3 Navy Federal CC' s in the mix. I knew someone around here pulled that off. 
12 Njoy THATS WHO
@Anonymous wrote:
@ridgebackpilot wrote:Forgive me; maybe I'm missing something here, but what's the purpose of having $1M in credit card lines? Do you want to buy a house using your cards? I assume you'll never actually need to use that kind of spending limit. Honestly, $1M in investments would be more impressive...
I doubt 12njoy did this to impress anyone, but I'm surprised you're so dismissive. I'm 100% positive there is someone commenting positively in this thread that has well over $1mm in net worth. That doesn't make this achievement any less impressive or less interesting, just different. For me, the most encouraging part is to see that I could push my total CL well above my annual spending or annual income despite both of them being well above average. It's nice to know where things start to get hard and what you need to do to keep the ball rolling.
The reality is that we all have goals, and I respect anyone that walks a difficult path likes this. 12njoy made a choice, and I'll be cheering all the way across the finish line.
Kudos
(Formerly known as: Credit is my hobby (1.6M)/TCL objective)
@ridgebackpilot wrote:Not dismissive, just curious as to why the OP wanted $1M in CL? Sounds as if he's like a mountain climber who seeks the summit "because it's there". Who are we to judge the merits of this? As others have pointed out, no reason is really necessary! OP is clearly proud of his achievement, or he wouldn't have posted it here. I'm just struggling to understand why he wants literally dozens of cards he never intends to use...
I doubt 12njoy did this to impress anyone, but I'm surprised you're so dismissive. I'm 100% positive there is someone commenting positively in this thread that has well over $1mm in net worth. That doesn't make this achievement any less impressive or less interesting, just different. For me, the most encouraging part is to see that I could push my total CL well above my annual spending or annual income despite both of them being well above average. It's nice to know where things start to get hard and what you need to do to keep the ball rolling.
The reality is that we all have goals, and I respect anyone that walks a difficult path likes this. 12njoy made a choice, and I'll be cheering all the way across the finish line.
Personal choice. I see this wouldn't work for you, but it does for me
@Anonymous wrote:
@12njoy wrote:
@ridgebackpilot wrote:Forgive me; maybe I'm missing something here, but what's the purpose of having $1M in credit card lines? Do you want to buy a house using your cards? I assume you'll never actually need to use that kind of spending limit. Honestly, $1M in investments would be more impressive...
Not a problem. To each his/her own. You say what's the purpose, it's simply because I want to see if I can do it. It's kind of like the person who doesn't believe in credit asking why you have any credit -vs- cold hard cash. It's because that's your choice. $1M in investments might be impressive for you and if you have that or are obtaining that, congratulations. My goals are strictly for me and not necessarily for the pleasure of others. I wish everyone success on their own individual goals. No I will never use it, but I want it.
Congratulations 12njoy!! You are rockin!!
Thanks Donny
@Anonymous wrote:12njoy- how long has it taken you to accomplish this? Is Chase the only creditor that did AA? What is your typical across the board utilization.
This is a HUGE accomplishment!
5 years