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How many Credit Cards does the average MF member have?

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woodyman100
Valued Contributor

Re: How many Credit Cards does the average MF member have?


@coldfusion wrote:

Including business and corporate cards, 61 open. 


After my own heartSmiley Very Happy

NFCU-ICCU-EECU-Texas Trust CU-PSECU-DoverFCU-Keystone FCU-HarvardFCU-Keypoint CU-DCUFCU-Union Square FCU-Signature FCU-AODFCU-RedstoneFCU-RRCU-UFCU-USAllianceFCU-ANB-CapitalOne-Regions-Goldman Sachs (Apple)-Barclay-G Bank-Evolve-Fifth Third-Gemini-Huntington-Imprint-USBank-Pinnacle-Cardless-John Deere-Discover-BofA-BofA Biz-Chase-Chase Biz-Amex-Amex Biz-Wells Fargo-Commerce-FNBO-Citi-Citi Biz-Synchrony-Synchrony Biz-Target TD-Third Coast Bank-Trevipay-Truist-UMB-USAA-Amegy-Amegy Biz-Citizens Biz-Comenity-Comenity Biz-Bread -DSNB-Webbank-Bill
Message 41 of 79
FinStar
Moderator Emeritus

Re: How many Credit Cards does the average MF member have?


@woodyman100 wrote:

@coldfusion wrote:

Including business and corporate cards, 61 open. 


After my own heartSmiley Very Happy


I know right?  Smiley Tongue   If we add mine, yours, @Gmood1 and @coldfusion ...I can only imagine the averages Smiley Very Happy

Message 42 of 79
wit2bees
Contributor

Re: How many Credit Cards does the average MF member have?


@coldfusion wrote:

Including business and corporate cards, 61 open. 


I almost didn't answer, there was some low numbers I was feeling judged lol.

 

48 Cards Total

-- 4 Business

_24 Stores

--1 Paypal Credit

--3 Auth




TU 699 EQ 741 EX 767
- total CL = ?
- AAOA = 2.5 years
- Utilization = 9%
- Inquiries = TOOOOOOO MANY
- 50 accounts:
Updated 12/ 29 / 2021
Message 43 of 79
Gmood1
Super Contributor

Re: How many Credit Cards does the average MF member have?

😂😂😂😂

@FinStar @woodyman100 @coldfusion 

 

Yup, we'll certainly skew the average a bit. 😆

I have 73 revolving accounts reporting open and closed per Experian. 

65  actively open with some hidden. 

 

That's a long way from the 2 I had just a short 5 years ago.

Message 44 of 79
Anonymous
Not applicable

Re: How many Credit Cards does the average MF member have?

It would be a nightmare trying to manage that many cards!

Message 45 of 79
Gmood1
Super Contributor

Re: How many Credit Cards does the average MF member have?


@Anonymous wrote:

It would be a nightmare trying to manage that many cards!


It's called autopay.😂

No way would I try to manually pay these cards. I normally have 16 to 18 with a balance each month.

Message 46 of 79
Anonymous
Not applicable

Re: How many Credit Cards does the average MF member have?

I actually have a spreadsheet with the credit limit, balance, date due, min pay, what was paid last month, when my last cli was, credit they pull, soft or hard, and anything else I want notes about. I pay one weeks bills at a time every Monday. All manually no autopay. My wife says I'm crazy. She autopays all of hers. 

Message 47 of 79
Gmood1
Super Contributor

Re: How many Credit Cards does the average MF member have?

@Anonymous 

Don't let that manual pay bite you in the rear. It's happened to the best of us. Lol

Only takes one slip and it could be 45 points and 7 years later before you recover.😉

Message 48 of 79
woodyman100
Valued Contributor

Re: How many Credit Cards does the average MF member have?


@Gmood1 wrote:

😂😂😂😂

@FinStar @woodyman100 @coldfusion 

 

Yup, we'll certainly skew the average a bit. 😆

I have 73 revolving accounts reporting open and closed per Experian. 

65  actively open with some hidden. 

 

That's a long way from the 2 I had just a short 5 years ago.


186 total. Active is maybe in the 50's 

NFCU-ICCU-EECU-Texas Trust CU-PSECU-DoverFCU-Keystone FCU-HarvardFCU-Keypoint CU-DCUFCU-Union Square FCU-Signature FCU-AODFCU-RedstoneFCU-RRCU-UFCU-USAllianceFCU-ANB-CapitalOne-Regions-Goldman Sachs (Apple)-Barclay-G Bank-Evolve-Fifth Third-Gemini-Huntington-Imprint-USBank-Pinnacle-Cardless-John Deere-Discover-BofA-BofA Biz-Chase-Chase Biz-Amex-Amex Biz-Wells Fargo-Commerce-FNBO-Citi-Citi Biz-Synchrony-Synchrony Biz-Target TD-Third Coast Bank-Trevipay-Truist-UMB-USAA-Amegy-Amegy Biz-Citizens Biz-Comenity-Comenity Biz-Bread -DSNB-Webbank-Bill
Message 49 of 79
Gmood1
Super Contributor

Re: How many Credit Cards does the average MF member have?


@woodyman100 wrote:

@Gmood1 wrote:

😂😂😂😂

@FinStar @woodyman100 @coldfusion 

 

Yup, we'll certainly skew the average a bit. 😆

I have 73 revolving accounts reporting open and closed per Experian. 

65  actively open with some hidden. 

 

That's a long way from the 2 I had just a short 5 years ago.


186 total. Active is maybe in the 50's 


😆😂😂😂😂

@woodyman100 

Wow!!!

I've got 18 reporting that are closed. You're the man!!

Message 50 of 79
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