My current lineup - questions, thoughts, etc...?

[RockySC]

Alright, I think I have my entire credit card setup finalized. If I'm missing something just let me know...

• AMEX Blue Cash Everyday - 3% on groceries
• Chase Freedom & Discover It - I'll flip these back and forth on limited transactions depending on the 5% back categories at any given time (right now it's gas and movie theaters on the CF and restaurants on the It)
• Fidelity AMEX - 2% on everything else
• Capital One Quicksilver - 1.5% for any vendors that do not accept the Fidelity AMEX card

I also applied for the US Bank Cash+ card over the phone (normally you must do it at a branch in NY only) and I was approved for the basic Cash card instead. Once I progress a bit more I'll call to have them upgrade me to the Cash+. Once that happens I'll use that one a lot since you get to pick your categories instead of them rotating like CF and It.

Also, I do NOT have a Fidelity account but I was still approved for that card. I assume I need to set up a Fidelity Cash Management account, at the very least, before I can earn any rewards on that card. Is that correct?

If there is anything missing or anything I could do or go after to improve things please let me know. I'm going to also assume this lineup is pretty typical of everyone however.

[Themanwhocan]

---

@RockySC wrote:

Alright, I think I have my entire credit card setup finalized. If I'm missing something just let me know...

• AMEX Blue Cash Everyday - 3% on groceries
• Chase Freedom & Discover It - I'll flip these back and forth on limited transactions depending on the 5% back categories at any given time (right now it's gas and movie theaters on the CF and restaurants on the It)
• Fidelity AMEX - 2% on everything else
• Capital One Quicksilver - 1.5% for any vendors that do not accept the Fidelity AMEX card

I also applied for the US Bank Cash+ card over the phone (normally you must do it at a branch in NY only) and I was approved for the basic Cash card instead. Once I progress a bit more I'll call to have them upgrade me to the Cash+. Once that happens I'll use that one a lot since you get to pick your categories instead of them rotating like CF and It.

Also, I do NOT have a Fidelity account but I was still approved for that card. I assume I need to set up a Fidelity Cash Management account, at the very least, before I can earn any rewards on that card. Is that correct?

If there is anything missing or anything I could do or go after to improve things please let me know. I'm going to also assume this lineup is pretty typical of everyone however.

---

Adding the Sallie Mae rewards card (not upromise) might be a good improvement. You might want to wait a few months if you just now applied for all those cards.

[user5387]

What would you do in an emergency, for example if you needed a short-term loan?

[mnavas]

Do you have a card with no rewards program low APR for cash and purchases and no fees for cash or balance transfers???? If your answer is no then thats the one you're missing. 

[RockySC]

---

@mnavas wrote:

Do you have a card with no rewards program low APR for cash and purchases and no fees for cash or balance transfers???? If your answer is no then thats the one you're missing. 

---

What would you recommend?

[bigblue7722]

---

@RockySC wrote:

---

@mnavas wrote:

Do you have a card with no rewards program low APR for cash and purchases and no fees for cash or balance transfers???? If your answer is no then thats the one you're missing. 

---

What would you recommend?

---

Try a local CU. Most are known for so called "emergency" cards. My CU can go as low as 8.95% as long as your score is over 750. Also most CU give out higher credit lines. 

[user5387]

CU cards in general, for example DCU.

[longtimelurker]

---

@RockySC wrote:

Also, I do NOT have a Fidelity account but I was still approved for that card. I assume I need to set up a Fidelity Cash Management account, at the very least, before I can earn any rewards on that card. Is that correct?

---

You can earn rewards but at a lower rate (maybe just 1%).  If you transfer to a Fidelity account you get 2%, other accounts less.  

[longtimelurker]

---

@RockySC wrote:

Alright, I think I have my entire credit card setup finalized. If I'm missing something just let me know...

• AMEX Blue Cash Everyday - 3% on groceries
• Chase Freedom & Discover It - I'll flip these back and forth on limited transactions depending on the 5% back categories at any given time (right now it's gas and movie theaters on the CF and restaurants on the It)
• Fidelity AMEX - 2% on everything else
• Capital One Quicksilver - 1.5% for any vendors that do not accept the Fidelity AMEX card

I also applied for the US Bank Cash+ card over the phone (normally you must do it at a branch in NY only) and I was approved for the basic Cash card instead. Once I progress a bit more I'll call to have them upgrade me to the Cash+. Once that happens I'll use that one a lot since you get to pick your categories instead of them rotating like CF and It.

Also, I do NOT have a Fidelity account but I was still approved for that card. I assume I need to set up a Fidelity Cash Management account, at the very least, before I can earn any rewards on that card. Is that correct?

If there is anything missing or anything I could do or go after to improve things please let me know. I'm going to also assume this lineup is pretty typical of everyone however.

---

Apart from the emergency card other have mentioned, you also don't have anything for travel, such as a CSP, or an Amex MR/SPG card.  So this is cashback profile, rather than typical of everyone!

[FastForward]

---

@bigblue7722 wrote:

---

@RockySC wrote:

---

@mnavas wrote:

Do you have a card with no rewards program low APR for cash and purchases and no fees for cash or balance transfers???? If your answer is no then thats the one you're missing. 

---

What would you recommend?

---

Try a local CU. Most are known for so called "emergency" cards. My CU can go as low as 8.95% as long as your score is over 750. Also most CU give out higher credit lines. 

---

+1

That's basically what my CU card is for - no perks/bonuses, but an 8.99% interest rate & good CL for emergencies.  I do place 1 charge on it per month & PIF just to show activity & build some history with this CU (for future consumer loan needs). 

EDIT: I also agree with the suggestion on a potential travel rewards card, if you do any type of traveling whatsoever.  As mentioned, look into the Chase CSP (which would be a great combo with your Freedom in maximizing rewards/points), any of the AmEx charge cards and/or AmEx SPG.  Perhaps an airline or hotel card, if there is a particular brand you use/frequent on a regular basis.  There is also the cash-back type travel reward cards like the Barclay Arrival or Cap1 Venture.