4 ms·
I came to USA 4 years ago and already accumulated probably 15-20 cards. Few of these are store-credit-cards (Kohls and Target) but others are just regular ones.
by hippich 13y ago
I came to USA 4 years ago and already accumulated probably 15-20 cards. Few of these are store-credit-cards (Kohls and Target) but others are just regular ones.
Reason is simple - more credit cards - better credit score in the long run (it ruins your credit score in the very beginning tho)
I am using 3-4 daily depending on current rewards and perks and never carry balance (and as a result, never pay interest.) Like I put electronics on my AMEX simply because these purchases are auto-protected from accidents for 90 days. I put gas purchases on card having 5% cash back on gas stations, etc.
As additional bonus - I put not used cards into glovebox of each of my car and in case I forget/loose my wallet, I still have mean of payment with me.
- monkeynotes 13y agoSo you get a heap of credit cards to make it easier to get more credit (cards)?
- X-Istence 13y agoAmex also doubles the manufacturer's standard warranty, so purchasing Apple gear with Amex is a no-brainer, two years of warranty, means I don't necessarily need to pay for the extended Apple Care warranty. Amex is also exceptionally good when it comes to working with customers on its warranty stuff, mostly no questions asked which means there is almost no hassle compared to some of the other insurance plans offered by other companies.
- tertius 13y agoVisa and Mastercard do this as well. I've had one device fail with with little pushback from MC/Visa and also had two accidents (not my fault) with rentals overseas, covered.