Diversification?

[ccsauer]

Ok, so, I have 2 mastercards and a Visa, and I am looking to get a 4th card. Would it behoove me to get a Discover card or an Amex? Or does it matter if i just, say, get another Visa?

Any pros/cons?

[Anonymous]

What are your goals? What are you trying to accomplish?

Score? UTL?Rewards? 

[ccsauer]

Oh, I'm sorry. No info! Heh

Ok: My scores are currently in the low 700's. Last I checked, which was 2 months ago, I was at 714, 725, 740 for experian, equifax, TU

My goal for getting a new card would be that my 0% on my current card is running out and I have not quite rid myself of the debt in that card.

My concern is that if I just go with a visa or MC, i could be missing out on raising my score by instead going with Discover or AmEx, but I have no idea if that even matters.

I would, if possible, like cash back rewards or something, too.

Oh, I also want a larger credit limit, 8-10,000 or so

Thanks!

[Anonymous]

I don't revolve balances- so I hope someone can chime in with the latest 0% APR offers going around- 

Rewards and BT's don't mix too well as the payment goes to the lowest APR first- so a purchase kills the BT offer.

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ccsauer wrote:
Oh, I'm sorry. No info! Heh

Ok: My scores are currently in the low 700's. Last I checked, which was 2 months ago, I was at 714, 725, 740 for experian, equifax, TU

My goal for getting a new card would be that my 0% on my current card is running out and I have not quite rid myself of the debt in that card.

My concern is that if I just go with a visa or MC, i could be missing out on raising my score by instead going with Discover or AmEx, but I have no idea if that even matters.

I would, if possible, like cash back rewards or something, too.

Oh, I also want a larger credit limit, 8-10,000 or so

Thanks!

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[Anonymous]

Citi is offering a 0% BT for a year right now, downside they charge a 3% BT fee.  I think Wamu has 0% offer, but they don't have an onine application on there site anymore.  I am sure Cap 1 or Chase has them also, check there sites.  Hope that helps!

[ccsauer]

Look, my question was not what kind of cards are out there and what should I get, I was just asking if getting a discover or amex card would help my credit in the long run rather than getting another visa or MC. Anyone know?

[fused]

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ccsauer wrote:
Look, my question was not what kind of cards are out there and what should I get, I was just asking if getting a discover or amex card would help my credit in the long run rather than getting another visa or MC. Anyone know?

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There is absolutely no difference in FICO scoring between Amex, Discover, MC and Visa. All four are major cards and they are treated/scored equally. Store/gas cards are given less weight in scoring, however.