Comments on: The World Record For Most Credit Cards Owned: 1,497!

By: J. Money

J. Money — Mon, 08 Feb 2016 20:44:07 +0000

In reply to Rose. Smart woman!

By: Pat

Pat — Fri, 05 Feb 2016 18:07:19 +0000

We have a card for our household, one for me, and one for my husband who also consults outside his regular job. Recently he got one for rewards to use for his main job when he travels. Anyway, that is enough to keep track of let alone 1497!!!! Crazy! I’m curious if he only uses one why the others haven’t been closed due to lack of activity. I’ve had that happen to me because let’s face it when you’re issued credit that card company wants to see some use of it or it doesn’t behoove them to service the account from their end.

By: Rose

Rose — Fri, 05 Feb 2016 14:27:53 +0000

I have 3 cards that I actively use, but looking over my credit report last year I found that my old military card was increased to a limit of $7K WTH? haven’t used it in years.

… and duh, a card I got for paying on a dental procedure at 0% interest is considered a real credit card. Who in their right mind would continue to use a card that has 26% interest?

I had been on a mission to find a credit card (for SO) that pays you back 3% on gas and 3% on groceries and gives you a sign up bonus of $200 with only a $500 spending requirement and guess what, I found it:) Sweet!
Paid off every month of course.

By: J. Money

J. Money — Mon, 01 Feb 2016 15:01:52 +0000

In reply to John Robinson.

I don’t think it takes 6 months for scores to move – either up or down. I believe it’s a constantly changing one. (Though not sure how they work in the UK?)

By: John Robinson

John Robinson — Sat, 30 Jan 2016 18:13:10 +0000

I have two current accounts, one with a limit of £2000, and the other with no overdraft facility. I also have three credit cards, with limits of £900, £500 and £1200. I would love to have more, but i have to wait six months for my credit score to go up i think?

By: J. Money

J. Money — Mon, 25 Jan 2016 21:07:42 +0000

In reply to Jake.

Yes, that would be the ideal route – however most people don’t use it :(

I went back and made a note to password-protect the spreadsheet at least… good looking out.

By: Mariann

Mariann — Mon, 25 Jan 2016 02:36:53 +0000

I have one main card I use as a debit card every month and pay it in full. I have a total of 3 other cards with rewards and they are only used if I can benefit from them. Each card has balance from 1,000-1,5000 each. The main card I used has a 1,500 bal and I carry around $350-1,200 each month with an avg of about 800.00 This is for food out, groceries, entertainment, school, supplies, my clothing budget always finding something new to buy, charity donations and gifts (bdays, new babies, weddings etc)…etc …

By: Jake

Jake — Sun, 24 Jan 2016 13:53:48 +0000

For the love of all that is holy, DO NOT add a tab to your unsecured spreadsheet listing the names and passwords of all of your accounts.
Instead, invest in a password manager and USE IT to generate secure passwords and keep track of your sites.
Then, thank me later when your information isn’t easily cracked because of simple and crappy passwords.

By: J. Money

J. Money — Wed, 20 Jan 2016 15:56:12 +0000

In reply to Ksenia. I think he said in a safe somewhere... which is smart!

By: J. Money

J. Money — Wed, 20 Jan 2016 15:51:12 +0000

In reply to Lee S.. Ugh... Your mother is so fortunate to have you around to help w/ that stuff. We're now starting to help out with finances too on our end and gets so scary when they don't know what's where anymore :( And even worse are the email scams going into their inbox every other day! They prey on older people!!