Reply
Moderator Emeritus
WhirledPeasPlease
Posts: 3,417
Registered: ‎12-27-2007
0

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
calichik555
Posts: 177
Registered: ‎04-28-2008
0

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
Creditaddict
Posts: 22,064
Registered: ‎10-23-2007
0

Re: How many credit cards

27-30 Personal
29 Business
 
:smileysurprised:
Fico Scores: EQ- 626 Overstck., TU 696 Walmart, EX 695 Chase (11-05-14)
You will have to put up Electric Fence to keep me in the garden!
Highest Limit: Navy Federal Cash Sigi Visa $50k (AU)
Lowest Limit: Target $200
66 Cards and Counting :smileytongue:
Regular Contributor
msheresy
Posts: 124
Registered: ‎05-21-2008
0

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
UpTheDernCreek
Posts: 44
Registered: ‎06-30-2008
0

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
UpTheDernCreek
Posts: 44
Registered: ‎06-30-2008
0

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
techgirl
Posts: 371
Registered: ‎12-28-2007
0

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
haulingthescoreup
Posts: 28,098
Registered: ‎04-01-2007
0

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
fused
Posts: 16,373
Registered: ‎03-12-2007
0

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 (11-08-2014): EQ 818, 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: 12 years ~ Util: 1% ~ Inqs: EX 1

Valued Member
HornsFan
Posts: 32
Registered: ‎07-07-2007
0

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]

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+
}