- Centurion Member
- Posts: 875
- Joined: Thu Apr 30, 2009 2:32 pm
- Location: Texas
Unless you think a charge card would be useful to you and worth the annual fee, I wouldn't worry about it. (I also don't think a charge card would help your credit score much if at all.)
Account diversity is a factor in credit score, but it is not nearly as important as managing your balances and limits and paying on time, all the time. Keep doing that and the rest will take care of itself.
I have never had student loans or a mortgage, just credit cards and two car loans (and the last car loan was paid off eight years ago); my score hovers around 775, according to a popular free score-tracking website. A recent credit pull by a bank showed a score of close to 800.
Home and car shoppers aside, the majority of people don't need to worry about their credit scores nearly as much as the numerous fee-based monitoring services would like them to. Credit score anxiety is putting a lot of money in somebody's pocket.
American Express: Blue Cash Preferred (groceries, 6%; gas, department store, 3%); Gold Delta SkyMiles (Delta Air Lines, 2 miles/dollar, free checked bag).
US Bank: Cash+ (utilities, phone, internet, restaurant, 5%; drugstores, 2%).
FIA Card Services: Fidelity Amex (everything, 2%); Fidelity Visa (everything, 1.5%).
Chase: Freedom (rotating, 5%); Amazon (Amazon.com, 3%); PriorityClub (IHG hotels, 5 points/dollar); Sapphire (not in use).
*All cards are registered with PriorityClub IDine program for 8 points/dollar at participating restaurants.