topic Re: In your best year how many credit cards did you score? in Credit Cards

In your best year how many credit cards did you score?

Anonymous — Wed, 19 Sep 2018 05:01:59 GMT

Just curious to see how many credit cards you have been approved for in one year. Mine so far in 2018 is 7. My credit scores were in the fair/good category 650 to 707. What was your best year, how many and what were your scores?

Thx for sharing

Re: In your best year how many credit cards did you score?

Creditaddict — Wed, 19 Sep 2018 05:13:46 GMT

Id have to search my old posts but I'd say it's over 50 in year 2015 or 2016

My score also ranged in the 615-711 was I believe highest it ever showed with Chase EX.

I also had over 100 INQ on EX and well over 60 or 70 on TU so there is no blanket INQ kill you, New accounts Kill you... just depends on overall history, util., creditor, persistence, etc.!

Re: In your best year how many credit cards did you score?

Anonymous — Wed, 19 Sep 2018 06:21:32 GMT

@Creditaddict wrote:
Id have to search my old posts but I'd say it's over 50 in year 2015 or 2016
My score also ranged in the 615-711 was I believe highest it ever showed with Chase EX.
I also had over 100 INQ on EX and well over 60 or 70 on TU so there is no blanket INQ kill you, New accounts Kill you... just depends on overall history, util., creditor, persistence, etc.!

LMAO Creditadict you are bad for my health! Must remain in the garden........must remain in the garden. Rinse and repeat!!!!

But seriously I'm in awe

Re: In your best year how many credit cards did you score?

Anonymous — Wed, 19 Sep 2018 09:12:56 GMT

I’m at 17 new accounts this year and counting

Re: In your best year how many credit cards did you score?

NRB525 — Wed, 19 Sep 2018 09:16:10 GMT

9 in 2015, for a range of hotel points, airline miles, MR and Venture points.

Which is is why I had to wait until January 2018 to apply for CSP.

Re: In your best year how many credit cards did you score?

UpperNwGuy — Wed, 19 Sep 2018 11:05:02 GMT

3 in 2015 -- I got trigger-happy in 2015, my first debt-free year. I've closed one and rarely use the other two.

2 in 2016 -- I still use these two cards, so I guess this was my best year.

1 in 2017 -- I still use this card.

0 in 2018 -- There simply are no cards out there that are better than the ones I already have.

Re: In your best year how many credit cards did you score?

wasCB14 — Wed, 19 Sep 2018 11:19:49 GMT

1 in 2013 (new to credit)

5 in 2014 (mostly cash back)

5 in 2015 (getting into points, Hyatt/IHG for bonuses and annual nights)

3 in 2016 (AA Platinum, Amex Platinum, Prestige)

1 in 2017 (SPG for the bonus)

3 in 2018 (BBP, CSR replacing Prestige, Aviator for the bonus)

Re: In your best year how many credit cards did you score?

Anonymous — Wed, 19 Sep 2018 13:25:27 GMT

@Creditaddict wrote:
Id have to search my old posts but I'd say it's over 50 in year 2015 or 2016
My score also ranged in the 615-711 was I believe highest it ever showed with Chase EX.
I also had over 100 INQ on EX and well over 60 or 70 on TU so there is no blanket INQ kill you, New accounts Kill you... just depends on overall history, util., creditor, persistence, etc.!

Wow that is amazing!!!

Re: In your best year how many credit cards did you score?

Anonymous — Wed, 19 Sep 2018 13:26:01 GMT

@Anonymous wrote:
@Creditaddict wrote:
Id have to search my old posts but I'd say it's over 50 in year 2015 or 2016
My score also ranged in the 615-711 was I believe highest it ever showed with Chase EX.
I also had over 100 INQ on EX and well over 60 or 70 on TU so there is no blanket INQ kill you, New accounts Kill you... just depends on overall history, util., creditor, persistence, etc.!
LMAO Creditadict you are bad for my health! Must remain in the garden........must remain in the garden. Rinse and repeat!!!!
But seriously I'm in awe

U r right he is as I feel I am a credit addict but darn that is impressive!!!

Re: In your best year how many credit cards did you score?

Anonymous — Wed, 19 Sep 2018 13:26:23 GMT

@Anonymous wrote:
I’m at 17 new accounts this year and counting

Good for you! and very nice scores too! How much would you say your scores dropped each time you got a card and then how much did it go up?

Re: In your best year how many credit cards did you score?

Anonymous — Wed, 19 Sep 2018 13:21:27 GMT

Sweet! It certainly looks like you decided on what and why you wanted a certain card. I like that!

Re: In your best year how many credit cards did you score?

