Anyone good at Math? How to figure best possible AAoA in 5 years.

For just about anything you want to get off your chest about credit cards.
2 posts
Centurion Member
Centurion Member
Posts: 125
Joined: Wed Dec 05, 2012 12:47 pm
Location: Iowa

Anyone good at Math? How to figure best possible AAoA in 5 years.

Postby s.jessica » Tue Mar 19, 2013 9:30 pm

For those of you good with math. I've been burning up my brain trying to figure this out for someone. Let's say I have 2 cards now that I've had for one year. I want to build up to 5 or 6 cards. Would like to have at least 3 cards by the end of the second year. How would I do this so I would have the best possible AAoA at the end of 5 years? In this case, would it be best to use 3 cards for 5 years before applying for another?

Does it complicate things if you start from say 1 secured card you know you'll have to cancel, add a second secured card, apply for 2 AF cards, cancel your secured cards, apply for 2 more NO AF cards, then cancel your AF cards? After the second year you've had 6 cards and cancelled 4 so now you have 2 left. So when you get your secured cards, your AAoA is 0 years, after the first year you add 2 AF cards your AAoA is 0 years, after the second year you add 2 good cards and now your AAoA is 1 year. Add 2 more cards after your 3rd year and now your AAoA is 1.5 years. Correct?

If you don't feel like answering, I likely messed up the question anyhow.

Centurion Member
Centurion Member
Posts: 331
Joined: Tue Sep 11, 2012 12:21 am
Location: chicago

Postby paparoach429 » Wed Mar 20, 2013 1:25 am

Tough on the brain, plus its late lol but from what I gathered you were correct up until your second to last sentance. If you have 2 cards ages 1 year and then add another 2 brand new cards Im guessing your AAoA would be .5 years. But back to your original question, your best aaoa in 5 years would be if you opened up all 5 cards now and didnt apply for any new cards within those 5 years your aaoa would be 5 years. Give more info on your situation. (If you can only obtain secured cards or cards with annual fees at the moment and im sure we would be able to give you a better scenario).

Return to “General Credit Card Talk”

Who is online

Users browsing this forum: No registered users and 3 guests