topic Re: Can someone please explain? in Credit Cards

Can someone please explain?

Anonymous — Sat, 14 May 2016 01:50:45 GMT

I enjoy looking at the various cards that people put at the bottom of the post.

I haven't the expertise to put mine in......anyway...

I notice that many Capital 1 folks have 2 of the same card

2 quicksilver ones...2 platinum

Even 2 quicksilver....

I see many multiple discos, chase,etc....but not the same card...

What am I missing

It seems like this is a non serious thread day

Fun friday...

This is purely out of curiosity

Thanks!

Re: Can someone please explain?

Anonymous — Sat, 14 May 2016 01:54:50 GMT

@Anonymous wrote:
I enjoy looking at the various cards that people put at the bottom of the post.
I haven't the expertise to put mine in......anyway...
I notice that many Capital 1 folks have 2 of the same card
2 quicksilver ones...2 platinum
Even 2 quicksilver....
I see many multiple discos, chase,etc....but not the same card...
What am I missing
It seems like this is a non serious thread day
Fun friday...
This is purely out of curiosity
Thanks!

People have multiple cards of the same kind for various reasons; more total available credit, double the rewards and in CapOne's case the ability to combine cards for one larger card limit

Re: Can someone please explain?

Anonymous — Sat, 14 May 2016 01:59:43 GMT

@Anonymous wrote:
@Anonymous wrote:
I enjoy looking at the various cards that people put at the bottom of the post.
I haven't the expertise to put mine in......anyway...
I notice that many Capital 1 folks have 2 of the same card
2 quicksilver ones...2 platinum
Even 2 quicksilver....
I see many multiple discos, chase,etc....but not the same card...
What am I missing
It seems like this is a non serious thread day
Fun friday...
This is purely out of curiosity
Thanks!

People have multiple cards of the same kind for various reasons; more total available credit, double the rewards and in CapOne's case the ability to combine cards for one larger card limit

Thanks for the fast response, Irish

Is cap 1 the only outfit that let's you combine?

Re: Can someone please explain?

Anonymous — Sat, 14 May 2016 02:03:16 GMT

One of the cards may have originally been a different product (different card) and was changed over the years because the original card was discontinued, graduated from secured card and was changed into a reward card.. something like that. For situation like multiple Amex you might find people who have a platinum card (high annual fee) but they don't really spend money on that card. They just use it for airline credits, airport lounge access, etc. but they might have other Amex cards as well (spg, everyday preferred, etc) that they use for actually putting charges on.

Also to setup your signature you can go to "My Settings" then personal info and you can at least put in a text signature (like I have) or if you want to put the pictures in you can look into doing that as well.

Re: Can someone please explain?

Anonymous — Sat, 14 May 2016 02:04:25 GMT

I have the biggest crush on Cap 1..

And they treat me soooo badly

1 platinum at a small cl...

Several other good cards with decent cls....

Can't explain it....goofy for cap 1

Re: Can someone please explain?

Anonymous — Sat, 14 May 2016 02:09:50 GMT

@Anonymous wrote:
One of the cards may have originally been a different product (different card) and was changed over the years because the original card was discontinued, graduated from secured card and was changed into a reward card.. something like that. For situation like multiple Amex you might find people who have a platinum card (high annual fee) but they don't really spend money on that card. They just use it for airline credits, airport lounge access, etc. but they might have other Amex cards as well (spg, everyday preferred, etc) that they use for actually putting charges on.

Also to setup your signature you can go to "My Settings" then personal info and you can at least put in a text signature (like I have) or if you want to put the pictures in you can look into doing that as well.

I shall try the .my settings....thanks

I don't notice the exact same amex card, though.

Multiple products from the same company , not 2 exact same cards side by side...

Only notice the cap 1 crew doing that?

Re: Can someone please explain?

dragontears — Sat, 14 May 2016 02:15:55 GMT

You can find some people with multiple BoA (i.e. 2 BBR cards) and a few that managed to get multiple of the same card from barclay (i.e. Sallie Mae cards) but most the time it is cap1 that will hand out multiples of the same card

Re: Can someone please explain?

sr383 — Sat, 14 May 2016 02:17:24 GMT

Some cards have limits on the cash back you can earn per quarter, so if you're pushing the limit, it might help to have multiple accounts. With Cash+, there's an added incentive: You get to choose your own rewards categories, and having two cards gives you four 5% categories, instead of two.

Re: Can someone please explain?

dragontears — Sat, 14 May 2016 02:18:54 GMT

Duh! I forgot about the Cash+ which is horrible of me since I actually have 2 Cash+ cards

Re: Can someone please explain?

Anonymous — Sat, 14 May 2016 02:41:46 GMT

I have 2 BofA cards because one was PC'd to the travel rewards.

I have 2 chase cards because I got 2 cards:1 HP

Re: Can someone please explain?

