Comments on: How many credit cards do you have and what’s their combined credit limit?

By: five mistakes

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By: Vy

Vy — Sun, 09 Oct 2011 07:25:32 +0000

I have a total of four CC, but only use two for their rewards (in order of frequent use):

Citi Forward: $4,000 (5x points at restaurants, movies, bookstores… great for going out)

Discover Escape: $4,000 (double miles for every dollar spent, my most recent card, used for everything else that my Citi CC doesn’t cover –> gas, supermarkets, etc.)

Amex Blue: $4,000 (haven’t used for almost three years)

Bank of America Platinum Plus: $800 (my first CC, student card… haven’t used in years)

Total CL = $12,800

$0 balance, always paid in full every month

By: Faith

Faith — Sat, 22 May 2010 03:21:26 +0000

Citi PremierPass Mastercard – $17,600
AMEX Green – No preset limit
Citi Sears Gold Mastercard – $8,000
Citi Forward Visa – $5,100
Chase Freedom Visa – $5,000
HSBC Rewards Mastercard – $5,000
Capital One Platinum Mastercard $4,500
GFCU Visa – $4,500
RBS Kroger Mastercard – $4,000
Bank of America Platinum Plus Visa – $4,000
Discover More – $3,000
Orchard Bank Platinum Mastercard – $2,350
Ann Taylor Mastercard – $1,500
Ann Taylor Loft Mastercard – $1,500
New York & Comapny Mastercard – $1,500
Old Navy Visa – $1,000
Walmart Discover Card – $1,000
Macy’s Star Rewards Card – $500

By: Michael

Michael — Fri, 22 Jan 2010 01:30:39 +0000

I currently have 17 cards. I know, its a stupidly ridiculous number, but, I get attracted to them some how with there features. Here it goes:
1. Citi American Airlines- $58,000 (This is my baby, I use it ALL the time. Regrettably it has a never diminishing balance :()
2. American Express Delta Skymiles- $8,000 (Use when I have to fly Delta, thats the only time.)
3. Barclay L.L. Bean- $2,500
4. Chase Freedom- $45,000
5. PNC Visa- $15,000 (Use as a backup to the Citi AA card)
6. Macy’s Visa- $5,000
7. Shell Oil Mastercard- $1,500
8. American Express Hilton- $17,000 (Never use, dont like Amex)
9. Chase Disney Visa- $1,000 (For the kids at disney)
10. Discover- $6,000
11. BOA Visa- $70,000 (My first card, have never carried a balance)
12. Chase Starbucks Visa- $500
13. Kroger 123 Rewards Mastercard- $1,500 (For buying gas at Kroger)
14. Wachovia Visa- $38,000
15. National City Visa- $6,100
16. National City Travel Visa- $8,000
FINALLY…
17. Bank of America APR Accolades Card- $625,000!!! (If my Citi AA card was my baby, this is my wife!!! I love this card. I am a loyal BOA cardholder and am proud of it!!!)
Currently have $156,746 in debt. Too many first class tickets, limos, and suites when I travel. Company doesnt pay for anything but the bare minimum. I will use my yearly $65k travel allowance to pay this down some. Transferred all of the balances of the other cards to the BOA accalades. It will get better soon. I just dont want to take a line of equity out of my house.

By: Debt Advice

Debt Advice — Fri, 11 Dec 2009 11:26:38 +0000

Sometimes the key is writing this down to realisign how much debt you have.

By: Matt

Matt — Wed, 11 Jun 2008 00:59:14 +0000

I just graduated college and have hold four cards since the start.

AMEX: $15k
Citi Dividend: $15k
Discover: $1800
BOA: $3000

Never carried a balance, and am looking in to applying for business card for a new venture.

By: Faith

Faith — Sat, 31 May 2008 18:59:10 +0000

I have 9 credit cards:

Citi PremierPass Mastercard $8,500
AMEX Blue $5,500
Capital One Platinum Mastercard $4,500
Discover More $2,000
Bank of America Platinum Plus Visa $2,000
WAMU ESPN Visa $2,000
Orchard Bank Platinum Mastercard $2,000
Dell $1,500
Jared $6,500

Each card has a zero balance (never carry a balance) and is in good standing

By: How can I lower the interest rate on my card and raise my credit limit? | My Investing Blog

Fri, 14 Mar 2008 08:04:40 +0000

[...] on this same pattern every 6 months. They’re likely to bend again. If you watch closely enough and read the fine print in the bills. Your rate is likely going up and [...]

By: Bank Business Loan Than Making

Bank Business Loan Than Making — Tue, 05 Feb 2008 12:55:26 +0000

Business banking online in Australia. Seven handy tips….

Nowadays, no business, big, small or in between, gives a second thought about doing banking online. What used to take hours and days of entering and posting into cumbersome ledgers can be done in a tenth of the time, with a lot less staff. Tedious nume…

By: meet the eye

meet the eye — Mon, 04 Feb 2008 22:57:50 +0000

3 years ago i started with a 500 CL. currently i got six, listed in order of frequent use:

Amex Clear – 25000
Amex Blue – 25000
National City Visa – 6750
Chase Freedom Visa – 5000
GAP Visa – 1500
Chase Platinum MC – 7500

current total limit is: $70,750
however, I only use like 2500-3000 a month, and pay them in full every month (never charged with interest). could have used cash but these card give me cash backs or other rewards.

By: Jessica

Jessica — Tue, 29 Jan 2008 02:30:51 +0000

Is this bad? I have 7 credit cards and im only 22.
1. Dell with a 3,000.00 limit
2. Capital one with a 500.00 limit
3. Imagine with a 350.00 limit
4. Dillards with a 300.00 limit
5. Victorias secret with a 600.00 limit
6. The buckle with a 300.00 limit
7. Maurices with a 150.00 limit
A total of $5200.00
My question is is that too many for a 22 year old who just graduated college and now has student loans to pay for and is planning to get married in october and has to pay for most of the wedding also we are planning to have a baby in like a year.

By: sohaib

sohaib — Thu, 03 Jan 2008 16:13:08 +0000

1. Capital one –> limit=$600, Balanace=$0

2. BOA VISA –> limit=$700, Balance=$0

3. BOA VISA –> limit=$7500, Balance=$3500

4. AMEX GOLD –> limit = nolimit

5. Z-GELLERY CARD –> limit =$2500, Balance=$0

6. Macys –> limit $600, Balance=$0

Total CL =$11900, Balance=$3500

Question: When the credit unions calculate available credit against the total credit you have, do they count the utility cards (like macys etc ..) as a part of your available/total credit too? just like a regular chase of a bank credit card?

By: Question of The Day Marathon Entry 16 by No Credit Needed

Question of The Day Marathon Entry 16 by No Credit Needed — Wed, 19 Dec 2007 03:31:31 +0000

[...] Experiments In Finance [...]

By: Credit Lisa

Credit Lisa — Fri, 16 Mar 2007 10:53:55 +0000

I have 3 credit cards and they give me about $10 000. I cann’t imagine people having up to 10 credit cards!

By: Random Guy

Random Guy — Sat, 20 Jan 2007 07:18:42 +0000

about 15 (need to get rid off them soon!) … and CL $60k and about 5.6K loan balances in 0-4% fixed rate. I have completely moved to using Charge cards. Now i actively use only one AMEX plat, and a United Miles Visa.