How Many Credit Cards Do You Have?

[steve dave]

Hold on, the driver gets a bid YOLO on the waves

[steve dave]

This will probably be the only time you banana boat with a prince of kuwait, soak it in

[steve dave]

Amex has a new 35% transfer bonus to BA. Not as good as their previous 50% offer but still pretty nice. Could be a good time to unload your 50k gold bonuses. 50k = 67.5k Avios

[Mikeyis4dcats]

Random contribution to the thread, the idea that you can't apply/have a bunch of credits cards and get a (large) home loan is an absolute myth.

it's a myth that (most) won't get approved for a mortgage, but you do run the risk of higher rates.

[The Tonya Harding of Twitter Users Creep]

Finally stopped being butthurt and sucked it up. Got a shitty Capital One card with a terrible limit and even more laughable APR. No big deal I guess... gotta start somewhere.

[michigancat]

Finally stopped being butthurt and sucked it up. Got a shitty Capital One card with a terrible limit and even more laughable APR. No big deal I guess... gotta start somewhere.

If you worry about APR you probably aren't ready for a credit card.

[steve dave]

Finally stopped being butthurt and sucked it up. Got a shitty Capital One card with a terrible limit and even more laughable APR. No big deal I guess... gotta start somewhere.

If you worry about APR you probably aren't ready for a credit card.

as KSC's life planner I can assure you he is not going to carry a balance ever

[michigancat]

Finally stopped being butthurt and sucked it up. Got a shitty Capital One card with a terrible limit and even more laughable APR. No big deal I guess... gotta start somewhere.

If you worry about APR you probably aren't ready for a credit card.

as KSC's life planner I can assure you he is not going to carry a balance ever

OK then, carry on.

[steve dave]

mrs. dave and I just churned the AA Visa again. after we hit the spend we will be sitting on about 450k AA miles combined. getting close to a couple 1st class around the world one world tickets. already have enough for two tickets in 1st up to 20k miles on one world (up to 50k miles in biz) with 90k AA miles to spare. I'm not going to use them for this but it's fun to see what I could do with them.

[The Tonya Harding of Twitter Users Creep]

Finally stopped being butthurt and sucked it up. Got a shitty Capital One card with a terrible limit and even more laughable APR. No big deal I guess... gotta start somewhere.

If you worry about APR you probably aren't ready for a credit card.

as KSC's life planner I can assure you he is not going to carry a balance ever

well maybe if you were a better life planner id be a millionaire by now huh.

yeah... never gonna use that thing. the devil in the form of plastic

[steve dave]

Finally stopped being butthurt and sucked it up. Got a shitty Capital One card with a terrible limit and even more laughable APR. No big deal I guess... gotta start somewhere.

If you worry about APR you probably aren't ready for a credit card.

as KSC's life planner I can assure you he is not going to carry a balance ever

well maybe if you were a better life planner id be a millionaire by now huh.

yeah... never gonna use that thing. the devil in the form of plastic

use the crap out of it

[GoodForAnother]

Finally stopped being butthurt and sucked it up. Got a shitty Capital One card with a terrible limit and even more laughable APR. No big deal I guess... gotta start somewhere.

If you worry about APR you probably aren't ready for a credit card.

as KSC's life planner I can assure you he is not going to carry a balance ever

well maybe if you were a better life planner id be a millionaire by now huh.

yeah... never gonna use that thing. the devil in the form of plastic

you want to use it as much as you can.  charge normal things like bills to it to start off, like have your cable and electric automatically charge it, then pay it off in full each month.  that will keep you from overspending since it's your first one, but it will help build your credit very quickly.  you want to use it and pay it in full regularly, that's the most important thing.

[The Tonya Harding of Twitter Users Creep]

yeah its a $500 limit so its not gonna get too crazy out there bros. but i appreciate the help... ill let you know when i start getting baller steve dave credit and fly him around the world because he is my life planner. might take ben ji too idk.

[Johnny Wichita]

I haven't canceled any of my previous cards.  I extended the BA card a year or two with no annual fee so I had a zero foreign transactions card when I needed it.  I can probably find another one with that.  So tonight JWWife and I are cancelling BA, US Air, United, and two AA's.  Unless there is a reason not to do this.  I've also been spending past my bonus amount on a SW card.  Need a few new ones and then I can cancel that one also. 

