Komp, how long ago was that? According to the article I read it's a very recent change. I wonder if the calls were to ask you to reallocate some of your credit lines to open the card?
@AverageJoesCredit wrote:
Just curious, why would someone want so many revolvers and especially so much exposure with one lender? Please dont shoot the questioner lol, just wondering what 1 or 2 couldnt do that 4,5, or 6 could?
For most people, a few Amex revolvers (or even 1) is enough. The caps applied to all cards personal and business, though. Not unforeseeable that someone running a business may have a Blue Business Plus, Starwood, and Delta card for their business spending, and then have a Starwood and Delta card on the personal side, and decide that the Blue Cash Preferred may give them some cash back on their household purchases.
I mean... if I was going for the ultimate Amex kit, I might go for a ED(P), BC(E/P), Delta, SPG, and I guess Hilton. That's five.
Any more than that and you're doubling up.
@AverageJoesCredit wrote:
Just curious, why would someone want so many revolvers and especially so much exposure with one lender? Please dont shoot the questioner lol, just wondering what 1 or 2 couldnt do that 4,5, or 6 could?
This isn't an Amex-related answer, but your question also didn't specify Amex. For optimum spend, I can see 4 Chase cards being ideal (maybe more and I just can't recall): CSR for travel/dining, Freedom for the 5% category, Ink Business Preferred for service bills like internet and phone, and CFU for all other things.
