@Open123 wrote:I have both.
Why I like Charge cards:
1. Amex NPSL is without peer for large charges static CLs aren't able to accomodate.
2. Doesn't affect Utility.
3. Amex Charges have certain benefits their revolvers do not.
Why I like Revolvers:
1. Some of the best rewards cards and sign up bonuses are offered only in the form of revolvers.
2. 0% promo - love cheap & free money.
3. Fico score maximization.
However, all things equal, I'd rather have a Charge card if it offered similar rewards to, say, an SPG, CSP, or Ink. In general, I just dislike the conept of having a limit.
So basically like the federal government.. Gotcha 
.. I think our current administration is aiming for 20 trillion before they leave or get kicked out of office 
. Only if Amex would float that NPSL and not the tax payers, hmm.
@CreditCuriousity wrote:
@Open123 wrote:I have both.
Why I like Charge cards:
1. Amex NPSL is without peer for large charges static CLs aren't able to accomodate.
2. Doesn't affect Utility.
3. Amex Charges have certain benefits their revolvers do not.
Why I like Revolvers:
1. Some of the best rewards cards and sign up bonuses are offered only in the form of revolvers.
2. 0% promo - love cheap & free money.
3. Fico score maximization.
However, all things equal, I'd rather have a Charge card if it offered similar rewards to, say, an SPG, CSP, or Ink. In general, I just dislike the conept of having a limit.
So basically like the federal government.. Gotcha
LOL...With one major difference, I plan to settle all my debts within 30 days, and in full!
@Open123 wrote:
@CreditCuriousity wrote:
@Open123 wrote:I have both.
Why I like Charge cards:
1. Amex NPSL is without peer for large charges static CLs aren't able to accomodate.
2. Doesn't affect Utility.
3. Amex Charges have certain benefits their revolvers do not.
Why I like Revolvers:
1. Some of the best rewards cards and sign up bonuses are offered only in the form of revolvers.
2. 0% promo - love cheap & free money.
3. Fico score maximization.
However, all things equal, I'd rather have a Charge card if it offered similar rewards to, say, an SPG, CSP, or Ink. In general, I just dislike the conept of having a limit.
So basically like the federal government.. Gotcha
LOL...With one major difference, I plan to settle all my debts within 30 days, and in full!
Hahahahah awesome. I like your reasoning, btw.
@Open123 wrote:I have both.
Why I like Charge cards:
1. Amex NPSL is without peer for large charges static CLs aren't able to accomodate.
2. Doesn't affect Utility.
3. Amex Charges have certain benefits their revolvers do not.
Why I like Revolvers:
1. Some of the best rewards cards and sign up bonuses are offered only in the form of revolvers.
2. 0% promo - love cheap & free money.
3. Fico score maximization.
However, all things equal, I'd rather have a Charge card if it offered similar rewards to, say, an SPG, CSP, or Ink. In general, I just dislike the conept of having a limit.
Of course, you DO have a limit. it just changes without you usually knowing...
Personally I prefer having a couple of cards with $30K limits on each.
@Themanwhocan wrote:
@Open123 wrote:I have both.
Why I like Charge cards:
1. Amex NPSL is without peer for large charges static CLs aren't able to accomodate.
2. Doesn't affect Utility.
3. Amex Charges have certain benefits their revolvers do not.
Why I like Revolvers:
1. Some of the best rewards cards and sign up bonuses are offered only in the form of revolvers.
2. 0% promo - love cheap & free money.
3. Fico score maximization.
However, all things equal, I'd rather have a Charge card if it offered similar rewards to, say, an SPG, CSP, or Ink. In general, I just dislike the conept of having a limit.
Of course, you DO have a limit. it just changes without you usually knowing...
Personally I prefer having a couple of cards with $30K limits on each.
This will change as well before you get to the 30k as well depending on how long it takes you to reach those limits.. No limits are set in stone and evolve constantly depending on circumstances .
Say you make 50k and you are approaching a 30k limit, my money is on the lender is starting to shake and will act accordingly and cut the limit then start to balance chase you most likely.