List of cards

For just about anything you want to get off your chest about credit cards.
4 posts
FskCramer
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List of cards

Postby FskCramer » Sun Feb 16, 2014 6:02 pm

If we were to come up with a list of cards for everyone looking to build up credit to the point of having over $250k availible which cards would you recommend they have? My goal is to have 10 HIGH limit cards and nurture those.


takeshi
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Postby takeshi » Wed Feb 19, 2014 7:57 am

Selecting cards is a subjective matter. If your only concern is limits it's not the cards that are going to determine your limits. It's your credit and income.

FskCramer
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Location: Michigan

Postby FskCramer » Fri Feb 21, 2014 5:16 am

Right and having above a 750 is this years goal with 800+ as my long term goal.

However how much does income play into it vs how much you spend and pay off? I would imagine some card companies are more likely to give you high limits vs other companies (i.e. a express shopping credit card)

randeman
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Postby randeman » Sun Feb 23, 2014 10:47 pm

I would be willing to bet someone would need a very high income to get a $25K Amex. Assuming you had ten cards with a $25K limit totaling up to $250K. And you may even have that income. I don't hate ya for it if you do.
Cards and Credit lines Acquired:

Escape by Discover (7.75K), Barclay Holland America Visa (7K), Macy's store card (7K), Bloomingdale's store card (2.6K), Citi Custom Credit Line (3.5K), PayPal Smart Connect credit line (2.7K), Chase Freedom Visa (5K), Chase United MileagePlus Visa (5K), Chase Sapphire Preferred Visa (6K), Amazon store card (2.2K), Lord & Taylor store card (550), Nordstrom store card (1500), Gold Delta SkyMiles from American Express (3K), Discover It (6.5K), PayPal Credit Line (1K).



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