Re: How many credit card is too many?

Anonymous · ‎05-31-2013

I currently have 5 credit card and citi wont give me an increase on my current citi thank you card but will give me $2500 on a new citi dividend card should i take this card or is 6 cards considered tooo many card?

tcbofade · ‎05-31-2013

Too many? That's up to you.

Between DW and I, we have 43, and she's applying for two more tomorrow.

Don't take on more than YOU are OK with.

Fico 8 8/01/25: EX 802, EQ 804, TU 800.
Fico 9: EX 812 04/15/25, EQ 804 04/08/25, TU 792 02/15/25.

Zero percent financing is where the devil lives...

pt310 · ‎05-31-2013

I just added 4 in the last 2 weeks to bring my total to 11.

RSCo · ‎05-31-2013

@tcbofade wrote:
Too many? That's up to you.

Between DW and I, we have 43, and she's applying for two more tomorrow.

Don't take on more than YOU are OK with.

W H O A!! Nice.. How do you manage all the due dates? I have 16 and that's too much..

$30,500

$18,500

NPSL

$15,000

$10,000

$25,000

$32,000

gsxrgt · ‎05-31-2013

I have 9 so far. Planning to add twoo more and call it quits.

Chase Ritz 20.5K, Freedom 11K, Chase Marriott 11K, Citi Prestige 12.5K, Citi Aadvantage Platinum 10.5k, Barclay US Airways 12.5k, Discover IT 12.7K, Amex BCP 23K, Amex PRG, Penfed Platinum Rewards 11K, Penfed PLOC 25k

Anonymous · ‎05-31-2013

wow how do you all do it i keep hearing people get denied for too much credit too many credit card how do u manage to get 43

CardsLifeLine · ‎05-31-2013

I have 26 and I am in garden now ... I want CSP and I will wait for another 1 year in garden to get it ...

USBank Cash+(14K)/Penfed Rewards Visa Sigg (25K)/ Penfed Promise card (5K)/ Penfed Amex Travel Rewards card(20K)/AMEX ZYNC (NPSL)/AMEX Startwood(9K)/AMEX COSTCO(5K)/AMEX EVERY DAY (10K)/AMEX HILTON HONOURS (8K)/CHASE FREEDOM(4K)/Chase Salte(12K)/AMEX Fidelity Investments(7.5K)/BOA Better Balance Rewards(5K)/BoA Travel Signature Card (10K)/BoA rewards cards (15K)/AMEX MACYS(6K)/Barclaycard Rewards(3K)/Salie Mea (5K)/DISCOVER IT(7K)/ DCU VISA Platinum Card(7.5K)/PAYPAL MASTER CARD(8K)/GAP(4.5K)/US Bank Flex Rewards (6K)/ Best Buy (4k)/Gymbore Visa card(6K)/ TARGET(600)/CHILDREN PLACE(900)/WALMART DISCOVER(8K)/TOY R US MASTER CARD(8K)/JCP(4K)/KOHLS(400)– Total 31 Cards

parakleet · ‎05-31-2013

@Anonymous wrote:
wow how do you all do it i keep hearing people get denied for too much credit too many credit card how do u manage to get 43

Really depends on a person's overall credit profile - if it's long and stable and the income supports it, it's completely possible to have as many cards as you can manage. That's why I plan on keeping an Amex to help with AaoA.

Gardening since 7/16/14
Current: EQ 711 7/13/14; EX 724 TU 721 6/19/14
Goal: 760+

mcf · ‎05-31-2013

You can never have too many credit cards as long as you need and use them, i tell you its tough to use them all all the time. I have heard if anyone knows more to elaborate, that some CCC will not issue but so many with them.. I dont know the number and maybe noone does but id say maybe 5 with one issuer would be about right..

Starting Score:567Walmart TU 701, Credit Sesame 722, credit secure 701 credit karma 694Last Score: 689 TU/Walmart CK 645 Goal Score:800 CLUB
Last HP:2/2015 Util:9% CL:82KTake the myFICO Fitness Challenge

mcf · ‎05-31-2013

@RSCo wrote:
@tcbofade wrote:
Too many? That's up to you.

Between DW and I, we have 43, and she's applying for two more tomorrow.

Don't take on more than YOU are OK with.
W H O A!! Nice.. How do you manage all the due dates? I have 16 and that's too much..

There is a nice site like manilla, maybe you knew that or not just puttin it out there.. food for thought!

Starting Score:567Walmart TU 701, Credit Sesame 722, credit secure 701 credit karma 694Last Score: 689 TU/Walmart CK 645 Goal Score:800 CLUB
Last HP:2/2015 Util:9% CL:82KTake the myFICO Fitness Challenge

How many credit card is too many?

Get your FICO® Score for free

How many credit card is too many?