Re: Do I have too many credit cards?
09-28-2012 08:07 AM
I'm not sure if you have too many cards but some of them are superfluous. Chase Amazon is pointless since you have the Citi Forward which gives you 5% on Amazon & restaurants (vs.Chase Amazon card's 3% on Amazon & 2% on restaurants; your Penfed gives you 5% on gas which beats Chase Amazon's 2% on gas.)
Regarding Bloomy's card- very difficult to buy much with a paltry $1500 limit plus since you have Amex BCE you get 2% back at Bloomy's which beats the 1.5% Bloomy's offers on their card ( 3 loyallist pts = 1.5% bc you need 5,000 pts for a $25 gift card.)
EQ: 794. TU: 704. EX: 755