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Moderator Emeritus
Posts: 3,417
Registered: ‎12-27-2007
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Re: How many credit cards



cheddar wrote:


FretlessMayhem wrote:


cobra19 wrote:
9................(3) Amex,  (2) MC, (2) Visa, 1 store card, 1 gas card.
 
I don' think there is a magic number when it comes to having too many card.  Back in 1998, when I purchased my house, I had 31 cc's. Lawyer advised me to close a few. But, having 31 cards didn't hurt me then.  





31? Holy crap. And I thought I had a lot.

I predict that will be me in about 3 years, at this rate.
 


LOL - when I was 21 I had something like 17.  Insane.  They all had balances (think using the Amoco card to buy groceries).  I had WAY too many store cards.  But, oh was I proud of that 5k First USA Visa -- that went into collections and make its way to 10k before I finally dealt with it.
~*~*~*~*~*~*~*~*~*~*~
From 700 in 2008 to 498 in 2012...
4/23/12 -- BK 13 date of filing EQ = 505
4/18/12 -- EQ 498
12/5/13 -- EQ 669
Here we go.... back on track.
Regular Contributor
Posts: 177
Registered: ‎04-28-2008
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Re: How many credit cards

i have 4 revolving accts now.  cap1, orchard, discover, and hsbc acct that i opened to finance my laptop through gateway. the last one will probably never be used again.
 
2 was good for me for a while.  but i realize if one little thing is new on my report it throws my score off quite a bit because i don't have a lot of accts.  Just got the discover and will probably wait to apply for a chase or amex til next year.  then i'll be done. :smileyhappy:
03/2009 - TU: 679 EQ: 670 EX: 670
7/2 - TU: 666 EX: 668 EQ: 673

"If at first you don't succeed...skydiving isn't for you."
Epic Contributor
Posts: 24,266
Registered: ‎10-23-2007
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Re: How many credit cards

27-30 Personal
29 Business
 
:smileysurprised:
Fico Scores: EQ- 670., TU 705 Sync, EX 700 (04/20/15)
I'm just trying to catch up to RON1
Highest Limit: Navy Federal Cash Sigi Visa $50k (AU)
Lowest Limit: Target $200
83 Cards and Counting :smileytongue:
Regular Contributor
Posts: 124
Registered: ‎05-21-2008
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Re: How many credit cards

[ Edited ]
I currently have 5
 
cap1
amex
hsbc
macys - store
bloomingdales - store
 
 
I may receive more?  I sent some recon letters for a few that I was denied for but I havnt applied for anything else since checking into the center.


Message Edited by msheresy on 06-30-2008 04:09 PM
Established Member
Posts: 44
Registered: ‎06-30-2008
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Re: How many credit cards

I have 9 and I'm tired of all of them.
*****I broke my paddle beating Crap One over the head with it! ******
Established Member
Posts: 44
Registered: ‎06-30-2008
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Re: How many credit cards

Well make that 10. I forgot about Crap One!
 
 
 
 
 
 
 
 
*****I broke my paddle beating Crap One over the head with it! ******
Frequent Contributor
Posts: 371
Registered: ‎12-28-2007
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Re: How many credit cards

5 (3 CU) (1 BoA) and just acquired Chast Continental.
05/12: approx 680 across the board
04/08 EQ: 730 TU: 748 EX: 718
03/08: EQ: 713 TU: ? EX: ?
12/07: EQ: 689 TU: 711 EX: 721
Moderator Emerita
Community Leader
Epic Contributor
Posts: 28,098
Registered: ‎04-01-2007
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Re: How many credit cards

Was 5.

Now 12.

In the process of be pruning down to probably 8:

3 CU CC's
3 bank CC's
1 store card
1 AU card (for the long history)
* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007
Moderator Emeritus
Posts: 16,374
Registered: ‎03-12-2007
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Re: How many credit cards

I have 7 open revolving accounts:
 
7 cards
 
Amex Blue
Chase Visa
Discover Motiva
FIA Visa
First Hawaiian Visa
Macy's Gold
 
1 line of credit
 
BoA unsecured
 
Credit Profile -
FICO 08 Scores (03-26-2015): EQ 814, EX 817, TU 822
All three scores were 850. Lost points for not having an open installment TL. So, BE WARNED!!!!!
Credit History: 26 years ~ AAoA: 13 years ~ Util: 1% ~ Inqs: EX 1, EQ 1

Credit Cards: Amex BCP ~ Amex Clear ~ Amex Platinum ~ Barclay Ring Mastercard ~ Chase Freedom Visa ~ CITI Dividend Platinum World Mastercard ~ FIA Fidelity Investment Platinum Visa ~ First Hawaiian Bank Gold Visa
Valued Member
Posts: 32
Registered: ‎07-07-2007
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Re: How many credit cards

I have one Orchard bank card, had a chase but they decided to close it on me....going to apply for an amex blue and maybe a discover in the next few weeks after this round of disputes comes back...what are other good cards to apply for? My experian score is now 736....TIA nate.
MyFico l Equi - 784 l Exp - 752 l Trans - 786

[as of 7/13/2008]
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