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If you like Chase then great. A word of advice and I believe many people would agree with me. Don't put all of your eggs in 1 basket.
You are doing it right.
You have a good base of earning, UR are a good point system, and the Freedom Unlimited is an easy choice for everyday spend.
You also have plenty of cards for scoring purposes.
There are a few reports of Chase closing down accounts, but that Adverse Action almost always has a backstory of strange actions / risk factors of the cardholder. As long as you are just using the cards to pay for your regular purchases and paying Chase, there will be no issues.
Trying to move to add more cash back cards, or a different points ecosystem, will only dilute your earnings into UR and the BCE cash. There is no requirement to do such diversification.
The only reason to add other cards would be if those provide specific benefits you do not get already from your lineup. If you travel regularly with one airline, or stay regularly at a hotel chain, that would be an example of a possible reason to get another card. Since you haven't mentioned that, it seems like not a near term concern.
You are fine, don't overthink the diversity thing. I mean, what's the worst case scenario? If Chase suddenly closed all your accounts or something, maybe then you could worry about getting a non-Amex card. But since that is pretty unlikely, don't app for additional cards just for the sake of it. Remember that most consumers use one or two or maybe three cards for everything, and seem to get by just fine.
I also find that the more cards you spend on, you're just diluting your rewards and benefits overall.
@Anonymous wrote:
Are all these amex? If so, wouldn't having a visa come in handy for places that dont take amex?
OP has one AMEX, the BCE.
All the other cards are Chase VISA cards.
You have an Amex card and several Chase cards. You're already diversified.
@UpperNwGuy wrote:You have an Amex card and several Chase cards. You're already diversified.
This (sort of). The risks associated with lack of diversification include:
1) Card shut down. e.g. some fraud activity and the card gets locked. Solution is to have more than one card. You pass that test!
2) Bank shuts you down. An issuer, rightly or wrongly, closes all your cards because you appear to be a bad person. As said above, Chase does do this, but for cause. (The only problem is that sometimes people aren't aware that they are doing wrong, so get surprised). Solution is to have more than issuer. You pass this too.
3) Network issue. The Visa (e.g.) network goes down and no Visa cards work for a time. Solution is to have more than one network, and you pass that too.
Only caveat: if you are spending time out of the country, Amex isn't a great backup against 2 or 3. But 3 is very rare, and usually you would know if 2 is a possibility, so evaluate the effort/cost of getting a new card (MC) against the small risk. Note that you don't really need to use a new card, just have it available.