Anonymous — Wed, 19 Sep 2018 13:22:33 GMT

@UpperNwGuy wrote:
3 in 2015 -- I got trigger-happy in 2015, my first debt-free year. I've closed one and rarely use the other two.
2 in 2016 -- I still use these two cards, so I guess this was my best year.
1 in 2017 -- I still use this card.
0 in 2018 -- There simply are no cards out there that are better than the ones I already have.

Hey once you have what you need why rock the boat!!!

Re: In your best year how many credit cards did you score?

Anonymous — Wed, 19 Sep 2018 13:24:08 GMT

@wasCB14 wrote:
1 in 2013 (new to credit)
5 in 2014 (mostly cash back)
5 in 2015 (getting into points, Hyatt/IHG for bonuses and annual nights)
3 in 2016 (AA Platinum, Amex Platinum, Prestige)
1 in 2017 (SPG for the bonus)
3 in 2018 (BBP, CSR replacing Prestige, Aviator for the bonus)

Wow look at you! I'm sure you squeezed out every last drop of points and rewards with your setup!!

Re: In your best year how many credit cards did you score?

Anonymous — Wed, 19 Sep 2018 14:47:48 GMT

This year, so far 9 (and 1 from late last year). I'm stopping with my ten total for a while. In 2019 or 2020 I may try for something from BoA if anything there appeals to me (our house mortgage is with them) and at some point I'm going to want a Home Depot card because during the gardening season I practically LIVE in Home Depot! Otherwise I'm good with 10.

Or 2019 may work just like 2018 did, "ooh look, someone sent me a invitation to apply, it's sooooo pretty, the envelope is shiny, hey I've heard of Citi before, " and boom, just random willy-nilly applications for a bunch of cards with toy limits. I'm kidding there. I do plan to be a bit more selective in the future. This year the shock of finally being approved for stuff after years of messing up kinda got the best of me. I'd be happy with just 5 of the 10 if i had it all to do over again (Discover It, Suntrust MC, Amex Cash Magnet, Ebates Visa, Amazon Store Card)

Re: In your best year how many credit cards did you score?

Anonymous — Wed, 19 Sep 2018 15:11:52 GMT

While it may go against the grain of this thread and the overall thread title, I think it's important to consider quality over quantity. The thread title suggests we're just talking quantity (sheer number of cards) but I think quality should also be a consideration. One measure of quality could be combined credit limits.

Rupert may be approved for 10 cards in 1 year with combined total limits of $10k, meaning that his approvals averaged $1k apiece.

Cornelius me only be approved for 4 cards in 1 year, but his combined total limits are $50k. Thus, his average approval was $12,500.

Who above had the "better" year? Either answer can be argued. I just offer this different perspective on the discussion.

Re: In your best year how many credit cards did you score?

Anonymous — Wed, 19 Sep 2018 15:14:12 GMT

I’ve had 10 approved Credit cards this year so I’ll say this year has been my best year in terms of approvals.

Re: In your best year how many credit cards did you score?

Anonymous — Wed, 19 Sep 2018 15:33:26 GMT

2017 - NFCU CLOC & Cash Rewards and PenFed Cash Rewards. $5k combined starting limits increased to a combined $43,500 roughly 3 months later.

Re: In your best year how many credit cards did you score?

wasCB14 — Wed, 19 Sep 2018 15:39:23 GMT

@Anonymous wrote:
While it may go against the grain of this thread and the overall thread title, I think it's important to consider quality over quantity. The thread title suggests we're just talking quantity (sheer number of cards) but I think quality should also be a consideration. One measure of quality could be combined credit limits.

Rupert may be approved for 10 cards in 1 year with combined total limits of $10k, meaning that his approvals averaged $1k apiece.

Cornelius me only be approved for 4 cards in 1 year, but his combined total limits are $50k. Thus, his average approval was $12,500.

Who above had the "better" year? Either answer can be argued. I just offer this different perspective on the discussion.

For me, bonus value (less AFs paid or whatever) would be a better metric.

I'd have little interest in 10 $1k store cards...but 10 $10k CU cards that give me a small bonus plus 1.5% cash or whatever would also be pretty unappealing (compared to 5 50k or 100k offers).

Re: In your best year how many credit cards did you score?

xaximus — Wed, 19 Sep 2018 15:47:14 GMT

I've added in the last 2 years - probably about 10 cards. TCL jumped from around 30k to 150k. I didn't really bother too much with credit since I didn't need it but figured I should get a few good cards for different things. I'm in a clean-up/consolidate phase now. I have a few that are overlapping/redundant that I will be either a - PCing to something else (if possible), or b - combining into another and closing.

Re: In your best year how many credit cards did you score?

Anonymous — Wed, 19 Sep 2018 16:20:54 GMT

My best year is this year at 0 cards which has done wonders for my scores and profile, might add a 2nd Discover for another round of cashback match but not in a terrible rush.

Edit: Forgot about closing BCP last month so I'm actually -1 for the year.