(Not serious) Four cards from the same issuer?

[Sidewinder]

I have Sapphire Preferred, Freedom Flex, and Southwest Rapid Rewards (tho I might one day ax Chase to fold the CL from RR into my other cards so I can zotz the annual fee).

 

I haven't any plans to app Freedom Unlimited, but just out of curiosity, do you think they'd say no just cause I have the other three?  (Assuming otherwise gleaming creditworthiness, high income, low-to-zero util, etc...)

 

Similarly, I have BofA Platinum Plus Visa, Cash Rewards mastercard, y Unlimited Cash Rewards Visa.  I don’t have their Travel Rewards card (or whatever it's called).

 

(I admit I'm not as convinced of my disinterest in it as with the Chase card  : /   )

 

Same question; is it conceivable that BOA might one day (not before 2024) approve me for a fourth card?

 

(BofA, as best I can tell, really, reeeeeally likes me.  )

[Burgerwars]

I have three Chase cards (one I applied for and the others when Chase acquired the cards of another issuer and when Washington Mutual went belly-up). I see pre-approved offers when I login, but am not interested.

 

[hdporter]

Have 4 open cards with each of my "big 3" (BA, Chase, Citi).

[hegemony]

3 hours ago, hdporter said:

Have 4 open cards with each of my "big 3" (BA, Chase, Citi).

BA is part of the big three? It is # 5 last I checked. Top 3 in outstanding: Chase, Amex, Citi. Top 3 in number of cards issued: Chase, Crap1, Citi.

 

I'm curious what three BA cards you find value in. I have one (travel rewards) and other than the 99.9k limit it is one of the most lackluster cards in my sock drawer, right up there with citi premier. I've been thinking about closing both the BA and the Citi cards.

 

Perhaps I'm missing something? Educate me before I do. TIA

[hdporter]

1 hour ago, hegemony said:

BA is part of the big three? It is # 5 last I checked. Top 3 in outstanding: Chase, Amex, Citi. Top 3 in number of cards issued: Chase, Crap1, Citi.

 

I'm curious what three BA cards you find value in. I have one (travel rewards) and other than the 99.9k limit it is one of the most lackluster cards in my sock drawer, right up there with citi premier. I've been thinking about closing both the BA and the Citi cards.

 

Perhaps I'm missing something? Educate me before I do. TIA

 

"my" big three; not "the" big three (where "big" is descriptive of the number of open cards; nothing more).

 

Only BA of value right now is "Customized Cash", which I have set to "online purchases".  Online purchases tags any transaction that is conducted online, therefore, much more than just "shopping" for 3% cashback.  (3% capped to $2500 in purchases each quarter)

 

Edited December 6, 2022 by hdporter

[brainchasm]

I have four personal cards with Chase.  It's never been a cause for concern.

 

[hegemony]

I have four with Amex and three with chase (my only issuers with which I have multiple cards).

[Sidewinder]

8 hours ago, brainchasm said:

I have four personal cards with Chase.  It's never been a cause for concern.

 

 

8 hours ago, hegemony said:

I have four with Amex and three with chase (my only issuers with which I have multiple cards).

 

Which cards?

 

[hegemony]

12 hours ago, Sidewinder said:

 

 

Which cards?

 

Chase: JPMR Visa, Amazon Visa, Hyatt Visa

 

Amex: Platinum Charge, Hhonors, Delta Reserve, BCP

[brainchasm]

12 hours ago, Sidewinder said:

 

 

Which cards?

 

Sapphire Preferred, Freedom Unlimited, Freedom Flex, Amazon Prime.

I also have nine closed cards across the last dozen years, with Chase.  Nothing got closed bad, just a bunch of Slates I was done doing the BT dance with, a Hyatt or two, an Amazon that got nicked, etc.

 

[RehabbingANDBlabbing]

TBH, I think it only makes sense to have 4+ cards with the big issuers (Chase, AmEx, Citi, and not too many others). They are the only ones with enough good cards to justify such a decision. Redneck's Armpit Bank & Trust of South Georgia just can't compete hahahaha.

[hdporter]

On 12/8/2022 at 1:18 PM, brainchasm said:

Sapphire Preferred, Freedom Unlimited, Freedom Flex, Amazon Prime.

I also have nine closed cards across the last dozen years, with Chase.  Nothing got closed bad, just a bunch of Slates I was done doing the BT dance with, a Hyatt or two, an Amazon that got nicked, etc.

 

 

I understand the "serial" Slate appeal, given the no fee 0% introductory bt offer on the card.  Not the best impact on your average account age.

[brainchasm]

On 12/21/2022 at 4:00 PM, hdporter said:

 

I understand the "serial" Slate appeal, given the no fee 0% introductory bt offer on the card.  Not the best impact on your average account age.

I hear ya.  Sitting at 7y 8m for AAoA currently.  And the Slates stopped being useful, so that...habit...stopped as well.

 

[swimmingwithsharks]

Data point: I have 6 open Chase credit cards. Now to be fair, they were applied for over a span of 15 years, but I think as long as you're under 5/24, you can get more. If you have reached Chase's maximum exposure (which I have), then a new card means a reallocation of existing credit lines.