Go Back  DVD Talk Forum > General Discussions > Other Talk
Reload this Page >

How many credit cards do you have?

Other Talk "Otterville"

How many credit cards do you have?

Old 04-11-08, 01:11 PM
  #1  
DVD Talk Special Edition
Thread Starter
 
Join Date: Apr 2006
Location: New York
Posts: 1,268
Likes: 0
Received 0 Likes on 0 Posts
How many credit cards do you have?

I have:

Carnival Cruise Lines Master Card
Amazon Visa
MBNA America Master Card
Express Card (Retail Store's Card)
Chase VISA Debit Checking Card

I want to apply for an REI VISA Card, I am starting to buy a lot of stuff from their stores, and I really like their member benefits. I am worried I might have too many cards.
Old 04-11-08, 01:12 PM
  #2  
DVD Talk Legend
 
Minor Threat's Avatar
 
Join Date: Jul 2000
Posts: 13,781
Received 15 Likes on 11 Posts
2, and I rarely use them.....
Old 04-11-08, 01:12 PM
  #3  
DVD Talk God
 
kvrdave's Avatar
 
Join Date: Aug 1999
Location: Pacific NW
Posts: 86,190
Received 8 Likes on 5 Posts
I have about 7. Go ahead an get it so long as you keep them all paid off at the end of the month.
Old 04-11-08, 01:16 PM
  #4  
DVD Talk Legend
 
wishbone's Avatar
 
Join Date: Mar 2005
Posts: 21,350
Likes: 0
Received 135 Likes on 93 Posts
Two credit cards (Chase Visa and a department store card I rarely use) and one debit card that could be used for credit if I so chose -- but I'm not gonna.
Old 04-11-08, 01:18 PM
  #5  
DVD Talk Legend
 
Join Date: Jun 1999
Location: USA
Posts: 12,349
Received 13 Likes on 10 Posts
Two that I actually use, I am sure there are several more at home
Old 04-11-08, 01:18 PM
  #6  
DVD Talk Special Edition
Thread Starter
 
Join Date: Apr 2006
Location: New York
Posts: 1,268
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by kvrdave
I have about 7. Go ahead an get it so long as you keep them all paid off at the end of the month.
I never carry over a balance. I always pay the full every month. I admit I only use my debit and the Carnival Credit Card regularly. the others one I only signed up for because it saved me a lot on a big purchase.
Old 04-11-08, 01:19 PM
  #7  
DVD Talk Legend
 
Join Date: Sep 2002
Location: Puyallup
Posts: 16,429
Likes: 0
Received 3 Likes on 3 Posts
I have 3.
Old 04-11-08, 01:23 PM
  #8  
DVD Talk Godfather
 
Michael Corvin's Avatar
 
Join Date: May 1999
Location: Louisville, KY
Posts: 61,694
Received 635 Likes on 445 Posts
Two. One with a zero balance and another that was paid off last month that now has a few more purchases on it.
Old 04-11-08, 01:24 PM
  #9  
DVD Talk Legend
 
Join Date: Mar 2002
Location: Santa Clara, California
Posts: 10,494
Received 44 Likes on 35 Posts
Just 1.
Old 04-11-08, 01:25 PM
  #10  
DVD Talk God
 
kvrdave's Avatar
 
Join Date: Aug 1999
Location: Pacific NW
Posts: 86,190
Received 8 Likes on 5 Posts
Originally Posted by M2theAX
I never carry over a balance. I always pay the full every month. I admit I only use my debit and the Carnival Credit Card regularly. the others one I only signed up for because it saved me a lot on a big purchase.
Why use the debit card? I don't even have one. The credit cards offer better protection if you have a problem with the purchase and generally have reward points, etc.

SCREW debit cards, I say.
Old 04-11-08, 01:32 PM
  #11  
DVD Talk Legend
 
Join Date: Jun 2002
Location: Sacramento, Calif.
Posts: 13,525
Likes: 0
Received 2 Likes on 2 Posts
None, unless you count my Visa Check Card that's linked to my checking account.

I've had only 2 in my life. One was paid off about 2 years ago and the other was a store charge that I paid off before Christmas.
Old 04-11-08, 01:45 PM
  #12  
Senior Member
 
Join Date: Aug 2006
Posts: 810
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by mcfly
None, unless you count my Visa Check Card that's linked to my checking account.
Same
Old 04-11-08, 01:47 PM
  #13  
DVD Talk Special Edition
 
Join Date: Jun 2001
Location: Brooklyn, NY.. Got a problem with that?
Posts: 1,075
Received 2 Likes on 2 Posts
Wow, I have like 15 cards, I only use like 3-4 of them and never a debit card. Most I got when they were offering 0/0 deals on balance transfers. After the BT was paid I never used the card.
Old 04-11-08, 01:49 PM
  #14  
DVD Talk Legend
 
raven56706's Avatar
 
Join Date: Feb 2001
Location: Back in the Good Ole USA
Posts: 21,767
Likes: 0
Received 1 Like on 1 Post
5 and they are all paid off
Old 04-11-08, 01:55 PM
  #15  
DVD Talk God
 
twikoff's Avatar
 
Join Date: Feb 2000
Location: Right Behind You!!!
Posts: 79,500
Received 4 Likes on 2 Posts
i have a whole bunch that i have accumulated and not cancelled all of them over the years
but only one that i ever use
and my credit score is well over 700, so total number doesnt seem to mean much
Old 04-11-08, 03:55 PM
  #16  
DVD Talk Limited Edition
 
Join Date: Oct 1999
Location: New York City
Posts: 5,229
Likes: 0
Received 1 Like on 1 Post
Originally Posted by kvrdave
Why use the debit card? I don't even have one. The credit cards offer better protection if you have a problem with the purchase and generally have reward points, etc.

