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How people view your CC usage.

tag
MoreRewards
Established Contributor

How people view your CC usage.

OK so I do have several cards (more than I want) but I only use a few.  

I also had recent approvals for BCE & CSP. I shared with friends as I was so excited.  One of my best friends congratulated me & all but they did go on to say that's a lot of cards. . . Why do you need so many?  They just keep giving you cards. . Doesn't it feel weird living on credit cards? 

 

Do people ever have reactions to the amount or usage of your cards? 

EQ 773 * EX 786 * TU 797
Message 1 of 36
35 REPLIES 35
Peteyglad
Established Contributor

Re: How people view your CC usage.

I dont think anyone besides my fiance knows how many cards I have. She knows I have a different purpose for each card to maximize rewards. 

Chase Sapphire Preferred 20k | Amex Delta Platinum 20k | Amex Hilton Aspire 20k | US Bank Cash+ 25k | Chase Amazon Prime 25k | Barclaycard Aviator Red 40k | Bank of America Alaska Airlines 42k | Chase Marriott 50k | Discover It 50.3k | Amex EDP 52k | Citi Thank You Premier 56K | Bank of America BBR 57.9k
Message 2 of 36
ExplicitElicit
Established Contributor

Re: How people view your CC usage.

Well I'm young, so when I pay in front of my friends (whom still use debit for everything) they tend to ask me if I'm having money problems or ask if I'm okay when I pay credit. I tell them it's the exact opposite and each of my cards have a different use, but in the end they all get paid every month. 

Message 3 of 36
youngandcreditwrthy
Senior Contributor

Re: How people view your CC usage.

My friends always ask me how I have such good credit.... They also joke that I have a Black Card (the metal Marriott one!) lol I give them tips on getting big clis, which lenders pull hard pulls, etc. I remind them to pif unless there is 0% apr. I explain statement cut date and how to keep balances at zero on CR.

The thing with certain cards is that you have to be financially smart to get a card imo (ie have a good to excellent credit history!) Ive never had an issue with anyone thinking Im living om credit.
My friends have also noticed my borderline lavish and multiple vacations(3-4 a year) resulting from rewards cards and bonuses!! They certainly peaks their interests. Lol
Marriott PR$25k | BCE $24.5K |BankAmericard Visa $25k| BOA Better Bal $17.5k |Wmt Discover $12.5k | BR Visa $17.5k | Amex Delta Gold $10k | Discover IT $10k | Paypal Extras MC $15k | Amazon Store $10k|Smile Gen $7.25k | Dillard's $10k | West Elm $4k| Express $3.05K | Mypoints.com Visa $4.5k | Freedom Visa $1k| Amex Surpass $1k
Message 4 of 36
MoreRewards
Established Contributor

Re: How people view your CC usage.

Yes it seems if you use credit some people think you need to.
I do try to help people & share info abouts rewards / PIF. But some still act like CC are the devil.
EQ 773 * EX 786 * TU 797
Message 5 of 36
youngcreditcarduser
Established Member

Re: How people view your CC usage.

I tell a few friends about my credit cards and sometimes they ask if I have money trouble, almost all of my friends (about 22 years old) only use debit cards and have no credit history which has turned ot problematic for them as they have to make high deposits when applying for apartments and utilities. I try to convince them that its simple to use credit cards as long as you keep up with the bills and often rewarding but they still seem to have a bad stigma following them. 

FICO Score: 792
Cards: AMEX Platinum, Citi Forward, Amazon Rewards, Southwest Rapid Rewards Preffered, Discover IT
Message 6 of 36
mattmix36
Contributor

Re: How people view your CC usage.

It depends on the crowd you hNg out with. My mom's side of the family typically has a bad view on credit cards and assume I'm in massive debt. My dad's side of the family assumes I have awesome credit...and my friends think I'm Bruce Wayne when they see my wallet.

My Wallet: AMEX Platinum | Citi AAdvantage Exec $20k | Chase Marriott Rewards Premier $12k | United MileagePlus Club 8k | FNBO $25k | Chase Military Officers Club $9k | Discover IT $5.5k | BankAmericard $30k | PENFED Platinum Cash Rewards $10.5k | Barclay Rewards $6.15k | USAA AMEX $15k | USAA MC $16k | NFCU Flagship Rewards $25k | Logix $15k | Chase Ink Cash $12k | Paypal MC $5k | Walmart Discover $5.4k | Chase Freedom $2k | Sallie Mae $2k | Target RedCard $300 | JP Morgan Ritz-Carlton Rewards $5k | BoA Alaska $1k

Message 7 of 36
j_casteel
Valued Contributor

Re: How people view your CC usage.

Credit or credit cards are never the topic of discussion with my friends. We all have em but don't know any specifics about each other.
Learning from my past and rebuilding..

BK discharged 1/10/17
scores: EQ 659 | TU 630 | EX 659

QS 3.8K | WF 500 | Cabela's 3k | ACU 500 |

Message 8 of 36
mattmix36
Contributor

Re: How people view your CC usage.

I was at lunch with a couple of my friends/coworkers t a couple of weeks ago. One friend pays with debit, the other pays with freedom. I tell my freedom friend that his card is a good deal like my discover getting 5% back in category spending. My debit friend says "I had no idea you can get a card with 5% back....what a newb.

My Wallet: AMEX Platinum | Citi AAdvantage Exec $20k | Chase Marriott Rewards Premier $12k | United MileagePlus Club 8k | FNBO $25k | Chase Military Officers Club $9k | Discover IT $5.5k | BankAmericard $30k | PENFED Platinum Cash Rewards $10.5k | Barclay Rewards $6.15k | USAA AMEX $15k | USAA MC $16k | NFCU Flagship Rewards $25k | Logix $15k | Chase Ink Cash $12k | Paypal MC $5k | Walmart Discover $5.4k | Chase Freedom $2k | Sallie Mae $2k | Target RedCard $300 | JP Morgan Ritz-Carlton Rewards $5k | BoA Alaska $1k

Message 9 of 36
E150GT
Frequent Contributor

Re: How people view your CC usage.

my friends think I am obsessive. They made fun of me when I told em I was on a credit card forum. I dont care. They do ask me for credit card advice and credit advicein general when they need it though. 


CSP-$8700, Amex BCE-17.2k, Chase Freedom-$5700
Discover It-$6600, USAA MC-$5900 Ink Bold- $12k United Explorer-$5k
Message 10 of 36
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