Credit Cards Center Credit cards from our partners
Reply
Established Member
Posts: 52
Registered: ‎01-01-2013

Re: How many credit cards do you have?

Only 2 cards, which makes me an amateur on these forums, haha.  I have my eye on three more though, but five sounds like a lot to me (even though it would still make me a noob compared to other's here).

 

last fico as of about 9 months ago was 783

Moderator
Posts: 27,207
Registered: ‎09-13-2012

Re: How many credit cards do you have?


Closingracer99 wrote:

JoshNurse wrote:

I have no idea of this is a good idea or not but I want to reach 20 credit cards.

 

The way I think about it is in 2 years all those hard pulls will be off.  Thats the time when my car lease is also up.

 

I am trying to think of 2 years from now and being able to garden for years.


Hmm I think i heard from somewhere to many Credit cards can hurt your score ( I didn't hear it from here but somewhere else) Though i can be wrong 


On thin files (just starting a credit profile), this is true but thicker files it is not true.  

 

The impact of new inq's/TLs on a low AAOA can hurt a score but in time, they will recover. 

Frequent Contributor
Posts: 489
Registered: ‎03-19-2013

Re: How many credit cards do you have?

Thanks 09Lexie. I am looking towards the future. 2 years from now.

Should I stop at 15 cards or 20?
Community Leader
Established Contributor
Posts: 1,004
Registered: ‎05-28-2013

Re: How many credit cards do you have?

[ Edited ]

JoshNurse wrote:

I just want to see how many credit cards people have and what your current fico score is.

9 Cards

Fico 755


Around 12... not counting departments stores or credit line (ie. Dell Financial Service, etc).  Current score is 754 (EQ).

Moderator
Posts: 27,207
Registered: ‎09-13-2012

Re: How many credit cards do you have?


JoshNurse wrote:
Thanks 09Lexie. I am looking towards the future. 2 years from now.

Should I stop at 15 cards or 20?

That's a personal decision.  Think quality, not quantity. 

 

Spoken from from someone who has an excess of 30 cc's.  Smiley Embarassed

Established Contributor
Posts: 588
Registered: ‎02-11-2014

Re: How many credit cards do you have?

I have too many for my personal comfort level.

 

I have 9 credit cards and 1 store card.  Next week I'm closing one of my credit cards.  I'd really like to close more, but I'm debating on which ones I can close so that there's minimal impact to my scores.  I've done a card ranking and I would be comfortable keeping open my top 6 - I don't really want to juggle more than that.

 

My current Fico score according to Discover (TU) is 782.  

 

 

Commenced gardening: J̶u̶n̶e̶ ̶2̶,̶ ̶2̶0̶1̶4̶ December 11, 2015

Sallie Mae WMC ● US Bank Cash + VS ● Citi Double Cash ● Amex TrueEarnings ● Fidelity Amex ● Chase Freedom VS ● Chase AARP ● BOA Better Balance Rewards ● Discover IT
Contributor
Posts: 82
Registered: ‎04-25-2013

Re: How many credit cards do you have?

10 with the new approvals including 1 biz card and 1 store card. Ex fico 708. 

AmEx PRG, AmEx Delta Platinum, AmEx Blue for Business, Citi AAdvantage Platinum, USAA MasterCard, USAA American Express, Caesar's Total Rewards Visa, PenFed PLOC, PenFed Platinum Rewards Visa Signature, DCU Platinum Visa, Wells Fargo Platinum Visa, Chase Ink Plus, Chase Freedom, PSECU 20/20 Visa/PSL, CU Visa, BananaCard
Frequent Contributor
Posts: 265
Registered: ‎02-25-2013

Re: How many credit cards do you have?

24 cards scores are in the 780s.  Will probably trim down to 18 by the end of the year.

Scores: EQ 796, EX 790, TU 807
Personal and Business Cards: 26 with 650k CL
High Limit Cards: CSP 60k | BoA Cash 60k | NFCU flagship 60k | Penfed Rewards 50k | Aviator Silver 50k
Frequent Contributor
Posts: 385
Registered: ‎03-21-2014

Re: How many credit cards do you have?


JoshNurse wrote:

I just want to see how many credit cards people have and what your current fico score is.

 

 

9 Cards

Fico 755


2 on my own, a 3rd as an AU.(hubby and I added eachother to one of our cards) My Experian fico (actual myfico experian) is 804, My credit Karma is 755


FAKO'sSmiley Frustratedcore as shown on CreditKarma 765,CS score 771.FICO's: Score as shown on AMEX Ex 846, BarclayTU08 808..BofA 5400,Target $600,Barnes $8500,Amex $22k
Frequent Contributor
Posts: 385
Registered: ‎03-21-2014

Re: How many credit cards do you have?


SomeGuyNamedFred wrote:

Only 2 cards, which makes me an amateur on these forums, haha.  I have my eye on three more though, but five sounds like a lot to me (even though it would still make me a noob compared to other's here).

 

last fico as of about 9 months ago was 783


Thank God! I was beginning to think I was one of the very few with a tiny amount of cards and a decent score! It seems to be rare around here


FAKO'sSmiley Frustratedcore as shown on CreditKarma 765,CS score 771.FICO's: Score as shown on AMEX Ex 846, BarclayTU08 808..BofA 5400,Target $600,Barnes $8500,Amex $22k

Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.

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 internal myFICO analysis of 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. These ranges were not provided by any card issuer.

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.