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my card portfolio and where do I go next?

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saaws
New Contributor

my card portfolio and where do I go next?

last half a year, Prime Ville has been kind to me. I haven't paid any interest for over 6 months.  However, with 4 new accounts opened within last 6 months and my EQ fico is sitting at 700, mostly from decreased average age of accounts and amount of new credit.

 

Amex: Blue Cash preferred, Platinum Charge

Chase: Sapphire Preferred, Freedom, United MileagePlus Select Visa, Ink Bold

Discover: More

BoA: Platinum Visa (no Rewards, AF, oldest account though)

HSBC/Cap 1: Rewardzone Mastercard (no AF)

GEMB Amazon retail card

 

Where do I go next? I guess the noticeable lack is the lack of Hotel Cards and maybe credit union cards with a low APR.  I just did a 90day trial thing with Hyatt via Visa Signature and hope to grab 2 suite confirmed upgrades through Chase Hyatt card..  but my average age of accounts is now sitting at 1.5 years and any more card might hurt me too much and potential FR with Amex. I have an income with mid 5 figures but since I am self-employed and filed my first tax income last year, so I dunno how I will be able to survive Amex FR if happened.  I spend more than my income because I book for my parents and receive funds from them when they travel to US or to Europe. Should I garden for now since there's no amazing Sign up offer currently?

EQ 734 (2010/09) 680 (2011/08) 700 (2012/04) 701 (2013/01) | EX 737 (2011/09 AMEX) | TU 755 (2010/09) 721 (2011/09)
Amex Platinum NPSL / Blue Cash Preferred $10K | BofA Visa $9K | Discover More $8.5K | Cap1 Best Buy MC $7K | Chase Ink Bold $12.5K / Sapphire Preferred $5.5K / MileagePlus Select Visa $5K / Freedom $2K | Dell Store $3K
Message 1 of 8
7 REPLIES 7
Anonymous
Not applicable

Re: my card portfolio and where do I go next?

no backdating to help out?  everything is 'new'?

 

I recently became AU on a Citi for work (but its their personal account) and it shows on my CR as 2010 (but I have Amex backdated personally to '91 so pffftt lol)

 

Otherwise I suppose garden time until a hot offer comes in.  Like 35k miles on 750 spend for a Delta Gold Amex which I just did Smiley Happy

Message 2 of 8
Anonymous
Not applicable

Re: my card portfolio and where do I go next?

Unless some killer sign-up bonus comes along, I don't see why you would want any more credit cards. Just wait it out.

Message 3 of 8
Revelate
Moderator Emeritus

Re: my card portfolio and where do I go next?

There will probably be more signup bonuses coming before they start dropping their underwriting requirements.

 

That said, if I had even half those tradelines you have, I'd be done.




        
Message 4 of 8
espnjunkie
Established Contributor

Re: my card portfolio and where do I go next?

You are already paying hefty amounts in annual fees for the cards you have (450.00 for plat, 75.00 for BCP, 95.00 for CSP, 95.00 for MP Explorer, etc) so in order to really be getting any value out of your rewards cards it would be better to just pick one or two cards and use them for everything. Adding more cards just dilutes the value really.

“The real measure of your wealth is how much you’d be worth if you lost all your money.” ~Unknown
Citi Prestige World Elite Mastercard ($35,000.00), Merrill+ Visa Signature ($25,000.00), Amex BCP ($29,700.00), Amex Green (NPSL), Capital One Quicksilver World Mastercard ($10,000.00), Chase Ink Business Bold (NPSL)
TU-778 (12/03/2014))
EX (Plus) - 777 (10/21/2013)
EQ - 735 (April 2013)
Message 5 of 8
Smug
Established Contributor

Re: my card portfolio and where do I go next?

I am in the same boat as you scores in the low 700s and these are my trade lines, many CLI have not yet posted Photobucket Pictures, Images and PhotosMy Amex does not show and missing about 10K in CLI that will not hit to next month.
Experian® 808/Equifax® ?/TransUnion® 810
Baddies Experian® clean/Equifax® 1/TransUnion® Clean
Last CLI 6-13-2013
Total Credit $121,190.00
Goal 780!
Message 6 of 8
Revelate
Moderator Emeritus

Re: my card portfolio and where do I go next?

No Chase or Citi product Smug?!? Your life is not complete! Cat Wink




        
Message 7 of 8
Smug
Established Contributor

Re: my card portfolio and where do I go next?

Still have some baddies, so don't want to app until 2014' then I will add one of each
Experian® 808/Equifax® ?/TransUnion® 810
Baddies Experian® clean/Equifax® 1/TransUnion® Clean
Last CLI 6-13-2013
Total Credit $121,190.00
Goal 780!
Message 8 of 8
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