chase Marriott 5K | Discover IT 9K | Club Carlson 13K | Amex SPG 20K | BofA Cash Rewards 11K | BofA Cash Rewards 50K
Message 90 of 653