topic Re: Which Credit Card to Carry as a third card? in Credit Cards

Which Credit Card to Carry as a third card?

Anonymous — Sat, 09 Sep 2017 12:42:50 GMT

Hi, guys.

I know that I have OCD when it comes to credit cards (as lotsof us on this forum do, I suspect).

I do, however, have a question.

I have four major credit cards, one from each of the four big networks.

Currently, I have two in my wallet for everyday carry, AMEX BCP for 6% groceries and 3% gas, and Cap One Quicksilver WEMC for 1.5% all else.

Just for security, I was thinking of carrying three of the four credit cards (in case a place does not accept AMEX and MC doesn't work for some reason), and leaving one home in case I lose the wallet.

I have also Discover IT and Chase FU VISA. I was thinking of converting the FU to Freedom, and carrying that, but maybe I should leave that as FU in the sockdrawer for my auto pays. I am not really a big fan of quarterlies.

Discover IT does not get used much, because their quarterlies are not too hot. I don't want to convert to Chrome, because it is a crappy card (2% gas and restaurants, up to $1000 cap each quarter).

I do not want another credit card.

Main spend is groceries, and everyday (doctor, veteranarian, restaurants (pay cash often), dentist, etc

What card, if any should I add to the other two in the wallet?

Re: Which Credit Card to Carry as a third card?

AverageJoesCredit — Sat, 09 Sep 2017 12:49:46 GMT

I think you are modt likely fine. Your last statement seems to be the key. You do not want another credit card. If you feel the need to carry another card just bring along your Visa. Easy peasy says Luigi

Re: Which Credit Card to Carry as a third card?

Anonymous — Sat, 09 Sep 2017 13:07:29 GMT

I would change the FU into a Freedom. I know quarterly categories can be a pain, but the rewards add up! This would give you a lot of options. I do similar and usually, only have 3 cards w/ me at any given time.

Re: Which Credit Card to Carry as a third card?

MrDisco99 — Sat, 09 Sep 2017 14:20:56 GMT

Your card optimization strategy really depends on the current quarterly category is for those cards and what your spend is like on it. I know it did for me.

Do you spend a lot on restaurants? Do any of them not take Discover?

Next month it may be completely different.