Bman70 — Sat, 14 May 2016 02:55:22 GMT

@Anonymous wrote:
One of the cards may have originally been a different product (different card) and was changed over the years because the original card was discontinued, graduated from secured card and was changed into a reward card.. something like that. For situation like multiple Amex you might find people who have a platinum card (high annual fee) but they don't really spend money on that card. They just use it for airline credits, airport lounge access, etc. but they might have other Amex cards as well (spg, everyday preferred, etc) that they use for actually putting charges on.

Also to setup your signature you can go to "My Settings" then personal info and you can at least put in a text signature (like I have) or if you want to put the pictures in you can look into doing that as well.

Even from a different bank. My second Quicksilver was once a Household Bank toy card, Cap1 bought the accounts apparently.

Re: Can someone please explain?

DoroLucky — Sat, 14 May 2016 03:05:38 GMT

Re: Can someone please explain?

Anonymous — Sat, 14 May 2016 03:11:30 GMT

@dragontears wrote:
Duh! I forgot about the Cash+ which is horrible of me since I actually have 2 Cash+ cards

Now that is funny

Is cash+ BofA?

Re: Can someone please explain?

Anonymous — Sat, 14 May 2016 03:14:40 GMT

@Anonymous wrote:
I have 2 BofA cards because one was PC'd to the travel rewards.

I have 2 chase cards because I got 2 cards:1 HP

You sure do!

2 freedoms

You didn't try for a slate or CSP?

Re: Can someone please explain?

dragontears — Sat, 14 May 2016 03:15:39 GMT

Cash+ is US Bank

Re: Can someone please explain?

Anonymous — Sat, 14 May 2016 03:16:32 GMT

@Bman70 wrote:
@Anonymous wrote:
One of the cards may have originally been a different product (different card) and was changed over the years because the original card was discontinued, graduated from secured card and was changed into a reward card.. something like that. For situation like multiple Amex you might find people who have a platinum card (high annual fee) but they don't really spend money on that card. They just use it for airline credits, airport lounge access, etc. but they might have other Amex cards as well (spg, everyday preferred, etc) that they use for actually putting charges on.

Also to setup your signature you can go to "My Settings" then personal info and you can at least put in a text signature (like I have) or if you want to put the pictures in you can look into doing that as well.

Even from a different bank. My second Quicksilver was once a Household Bank toy card, Cap1 bought the accounts apparently.

Yes.. I've heard of that.

Re: Can someone please explain?

Anonymous — Sat, 14 May 2016 03:18:51 GMT

@dragontears wrote:
Cash+ is US Bank

Thanks

Re: Can someone please explain?

UncleB — Sat, 14 May 2016 03:48:19 GMT

I have two Quicksilver cards; the MasterCard started off years ago as a HSBC 'Platinum' MasterCard and I got the Quicksilver Visa Signature last spring.

They are eligible to be combined, but I choose to keep them separate because they have different features. The MasterCard has the better APR (15.15%) and the balance transfer option on it has no fee, but there's no 0% APR promo, either. On the other hand, the QS Visa Signature card has an APR of 18.15%, and the balance transfer offer for it is 0% for 12 months, but with a 3% fee.

Since both balance transfer options can be useful depending on the specific need at the time, I have chosen to keep the cards separate. I'll also add that at nine years old, the QS MasterCard is one of my older accounts, so I prefer to keep it open for the history as well.

As for putting pictures in your signature, here's a link to a thread that has some pretty good instructions:

http://ficoforums.myfico.com/t5/SmorgasBoard/THIS-IS-HOW-YOU-ADD-CREDIT-CARD-PICS-TO-YOUR-PROFILE/td-p/2262839

Re: Can someone please explain?

Anonymous — Sat, 14 May 2016 04:04:21 GMT

Are the first 2 cards the same amex cards

I can't tell...seem to be different colors

If they are the same....you did it because you get double the benefits?l

Re: Can someone please explain?

Anonymous — Sat, 14 May 2016 04:07:50 GMT

@UncleB wrote:
I have two Quicksilver cards; the MasterCard started off years ago as a HSBC 'Platinum' MasterCard and I got the Quicksilver Visa Signature last spring.

They are eligible to be combined, but I choose to keep them separate because they have different features. The MasterCard has the better APR (15.15%) and the balance transfer option on it has no fee, but there's no 0% APR promo, either. On the other hand, the QS Visa Signature card has an APR of 18.15%, and the balance transfer offer for it is 0% for 12 months, but with a 3% fee.

Since both balance transfer options can be useful depending on the specific need at the time, I have chosen to keep the cards separate. I'll also add that at nine years old, the QS MasterCard is one of my older accounts, so I prefer to keep it open for the history as well.

As for putting pictures in your signature, here's a link to a thread that has some pretty good instructions:

http://ficoforums.myfico.com/t5/SmorgasBoard/THIS-IS-HOW-YOU-ADD-CREDIT-CARD-PICS-TO-YOUR-PROFILE/td-p/2262839

Thanks...thanks again