So I just hit the $ 100k club!
Man I’m stoked, almost overwhelmed. So I didnt intend on chasing a specific amount of credit in credit cards, but as I discovered my efforts to improve my credit (last few years) were paying off, I cant deny I became a bit addicted to it over the last 18 months. Many say I’m crazy and out of my mind, coupled with gasps lol but I have no problem managing 20 cards since I’ve always been OCD about numbers and organizing data. for me, that task is second nature.
As to why having so many of them, well I do also use them all and some are for mundane recurring things, and some are specifically for its rewards structure, and others just daily drivers. I’ve managed to weed out all my subprime cards and replace (and add) from prime banks, so instead of crazy annual and “monthly” fees from a few years ago, I’m picking cards based on rewards structures and usability. It was about 15 months ago I was finally getting approved with SL of $ 5k amounts. About 7 months ago average SL approvals were either $ 10k or $ 15k. The banks have surely been more accomodating and weloming lately, still not used to that. I even got my new car financed thru Audi financial. According to my credit file, I’m looking pretty good.
If anyone out there reading this, is doing so because they’re in their rebuilding stages too, hang in there…it WILL pay off but the rewards always come later than you’d hope, but they do arrive! I’m hoping to get all the ones below $ 5k either up to $ 5k in the year or so. As long as I stick with my habits of paying EVERYTHING on time, only buying what i know i can afford, and staying organized, i should be in a good spot in 18-24 months. 800 score is the goal, but at least now I’m on autopilot. *Fist Bump*
$ 15,000 PenFed Platinum Rewards Visa Signature
$ 15,000 Navy Federal CashRewards Visa Signature
$ 15,000 United MileagePlus Club Visa Signature
$ 10,000 PenFed Promise Visa
$ 7,200 Chase Amazon Rewards Visa Signature
$ 5,000 Amex Blue Cash Everyday
$ 5,000 USAA Cash Rewards Platinum Visa
$ 5,000 USAA Rewards Platinum Mastercard
$ 5,000 Chase Hyatt Rewards Visa Signature
$ 4,500 Discover IT Cash Rewards
$ 4,000 Barclaycard Apple Rewards Platinum Visa
$ 3,000 Chase IHG Rewards Club World Mastercard
$ 2,500 Comenity Lexus Pursuits Visa
$ 2,500 Comenity Fuel Rewards Network Mastercard
$ 2,000 Citi ThankYou Premier World Elite Mastercard
$ 1,700 Citi DoubleCash World Elite Mastercard
$ 1,000 Amex Hilton HHonors Surpass
$ 500 BankAmericard Cash Rewards Platinum Plus Visa ($ 99/500 Offer — way too many inq’s at time of app lol) – once this one graduates I’ll be done with the secured cards)