How many credit cards do you have?

[shocksyde]

I'm talking about your regular ol' credit cards as well as store cards or gas cards.

I'm just wondering how many credit cards everyone has. There seems to be an inaccurate perception that too many credit cards is bad.

Personally I have 16+

Yes, I'm bored, so I figured I'd post my first poll!

EDIT: POLL WORKING NOW WEEEEE!

EDIT #2: Looks like I'm a credit whore

EDIT #3: Someone has joined my credit whore club!

EDIT #4: I have been overtaken by a Super Credit Whore with over 60 cards.

 

[shocksyde]

is my poll working? I don't see it...

 

[Kirby]

no poll, no cards

 

[krunchykrome]

About 10

1 boa Ulumni
1 boa platinum
1 HSBC
1 Citi Dividends
1 Citi Preimer Pass
1 Amex Gold
1 Amex Blue
1 Amex corporate
1 Chase
1 Zales

 

[j00fek]

no phole

but i dont have any cc i like to have good credit

 

[AgaBoogaBoo]

2 CC's , 1 ATM card (no visa/mastercard logo or anything), along with 1 business CC.

 

[krunchykrome]

Originally posted by: j00fek
no phole

but i dont have any cc i like to have good credit

How does not having any credit cards give you good credit?

 

[2Dead]

2 personal CC's, 1 buisness CC, 1 Commuter Card

 

[crt1530]

Originally posted by: krunchykrome

Originally posted by: j00fek
no phole

but i dont have any cc i like to have good credit

How does not having any credit cards give you good credit?

Maybe he's too stupid to use credit cards responsibly.

 

[krunchykrome]

Oh, and since we're on the subject of credit cards, Im just curious....where does everyone get their FICO score from? Any recommendations?

 

[K1052]

3

CitiDividend, CitiAAdvantage, and a BOA Visa.

 

[jupiter57]

No Credit Cards, but I do carry a Debit card, just in case.

 

[Aikouka]

1 credit card that I rarely use. Sometimes I'll use it when building new PCs or doing decent upgrades just to avoid hitting the bank account too hard... I like keeping a certain amount or near a certain amount of money in there.

 

[FoBoT]

why would anyone need 5+ cc's? :Q

 

[clamum]

One Visa, one MasterCard.

 

[shocksyde]

Originally posted by: krunchykrome
Oh, and since we're on the subject of credit cards, Im just curious....where does everyone get their FICO score from? Any recommendations?

myfico.com is one of the only places you can get a TRUE fico score. Other sites sell "FAKO" scores.

Some credit card companies such as Washington Mutual provide you with a "PFICO" score every month which is considered a true FICO as well.

 

[krunchykrome]

Originally posted by: FoBoT
why would anyone need 5+ cc's? :Q

No reason really. I have about 10, all in good standing, and my FICO score is excellent. I dont see how it has hurt me.

 

[shocksyde]

Originally posted by: FoBoT
why would anyone need 5+ cc's? :Q

I don't NEED them, but the more available credit you have, the less it hurts if you have to use it.

 

[halik]

Pollé! ... hehe that's a new one

 

[child of wonder]

JcPenney card, 2 BoA cards (one used to be MBNA), and one Chase card.

I think there's about $33,000 in credit between them.

Christ, we should close one or two and get rid of them.

 

[shocksyde]

Originally posted by: child of wonder
JcPenney card, 2 BoA cards (one used to be MBNA), and one Chase card.

I think there's about $33,000 in credit between them.

Christ, we should close one or two and get rid of them.

No, you shouldn't do that.

 

[Strk]

Originally posted by: shocksyde

Originally posted by: child of wonder
JcPenney card, 2 BoA cards (one used to be MBNA), and one Chase card.

I think there's about $33,000 in credit between them.

Christ, we should close one or two and get rid of them.

No, you shouldn't do that.

I'd say that depends on how much debt is on them, how old the card he wants to close is and how much he uses it.

I have four cards right now. I only really use two (the only charge on one of them is my Comcast bill). The other two are just old, so I don't want to get rid of them.

 

[shocksyde]

My general rule is:

If there's no annual fee, there's no reason to close it.

 

[tfinch2]

3 CCs (AMEX Blue, Schwab Visa, BoA Visa)

3 Store CCs (Circuit City, Ikea, Newegg)

 

[dullard]

3 CCs (2 to maximize my cash back, 1 left at $0 balance for maximum credit score).
1 Store card (to get a good deal).

Too many cards won't probably harm your credit score in the long term. It will harm it short term as you keep applying it'll make small short term dings. However, credit score isn't the only part of the picture. People have the inaccurate perception that credit score is all that matters. Someone doing a check on you might not trust you as much if you have the ability to rack up massive debt (ie have too many cards around). This could be a bank (for a loan), potential employer, potential landlord, etc.