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Established Contributor
BearsAndTurtlesRtheBest
Posts: 1,045
Registered: ‎10-02-2012

IS IT TRUE?

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‎11-07-2012 05:23 PM

Is it true that you can only have one mastercard?? I already have a sears mastercard and woud like the slate mastercard. should I go for VISA just to be safe or does having more than one mastercard allowed? THANKS!

Im a 18 yr old in high school with no annual income that loves learning new things about credit. I pulled my FIRST Experian Score from Quizzle.com (on 2-9-13). Quizzle.com was the only site that was able to find my credit report, the rest required more information in order to do so since I lack public records. I'll update on the cards I am currently as an AU because some haven't reported yet. I don't own any cards under my name since I don't have an annual income to include when applying. Im super EXCITED!! MyFico.com is awesome!!!
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wealthcreator
Posts: 211
Registered: ‎07-02-2012

Re: IS IT TRUE?

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‎11-07-2012 05:28 PM

BearsAndTurtlesRtheBest wrote:

Is it true that you can only have one mastercard?? I already have a sears mastercard and woud like the slate mastercard. should I go for VISA just to be safe or does having more than one mastercard allowed? THANKS!

No way..  u can have multiple cards with same logo.. visa, mc, amex..

Walmart TU-724 on 12-2012
EX-707 on 08-2012
EQ-668on 08-2012
_________________________________
Wallet - Discover 1500 | Chase Freedom 1500 | OldNavy Visa 2750 | Walmart 2000 | Amex BCE 6000 | BoA Visa Sig 5000 | Chase Marriott 5000 | Amex Hhonor 2000 | CSP 5000
__________________________________________
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visorboy1974
Posts: 959
Registered: ‎05-17-2010

Re: IS IT TRUE?

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‎11-07-2012 05:34 PM

wealthcreator wrote:
BearsAndTurtlesRtheBest wrote:

Is it true that you can only have one mastercard?? I already have a sears mastercard and woud like the slate mastercard. should I go for VISA just to be safe or does having more than one mastercard allowed? THANKS!

No way..  u can have multiple cards with same logo.. visa, mc, amex..

+1

Starting Score: 600
Current Score:: 687EQ, 698EX, 721TU
Goal Score: 760

Take the myFICO Fitness Challenge
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OptimasPrime
Posts: 332
Registered: ‎08-17-2012

Re: IS IT TRUE?

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‎11-07-2012 05:37 PM

Not sure where you got this from but it is not even remotely true. Mastercard is just a processing network, banks are the issuers of credit cards.

 

So for example it would be like saying you cant have a Chase Freedom mastercard just because you have a citi diamond preferred mastercard, which makes no sense.

 

Hopefully this helps clear everything up

EQ 778 (myFico 05/13) | EX 749 (Amex) | CK 760 | CS 787
Amex Zync | BCE 2.6k | BofA Travel Rewards 4k | Chase Freedom 2.1k | Discover it 4k
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Shogun
Posts: 7,367
Registered: ‎04-15-2011

Re: IS IT TRUE?

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‎11-07-2012 05:49 PM

You can have multiple MCs.

Starting Score: 504

Current Score: EQ FICO 819, TU08 775, EX "Who Knows?" Quizzle 756
Goal Score: All Scores 760+, Newest goal 800+
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BearsAndTurtlesRtheBest
Posts: 1,045
Registered: ‎10-02-2012

Re: IS IT TRUE?

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‎11-07-2012 06:38 PM

thanks for clearing it up now we know that is it pure bologne :smileyhappy:

Im a 18 yr old in high school with no annual income that loves learning new things about credit. I pulled my FIRST Experian Score from Quizzle.com (on 2-9-13). Quizzle.com was the only site that was able to find my credit report, the rest required more information in order to do so since I lack public records. I'll update on the cards I am currently as an AU because some haven't reported yet. I don't own any cards under my name since I don't have an annual income to include when applying. Im super EXCITED!! MyFico.com is awesome!!!
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Cadillac-XTS
Posts: 1,837
Registered: ‎08-20-2012

Re: IS IT TRUE?

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‎11-07-2012 06:43 PM

+10000000000

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