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too many or too little?

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Anonymous
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too many or too little?

Hi everyone here are the cards i currently have:

 

Discover IT $1,600

Chase Freedom $500 

Citi Double Cash $1,500

Capital One Quicksilver $750 

 

 

I wanted to know if there is anything that I should add or remove?

 

I'm trying my best to increase my score and get higher CLIs because these are just too low for me. I'm not sure exactly how to manage these cards as well.

 

 

4 REPLIES 4
AverageJoesCredit
Legendary Contributor

Re: help -- how to? too many or too little?

I think your lineup looks solid. I just recomend using them and making ontime payments. As your score increases youll get better limits. Discover is sp for cli , so you can always hit that once a month to see what kind of schedule yoy are on. Citi Dc can give you cli sp increases every 6 months once the ball starts roliing.

If i were to add if probably get a Bank of America card for they can be generous on cli even though hp and they give nice bt options to use when needed. Also a credit union like Penfed or Navy might be a nice addition if you can join, Navy maybe harder due to rrstrictions though PF anyone can joinSmiley Happy
Message 2 of 5
Anonymous
Not applicable

Re: help -- how to? too many or too little?

Youve got good stuff.  Let those age and grow, you dont need anything else (except maybe a travel card like venture)

 

At your age all you can do is give it time.  At best youd have a few years in, and the big limits dont start hitting for quite a few years as ive seen.

 

You wanna talk baby limits, check mine Smiley Tongue

 

Youve got this.  Youve got three of the best cards out there (chase freedom, citi double, and discoverit)

 

I wish I could trade with you.  (your "arsenal" looks very similar to my ultimate goal actually, to have five rock solid cards, but first I have work to do to get back up out of the derog/short history pit)  Most of my cards will be gone and replaced in a couple years.

 

Message 3 of 5
Anonymous
Not applicable

Re: help -- how to? too many or too little?

Here is a similar thread that you might find helpful.   http://ficoforums.myfico.com/t5/Credit-Cards/Opinion-about-my-Cards/m-p/5068459
Message 4 of 5
Anonymous
Not applicable

Re: help -- how to? too many or too little?

If you don't have an installment loan of some type look into an Alliant SSL or selflender loan. Other than that, use the cards, earn rewards, pay on time, keep tapping the luv buttons, and age the accounts like a fine wine.
Message 5 of 5
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