tr87 wrote:I applied for AMEX, Discover, and Chase Freedom. All approved.
Capital One - $500
Barclay Card Visa - $2800
Amex BCP - $2000
Discover - $1000
Chase Freedom - $3000
My question is, what is the best way to manage these?
Why would you apply for all these cards without a plan of how to utilize them!? Especially since some of them have sign-up bonus min spend requirements that I would be surprised if you can meet all at the same time.
Regardless: figure out the rewards associated with each and spend accordingly. When the Freedom has 5% on gas use it for gas. When it doesn't, use the AmEx. When the it has 5% cash back on restaurants, use it. Then switch to the Freedom the following quarter. Etc, etc, etc...
Citi Forward ($10.1K), AmEx Blue Cash Everyday ($30K), Chase Freedom ($12.4K), Discover it ($5.5K), Barclaycard Arrival ($12.5K), L.L. Bean Visa ($5K). FICO 806 (TU), 812 (EQ), 806 (EX).