CarefulBuilder14 wrote:What did you used to care about when it comes to credit that you don't care about anymore? As for myself...
1. Permanent APR reductions (but not temporary 0% ones). I'll carry a small balance at 0%, but I'm no more likely to carry a balance at 17.99% than 19.99%. Even if I tried to negotiate APRs down over the course of several years, it would be hard to get below 9.99% on my rewards cards, and I'd want around 4.99% to think about carrying a balance.
2. CLIs. I spread my spending across several cards, and I have an Amex charge card (well, two, but I'll close PRG soon) for anything big.
3. Getting Signature/World upgrades on cards that get "unexciting" spend. Generally overrated (compared to benefits/perks on AF travel cards) and most benefits have some catch or limitation.
WEMC on AA Platinum may conceivably be of value, since I might want some benefit (though I can't think offhand of what) in combination with price rewind and an extended warranty on a large purchase. I certainly don't need WMC perks on a gas/grocery/Amazon gift card Sallie Mae, though, so my Platinum MC is fine.
I agree with all of these. I still occasionally ask for APR reductions and CLIs, but not because I really need them or make them a priority, just because I sort of want them to have them, more so the APR reductions than the CLIs actually. A CLI almost seems silly because I already have more than ample limits, spread my spending across several cards, and keep my spending low. So I rarely get above 2 or 3% utilization on a given card before paying it off in full anyway. APR reductions on the other hand just feel like a nice thing to have in place just in case.
kdm31091 wrote:Also don't care so much about maximizing rewards in so much detail as in "this card for this purchase, that card for that". I still do it when the difference is large, of course, but otherwise, meh. Usually, the difference is pennies, and the more cards you use, the more bills you have to pay. I like to keep things more centralized, even if I give up maybe a dollar in rewards. Also no longer have interest in adding card after card for tiny gains.
I think this definitely depends on personal preference. I on the other hand would hate to keep things centralized and wouldn't do it even if I weren't maximizing rewards...in fact I'd probably be willing to take a small loss
on rewards just to not centralize on 1 or 2 cards. I REALLY like having different categories of spending on completely different cards. I likewise prefer to keep several different checking accounts and savings accounts open versus centralizing in one place. I guess fundamentally I just strongly prefer the 'envelop' method of budgeting, even though the envelops are actually bank accounts and credit cards. Just hypothetically I would hate to pay for consumer goods with the same card I pay for groceries with and I very much want a separate third card to pay for utilities with, etc. It absolutely does make things technically more complicated, but I've never had a problem and am completely confident in my ability to handle it, and it's more than worth it to me since I feel much more comfortable/happy with different cards for different purposes.