CarefulBuilder14 wrote:Two months ago, I wasn't sure if I should get a Prestige. It's since become my primary card, even after minimum spend is over.
One thing my wallet is lacking is a good off-category card. A lot of my spending qualifies for some bonus category or perk, though, so it's not a big loss.
There are currently a few factors keeping me in the garden...
1. I'm a little worried about AA. 13 open (and 1 closed) CC accounts is fairly aggressive expansion for someone with less than 3 years of history. I like the cards I have, and I'm in no rush to lose any of them.
2. I have enough hotel and airline points to last me a while, as well as enough programs. The marginal benefit of bonus chasing is pretty low atm.
3. I feel I should save my next app for something other than just more points...whether it be a particular business card some future employer might require I use, a mortgage, or even just a "true PIN" card. If I only knew which of those three I would need next, and when...
4. I have enough accounts/issuers to monitor, so the bar is set pretty high for anything new.
It is a lot for someone with that short a history. I have 4 cards and probably my oldest credit account is 2 years. I think at most I could probably wind up with 6 or 8 open depending on needs, but that's a ways out. I figure my biggest needs at this point are a UR points card to go with Freedom, a widely accepted gas and groceries card, and finding a card for emergency purposes that the company doesn't care about every day use (that might be a little tricky!) Beyond that I could easily keep everything I have now and go for something around mid-2017 like CSP, Citi DC, Amex or a higher-end Barclaycard. With my income so far sitting around $30k a year, it'd be all I could do to keep the creditors wondering why I would need all that. And I hope to buy a house in the not too distant future, so there's that.