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re: How many credit cards do you have?

Posted on 5/23/15 at 3:00 am to
Posted by Will Cover
St. Louis, MO
Member since Mar 2007
38692 posts
Posted on 5/23/15 at 3:00 am to
quote:

How many credit cards do you have?


Two and a third on the way. Discover it (rotating rewards, 5 % cash back on selected category), PenFed Rewards Visa (gas) as my primaries, and soon to be USAA American Express for restaurants and grocery stores.

quote:

In total I have a $30k credit limit.


Had to look this up with the new addition. $50K credit limit in total. Never carry a balance.
This post was edited on 5/23/15 at 3:03 am
Posted by StringedInstruments
Member since Oct 2013
18562 posts
Posted on 5/23/15 at 8:27 am to
quote:

Two and a third on the way. Discover it (rotating rewards, 5 % cash back on selected category), PenFed Rewards Visa (gas) as my primaries, and soon to be USAA American Express for restaurants and grocery stores.


I've found that I only spend enough for one credit card's benefits rather than multiple. I go with points on my Wells Fargo card and use them to buy gift cards every few months. About the same as cash back except I just have to predetermine where that cash will be spent.
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