Reply
New Member
Posts: 4
Registered: ‎11-30-2012
0

IF you could have only ONE credit card, what would it be and why?

IF you could have only ONE credit card, what would it be and why?  role play for a minute, you just won the $500M powerball, used your attorney to hide your identity, cashed it out and paid off all your bills, setup a trust fund that is being professionaly managed for investment return -- basically money no object, your credit is now steller, but you want to simplify your life.  what credit card would you choose and why?

Valued Contributor
Posts: 2,296
Registered: ‎07-23-2012
0

Re: IF you could have only ONE credit card, what would it be and why?

obvious answer would be the amex centurion. 

but since money is no object you dont need credit 

 

cash for everything in crisp new bills 100's,50's and 20's

Current: Discover Fico 709 3/15 Walmart Fico 743 4/15

Inquiries (24 Months): EQ 6 TU 1 EX 6 | Most Recent: 4/09/2015
Over 12 Months:9


2015 Goals:
Lower Utility
Earn Cash Back

Amex Zync(Unicorn)
Chase Freedom$1500
Discover IT$7,400
Citi DC $10,000
Citizens Mastercard$7,000
Frequent Contributor
Posts: 272
Registered: ‎12-28-2011
0

Re: IF you could have only ONE credit card, what would it be and why?

[ Edited ]

It would obviously be either Visa or MC for me, not Discover or Amex for the simple reason of wider acceptance of first two payment systems almost everywhere in the world compared to the latter ones.

As long as with such a fortune cashback or any other perks are unlikely to matter :-), I would probably just choose something like JPM Select Visa Signature...

 

In my wallet now: Amex PRG NPSL, Amex BCE $15k $17k (thanks to recent CLI), Chase Freedom 11k, CSP $6k, Chase United ME $5k, Citi Dividend $5.6k, Discover It $4.5k and a handful of other cards...
TU Dec 2013 - 752Sep 2013 - 764 - new all time maximum

Obsolete data &colonSmiley Wink Current TU - probably around ~750. I am now applying only for cards I can have fat sign-up bonuses on, repay them right away and close before next year. That's why BKLSBNKDELAWARE probably blacklisted me long ago, LOL...
Frequent Contributor
Posts: 385
Registered: ‎02-06-2009
0

Re: IF you could have only ONE credit card, what would it be and why?


mikka1 wrote:

It would obviously be either Visa or MC for me... for the simple reason of wider acceptance.

As long as with such a fortune cashback or any other perks are unlikely to matter :-), I would probably just choose something like JPM Select Visa Signature...


After reading this review, I would tend to agree... J.P. Morgan Palladium card it is!


11/02/2012 Peak - EQ 790 (ScoreWatch EQ FICO)
01/06/2015 Current - TU 831 (Walmart MasterCard TU FICO 08 Classic)
GOAL - 800! - App free since 05/18/2015
Established Contributor
Posts: 961
Registered: ‎12-21-2010
0

Re: IF you could have only ONE credit card, what would it be and why?


brother7 wrote:

mikka1 wrote:

It would obviously be either Visa or MC for me... for the simple reason of wider acceptance.

As long as with such a fortune cashback or any other perks are unlikely to matter :-), I would probably just choose something like JPM Select Visa Signature...


After reading this review, I would tend to agree... J.P. Morgan Palladium card it is!


Ditto!
Experian® 808/Equifax® ?/TransUnion® 810
Baddies Experian® clean/Equifax® 1/TransUnion® Clean
Last CLI 6-13-2013
Total Credit $121,190.00
Goal 780!
Frequent Contributor
Posts: 489
Registered: ‎12-18-2011
0

Re: IF you could have only ONE credit card, what would it be and why?


SleezeBall wrote:

IF you could have only ONE credit card, what would it be and why?  role play for a minute, you just won the $500M powerball, used your attorney to hide your identity, cashed it out and paid off all your bills, setup a trust fund that is being professionaly managed for investment return -- basically money no object, your credit is now steller, but you want to simplify your life.  what credit card would you choose and why?


One that I would not have to pay back.......!Smiley LOL


"having a credit card is nice, but having cash in hand will always be king"
Frequent Contributor
Posts: 288
Registered: ‎02-06-2012
0

Re: IF you could have only ONE credit card, what would it be and why?

A card that offers 0% F.E. fees because im traveling if i won that kind of money.

Valued Contributor
Posts: 1,997
Registered: ‎01-24-2012
0

Re: IF you could have only ONE credit card, what would it be and why?

As mikka1 said, American Express is not accepted everywhere, but if in this scenario they are, I would choose the Fidelity Invenstments 2% card. Other than that, I would choose the PNC Cashbuilder at 1.75% cashback.

Valued Contributor
Posts: 1,339
Registered: ‎09-11-2012
0

Re: IF you could have only ONE credit card, what would it be and why?


SleezeBall wrote:

IF you could have only ONE credit card, what would it be and why?  role play for a minute, you just won the $500M powerball, used your attorney to hide your identity, cashed it out and paid off all your bills, setup a trust fund that is being professionaly managed for investment return -- basically money no object, your credit is now steller, but you want to simplify your life.  what credit card would you choose and why?


Amex Centurian.

 

 

2013 Approvals: Discover IT - 3/1, Amex BCE - 3/4, CSP - 5/4, Barclay Ring - 6/12, BoA Privileges Cash - 6/27, Citi TY Preferred - 8/6, OCCU Duck - 11/4, USBank (Cash+) - 11/22, Wells Fargo - 12/21, Nordstrom - 12/29

12/19/2013, $100k+ Available Credit. Total Util: 0-1%
Regular Contributor
Posts: 202
Registered: ‎11-04-2012
0

Re: IF you could have only ONE credit card, what would it be and why?

Centurion. If I couldnt get that, Credit One Platinum.

Amex Everyday 6k || Chase Sapphire 5k || Buypower Card 5k || USAA Wounded Warrior Mastercard 4k || Citi TYP 4.9k|| Citi Forward 5.5k || Discover It 2k || Chase Freedom 5.5k || Walmart 1k || Chase Amazon 1k
Business: Chase ink cash 5k || AMEX Simply Cash 3.8k
Total CLs: 48.7k
Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.