[steve dave]

I haven't canceled any of my previous cards.  I extended the BA card a year or two with no annual fee so I had a zero foreign transactions card when I needed it.  I can probably find another one with that.  So tonight JWWife and I are cancelling BA, US Air, United, and two AA's.  Unless there is a reason not to do this.  I've also been spending past my bonus amount on a SW card.  Need a few new ones and then I can cancel that one also.

Chase Sapphire Preferred

[Dr Rick Daris]

how long has it been since you signed up for the aa's? do you want miles or hotel points or cash?

[Daddy Claxton]

Received an email out of the blue from BoA that they are cancelling e-billing and will paper bill for a card I cancelled almost 10 years ago.

Apparently they didn't cancel it. Doesn't matter though?

[steve dave]

Received an email out of the blue from BoA that they are cancelling e-billing and will paper bill for a card I cancelled almost 10 years ago.

Apparently they didn't cancel it. Doesn't matter though?

yeah, doesn't matter

[Johnny Wichita]

how long has it been since you signed up for the aa's? do you want miles or hotel points or cash?

Probably close to a year.  Starting to think cash might be the way to go.  Really up for whatever is the better deal though. 

[Dr Rick Daris]

how long has it been since you signed up for the aa's? do you want miles or hotel points or cash?

Probably close to a year.  Starting to think cash might be the way to go.  Really up for whatever is the better deal though.

there is a business aa that you could sign up for that would get you 50k with 2.5k spend in four months. then wait two days and sign up for a personal aa mastercard that gets you another 30k. it's a different product that the two 50k personal aa's that you got before so you can still get this even though it's only been a year. then there is a new barclays card that will give you something like $400 after 1k in spend. so three cards with 4.5k spend four months and you'd get 80k aa and $400. you both do it and 160k aa and $800. combine that with one of the chase hotel cards that you only have to use once or whatever and you could have a nice trip. there's prob better advice out there though and honestly you should prob just do whatever sd says.

[steve dave]

how long has it been since you signed up for the aa's? do you want miles or hotel points or cash?

Probably close to a year.  Starting to think cash might be the way to go.  Really up for whatever is the better deal though.

there is a business aa that you could sign up for that would get you 50k with 2.5k spend in four months. then wait two days and sign up for a personal aa mastercard that gets you another 30k. it's a different product that the two 50k personal aa's that you got before so you can still get this even though it's only been a year. then there is a new barclays card that will give you something like $400 after 1k in spend. so three cards with 4.5k spend four months and you'd get 85k aa and $400. you both do it and 170k aa and $800. combine that with one of the chase hotel cards that you only have to use once or whatever and you could have a nice trip. there's prob better advice out there though and honestly you should prob just do whatever sd says.

no, this is probably the best advice

[The Whale]

Received an email out of the blue from BoA that they are cancelling e-billing and will paper bill for a card I cancelled almost 10 years ago.

Apparently they didn't cancel it. Doesn't matter though?

Depending on the age of the card and the number of other cards you have, may be best to leave it open to help with the average credit age.

Probably doesn't matter much either way though.

[Johnny Wichita]

You guys are literally the best.  Thanks for the help. 

['taterblast]

does it hurt you to apply for cards for the hell of it?

like, i just applied for a chase sapphire preferred kind of just for fun and they said they need more time to review my application.

not really. maybe a point or two for a short time. call chase right now at 1-888-245-0625 and ask them what their problem is. usually that's all it takes to get approved.

http://thepointsguy.com/2013/03/credit-card-application-reconsideration-line-phone-numbers/

approved.

[steve dave]

does it hurt you to apply for cards for the hell of it?

like, i just applied for a chase sapphire preferred kind of just for fun and they said they need more time to review my application.

not really. maybe a point or two for a short time. call chase right now at 1-888-245-0625 and ask them what their problem is. usually that's all it takes to get approved.

http://thepointsguy.com/2013/03/credit-card-application-reconsideration-line-phone-numbers/

approved.

bet it feels amazing. hell, I know it does. congrats friend.