I have 10 open and two of these are secured. I will drop the secures and plan on keeping 10 cards. May go up to 12 but that's my internal limit. For FICO scoring 3 gives you most pts but after three I don't think you are penalized any.
Whether or not future companies will deny u credit based on how much existing credit has been the topic of debates here.
Whether or not future companies will deny u credit based on how much existing credit has been the topic of debates here.
Once they're paid off and I'm financially stable, the perfect number will be three. An Amex, Visa, & MC. My remaniing cards will be closed or shredded.
I only app for cards that will benefit me or fulfills a need. I thought about being happy with 1 Visa, MC and so one but I also like the flexibility of utilizing some cc's for points/bts etc. Also, there are the random store cards like Walmart for the free TU score.
In the end, it's truly personal. As long as you can handle the credit - keep your util low then your CS will be fine.
In the end, it's truly personal. As long as you can handle the credit - keep your util low then your CS will be fine.
I have 6, which is too many... but they serve a purpose...
Navy Fed, just to have a nice limit and some cash back rewards, low APR, and nice BT offers.
Discover, keep it open due to account history and because its my oldest account. Cash back is nice, as is Shop Discover and Discover Travel Desk. Impeccable customer service... a good card.
Amazon... Amazon rewards 3% on amazon, 2% on gas, drugstores, and restaurants. This is my restaurant and Amazon card.
Lowes... Lowes rewards 7%, and to keep business expenses sepearate from personal, the limit is much higher than I need, but oh well.
PRG... groceries, gas, and travel rewards... all are things my family does a lot of... also, NPSL, so I can charge as much as I need to in order to take care of things. My annual spend is over 30k gets me a 15000 MR point bonus.
Zync... nostalgia, and an open positive tradeline to help my husband re-establish good credit.
FICO 9: 
Filed Chapter 13 on 6/1/2017 after job loss. Discharged 6/1/2022.
Goal: Gardening!
Filed Chapter 13 on 6/1/2017 after job loss. Discharged 6/1/2022.
Goal: Gardening!
@zeusta20 wrote:
@webhopper wrote:I have 6, which is too many... but they serve a purpose...
Navy Fed, just to have a nice limit and some cash back rewards, low APR, and nice BT offers.
Discover, keep it open due to account history and because its my oldest account. Cash back is nice, as is Shop Discover and Discover Travel Desk. Impeccable customer service... a good card.
Amazon... Amazon rewards 3% on amazon, 2% on gas, drugstores, and restaurants. This is my restaurant and Amazon card.
Lowes... Lowes rewards 7%, and to keep business expenses sepearate from personal, the limit is much higher than I need, but oh well.
PRG... groceries, gas, and travel rewards... all are things my family does a lot of... also, NPSL, so I can charge as much as I need to in order to take care of things. My annual spend is over 30k gets me a 15000 MR point bonus.
Zync... nostalgia, and an open positive tradeline to help my husband re-establish good credit.
Wait....am I missing something. How can spending over 30k get you 25K bonus points? Is there an annual bonus for the PRG? If so, I had NO IDEA. And I look this card up frequently as I'm thinking about converting to that card. Just not sure if the AF is worth it.
Yes, there is an annual bonus of 15000 MR points if your annual spend exceeds 30k. Last year my Zync spend was 40k, so I decided to pick up PRG and go after those poitns.
In my opinion you should upgrade Green to PRG, and downgrade CSP to plain Sapphire. That's what I would do if I were to change your wallet to fit my needs without opening or closing any accounts.
FICO 9:
Filed Chapter 13 on 6/1/2017 after job loss. Discharged 6/1/2022.
Goal: Gardening!
Filed Chapter 13 on 6/1/2017 after job loss. Discharged 6/1/2022.
Goal: Gardening!