kdm31091 wrote:Exactly -- they definitely need to think carefully. Too many people end up with too much overlap in cards.
Some people don't mind having Discover and Freedom both. It also obviously depends how many cards you're comfortable with. Since I personally like no more than 5 cards, I wouldn't "waste" two slots with very similar cards. But it doesn't cost anything to keep a Freedom open. It's just dubious how much value it will bring to OP at such low spend, and he will likely end up with something like $1.67 in rewards on the Freedom if used occasionally with his low spend. Not really worth it.
What are (or, if not all in place, what would be) your 5 cards?
We seem to agree that it's wasteful to have similar cards. We seem to disagree over how similar Freedom and IT are, though.
**I suppose if you want to get down to 5 cards with travel perks, then maybe there's not room for both.
If I had to pick 5 of my 10...hmm...what would I do?
Definitely drop Sallie Mae, Brooks Bros, and BCE...that would take me down to 7.
I'd want a MasterCard, and the new IHG would kick out Arrival, too.
PRG, EDP, Freedom, It, IHG, and CSP would remain. I'd probably drop PRG or EDP...so all 3 Chase cards would survive, as well as Discover and an Amex.**