SCREW debit cards, I say.
Well, over here in civilization, we use those newfangled things for small purchases, and to get cash often (so we don't have to mosey into the bank, chat with the teller mid-afternoon, pull out our account books, request a withdrawal, etc.). Cash anytime, and no cash advance fees that a credit card would charge.

Also, my ATM/credit card from my bank offers full protection for all purchases made on the account.
Old 04-11-08, 04:06 PM
  #17  
DVD Talk Godfather
 
fumanstan's Avatar
 
Join Date: Oct 2002
Location: Irvine, CA
Posts: 55,349
Received 23 Likes on 11 Posts
ATM Card
Citi Dividend Card
Chase Amazon Card
Bank of America UCSC Alumni Card (was the first one I ever got)
American Express Blue

I think that's it.
Old 04-11-08, 04:23 PM
  #18  
DVD Talk Legend
 
Join Date: May 2007
Posts: 11,989
Received 49 Likes on 39 Posts
only a debit card. I find that credit cards are little plastic demons. I dont see the point in owning a credit card.
Old 04-11-08, 04:26 PM
  #19  
DVD Talk God
 
twikoff's Avatar
 
Join Date: Feb 2000
Location: Right Behind You!!!
Posts: 79,500
Received 4 Likes on 2 Posts
Originally Posted by drmoze
Well, over here in civilization, we use those newfangled things for small purchases, and to get cash often (so we don't have to mosey into the bank, chat with the teller mid-afternoon, pull out our account books, request a withdrawal, etc.). Cash anytime, and no cash advance fees that a credit card would charge.

Also, my ATM/credit card from my bank offers full protection for all purchases made on the account.
keep in mind who you are talking to.. dave doesnt have to deal with an atm to get cash.. many of his tenants pay in cash (or with canned meat).
and he needs to keep cash on hand, so that he can give the tenants their money back when they want their rent back, to buy groceries
Old 04-11-08, 06:49 PM
  #20  
DVD Talk Platinum Edition
 
Join Date: May 2001
Location: In my Home Theater- Foley, AL
Posts: 3,503
Likes: 0
Received 0 Likes on 0 Posts
I love no interest, no payment offers, so I take advantage if there is a large purchase that I want to make. I always keep the money in savings (ING) and earn interest on the purchase amount until it's due.

I have about 10 cards total. Like kvrdave, I pay my regular ones off every month.
Old 04-11-08, 07:06 PM
  #21  
Guest
 
Join Date: Jan 2003
Location: Nowheresville
Posts: 1,981
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by mhg83
only a debit card. I find that credit cards are little plastic demons. I dont see the point in owning a credit card.
If you use them properly they're great.

I have 2 main ones, and 1 kohls.

I use the CitiCard and Discover for everything I purchase (besides Kohls).

Reasons I use them:
Cash back bonuses, don't have to deal with change, delay paying for something for 30 days = a little more interest in my savings, price protection on some items, etc.

I use them for everything. Even if I just go to the gas station for an .80 Snapple. The cash back bonuses really add up.

I pay them off every month. No past due debt.
Old 04-11-08, 07:22 PM
  #22  
DVD Talk Hero
 
Join Date: Aug 1999
Posts: 38,580
Received 1,104 Likes on 861 Posts
Originally Posted by twikoff
i have a whole bunch that i have accumulated and not cancelled all of them over the years
but only one that i ever use
and my credit score is well over 700, so total number doesnt seem to mean much
I think total number doesn't matter as much as the total of all the limits of every card you own, and the percentage of that you have as balance.

I also have a bunch, a lot from earlier on with very low limits, but I haven't closed them because they always say not to close credit card accounts, especially older ones, unless a lender specifically asks you to.

I also pay most of them off every month, except for some 1.9% for life ones. of course, the tactic they use is that you'll use the cards, pay it off every month but someday you'll have a balance and, because of circumstances, won't be able to pay it all off in time, which is the vicious cycle that traps a lot of people.
Old 04-11-08, 07:39 PM
  #23  
DVD Talk Legend
 
Join Date: Apr 2002
Posts: 20,767
Likes: 0
Received 13 Likes on 6 Posts
Debit cards are locked up. So only have one credit card - been meaning to get another one as an extra.

My feeling is that credit cards are safer - if one gets stolen, there's still money in my bank, only credit limit is afected and easier to fix. And if a debit card gets stolen, there may be no money in the bank and far more of an inconvience to rebuild the account.

And I never use an ATM. I withdraw cash only when making a check deposit at the bank.
Old 04-11-08, 07:40 PM
  #24  
DVD Talk Gold Edition
 
mike45's Avatar
 
Join Date: Nov 2002
Location: Earth
Posts: 2,313
Likes: 0
Received 0 Likes on 0 Posts
In my wallet:
1 gas card
1 credit card

At home:
1 credit card for all internet purchases.

All paid off.
Old 04-11-08, 07:44 PM
  #25  
Banned
 
Join Date: May 2000
Location: Wheaton MD
Posts: 16,214
Likes: 0
Received 1 Like on 1 Post
1 credit card

I purchase everything with that credit card then pay it off at the end of the month. I rack up tons of points that way.

I'm still waiting for the FICO snobs to get on here and talk about how "if you don't have exactly 2.375 cards each at 19.12% of the limit, you're screwing your credit score".

Thread Tools
Search this Thread

Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service - Do Not Sell My Personal Information -

Copyright 2021 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.