As the end of the year nears, wanted to know everyone's experience acquiring or deleting credit card accounts. I started in February, on my day off, and happened on these forums while considering what to do about my student loans. Here are my stats.
Held prior to 2018
Navy platinum 10k
USAA Rate Advantage 500
Capital one 1500
Citibank Preferred (au)
Discover IT (au)
Navy Cashback rewards
USAA 101st visa
USAA Cashback Rewards
Ducks Unlimited Visa
USAA Rate Advantage
Fico scores pre 2018- 574-601....current 709-740
Big thank you to everyone here with the unlimited info and constructive criticism. Beats paying someone $2000 to “fix” their credit and still would be not informed when it comes to finance, student loans and mortgages. DW gets a big thanks for trusting me and the process. I was able to start on the path to credit health through her acquiring credit cards, putting me as an AU and BT my high interest debt onto 0% credit cards. Not all was great. AAoa took a big hit and inquires up the wazoo. Lol. Wanted to know everyone’s experience.
Acquired prior to 2018
Cap1 Plat (QS benefits) - $6250
Ollo - $1000
PlayStation - $2000
CLI on Cap1 $6250 -> $8250
AMEX BCE - $1000
Discover It - $7500
SSFCU Power Cash Back WMC - $5000
NFCU cashRewards - $3000
BBVA Compass ClearPoints - $2000
Scores haven’t really changed that much.
EX 663 in March, 671 now
TU 637 in March, 647 now
Didnt have EQ score access until I got Navy but they use 09 - 676 now.
Well Pickle juice..
I don't have a clue how y"all remember all that!
Maybe I just have brain damage but I can't remember when I got what card.
I recall the last few from this year but I would have to go through my reports for anything beyond that.
I bow to your superior memories!
And hope everyone has a fabulous 2019!! After a VERY Merry Christmas of course.
7 cards at the beginning of 2018
0 new cards added
0 cards closed
7 cards at the end of 2018
Two BoA cards pre 2018. Took CLDs January in order to force myself into a budget.
Added Chase Amazon Prime Visa 2/2018.
Paid off car loan. Slowly paying down HELOC.
Scores in high 700s-low 800s. Not much change there.
I have added only one card per year, pre-2018, and none in 2017.
- Cap1 QS (2013), Chase Amazon Visa (2014), Sam's CLube MC (2015), Delta Platinum Amex (2016)
For 2018, I would have only added: Citi Costco Visa (January), but.....
After lurking and joining this forum mid-2018:
- Paypal Cashback MC (July)
- Uber Visa (September)
- Amex SPG (November)
No deleted or closed account.
(Me: What happened? Now I'm at 4 of 5/24 with Chase? I did not even know what 5/24 was!)
Cap 1 platnum
Acquired in 2018
Chase FU (changed from slate)
WF visa signature
Total CL: ~100k