Inactivity closures, real?

For just about anything you want to get off your chest about credit cards.
14 posts
lexrj
Centurion Member
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Posts: 169
Joined: Fri Sep 14, 2012 12:59 pm
Location: San Diego

Postby lexrj » Tue Mar 12, 2013 12:49 pm

FutureBillionaire and Calipso, you guys charge all your cards or most of your cards monthly? Seems like it's a lot of work to keep them all active. What's you strategy?
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Current in my Wallet
Amex BCP - 25K (02/12)
Barclaycard Arrival WMC - 15K (10/13)

Future
US Bank Cash +

Socks drawer
Crap One Quicksilver - 1.7K (04/11)
CSP - 15K (03/13)

Scores
FICO EX 772 / TU 765 / EQ 762 - (09/14)
AAoA 2.1


FutureBillionaire
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Joined: Sun Jun 19, 2011 2:37 pm
Location: Down South

Postby FutureBillionaire » Tue Mar 12, 2013 2:28 pm

lexrj wrote:FutureBillionaire and Calipso, you guys charge all your cards or most of your cards monthly? Seems like it's a lot of work to keep them all active. What's you strategy?


All of my cards get good cash back at the places taht I spend money. Half of them have due dates in the middle of the month. Half of them have due dates at the end of the month. I have gas, restaurants, movies, groceries, etc. all covered with at least 2 cards. I switch our cards when the billing cycle closes on one card and move to the next one. I keep my balances low unless I am taking advantage of an interest free offer.

I use mint.com to track everything. I'm a proponent of that site.
Gas: Discover It, Penfed Platinum Rewards x2, Chase freedom, Citi TYP
Plane tickets: CSP
Groceries: AMEX BCP, Penfed Platinum Rewards,Citi TYP
Clothes: Express, Amex BCP, Discover IT
Amazon: Citi Forward, Cash +
Restaurants: Citi Forward, Chase Freedom, Discover IT, CSP
Hotels and other travel: Discover Escape, CSP
Movies: BofA travel rewards visa signature(fandango), Discover IT, Citi Forward, Freedom
Bars, clubs, tomfoolery: CSP, Citi Forward, Discover IT, Freedom
Balance transfers: Kroger 123 rewards
Bill Pay: Chase Ink Plus, Citi Forward
Everyday spending: Bofa Accelerated cash rewards amex, Discover Escape

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Calipso
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Joined: Mon Oct 29, 2012 2:50 pm
Location: Boston

Postby Calipso » Tue Mar 12, 2013 4:52 pm

lexrj wrote:FutureBillionaire and Calipso, you guys charge all your cards or most of your cards monthly? Seems like it's a lot of work to keep them all active. What's you strategy?


I use each of my cards once every six months minimum and pay it off in full. I'll probably be closing my Jetblue card in Q4 2013 and closing the Amazon one since it's pointless. (I can just buy Amazon gift cards from Drugstores, Grocery stores etc for 5x points).

I very rarely use any credit union credit card or my Navcheck account but it's nice to have there just in case.
My Limits:
NFCU NavCheck: $15,000/NFCU Platinum: $11,500/NFCU nRewards: $8,000
Chase Freedom: $6,500/Chase Slate: $6,000/CSP: $5,000/Marriott Rewards Primier: $5,000/United MileagePlus Explorer: $5,000/Southwest Primier: $3,000
Citi Hilton HHonors: $9,700/Citi Simplicity: $8,200/Citi Forward: $5,500
AMEX Blue Cash Everyday: $8,000/SPG AMEX: $5,000/AMEX Everyday: $5,000/AMEX Delta Skymiles Platinum: $3,400
Discover IT: $7,700
Barclay's NFL Extra Points (Carolina Panthers): $5,000
DCU Platinum: $3,000
RTN FCU CC: $2,000
CCCU Platinum Rewards Visa: $2,000

Current total limit: $129,500

selfmadetool
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Joined: Tue Mar 26, 2013 9:36 pm
Location: New York

Postby selfmadetool » Fri Mar 29, 2013 4:18 pm

Another great way to post monthly charges to several cards with minimal hassle is by splitting the cable bill.
Bank of America: BankAmericard Cash Rewards ($10k); Accelerated Cash Rewards ($12k)
Chase: Freedom ($2.6k); Amazon.com Rewards ($5k)
American Express: Blue Card Everyday ($14k)
Citibank: Forward ($7k); ThankYou ($10.5k)
Discover: More ($14.5k)
Barclaycard US: Barclaycard Ring ($9.4k)
GECRB: Banana Republic ($4.5k); Amazon.com Store Card ($10k)
Comenity: J. Crew ($3.6k)



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