How many credit cards do you own...

[loanstar]

i have 4 and i think that's too many, i intend to keep just two.. 10 is just asking for trouble.

[eisor]

I have 4. I use two regularly. One I use a couple times a year. The other I will not be renewing when it expires. I pay them off every month.

DH has too many. He has 6. But, thankfully doesn't use them anymore. He had a very hard time getting credit. So, a couple of the cards have HORRIBLE terms. We will not be renewing them when they expire. He only uses 3 of the cards. One has a very small balance which should be paid off at the end of this month. Another one has a balance on it at 0% interest and we are working on paying it off. The other one is used for gas and is paid off monthly.

[puppypal]

one personal visa. Balance ZERO
One jcpenny card only to get an extra 15% off, I ALWAYS turn right around and make the payment at the same register right after my buy. That way It will not get hit with the 21% interest that pennys seem to charge.

[kilcher]

2 (only use one of them) and 4 store cards (haven't used those in at least 5 years).

So only one that I use. IMO there's no point in having/using more than one card, nothing good can come from it.

[The Budget Man]

3 Credit Cards

One with a low limit for use on the internet. (In this way I limit my liability if the details are stolen on the internet)

Main Card for business and travel so I have all my claims in one place.

Linked credit card on a cheque account in case we have a bad month. This card means that I never have to worrying when I pay a bill.

[LivingAlmostLarge]

2 cards, MC and AmEx (costco).

[PauletteGoddard]

I have three credit cards: one I haven't used in three years, one I stopped using yesterday thanks to a credit card terms of use amendment that reflected how desperate the credit card issuer is, and my credit union-issued credit card. The first two are issued by the same bank: the issuer of the first card was bought out by the issuer of the second.

I'm thinking of applying for a business credit card at a credit union: that seems to be my best option for getting a credit card issuer that won't be swallowed by a large central bank.

[feh]

One CC, and I use it as often as possible. I don't write checks, and I only pay cash if the amount owed is less than $10.

We pay if off each month.

The rewards systems available are just too good to pass up. We've probably gotten $300 or $400 in rewards checks in the last year. We used a GM card for years...when we bought a Pontiac Vibe in 2002 (built by Toyota), we were credited $3500 off the price (after negotiation).

If you never carry a balance, CCs are a beautiful thing.

[dayana]

I get several credit card offers each month, but I only accept those that come with no annual fee and pay me at least one percent cash back or credit on my purchases. I don't care about the interest rate. It could be some exorbitant rate like 50% for all I care, since I never carry a balance and always pay off what I owe at the end of each month. Right now, I probably have about 15 different cards, but I only regularly use three of them.

[Fred333]

I have three right now. One is for emergencies and the rest I use on a regular basis, but the all have incentive programs.

[DavidSB1950]

We only have 1 credit card.. a Master Card... all our gas is purchased on a debit card and other items are cash purchases

[theMachine]

I have 3 but want to get rid of my sears card and just hold on to Visa / MC ... AND want to chop my balance by them in half....lots of work to do

[debtfreeme]

i have 8. stupidity in my early 20's. i sue none of them but am paying off items. now if i don't have the cash i add it to my want list. usually by the time i have them money for something i don't want it any more. except my new computer. i have not had one in 4 years and it is nice to have one again!

[jeffmem]

I think I have 7 cards in all. Some of them have better rewards so I use them most often, but one of them has a calling card which I find useful in an emergency, but I am trying to reduce the number of cards I have. I owe nothing on any of them so I can cancel them at any time, but some programs no longer exisit so I have cancel the card I lose the bonus... Am looking for a better system now, feel a little irritated about the way some CC companies trick you with their mileage programs..

[mobby]

At present i have one but i have already applied for second!

[mobby]

Originally Posted by The Budget Man

3 Credit Cards

One with a low limit for use on the internet. (In this way I limit my liability if the details are stolen on the internet)

Main Card for business and travel so I have all my claims in one place.

Linked credit card on a cheque account in case we have a bad month. This card means that I never have to worrying when I pay a bill.

Nice!

[Cassandra]

I have one credit card, a visa. I've had the card for one month.

I charge gas and groceries to it only.

Cassandra

[marvholly]

I am up to 11. I know it sounds NUTS but

3 were late hubby w/ authorized user (me) converted to me w/ 25+ years of history-use 2 regularly- 1 for all on-line charges/purchases; one for all foreign transactions (no fees); 1 regular use 1-5% cashback.
1 late hubby w/ me as AU and cc refused to convert (25+yr history)

5 obtained last Dec because:
probs converting late hubby cards
wanted MC w/ cashback to local grocer
had gotten new car where HAD to use dealer financing at 10.99%; transeferred to 3 cards w/ 0% for at least 12 months
2 newest are to move the 10 month old 0% balances for 12-18 months

My original 8k in BT is down to under 5.8K in 10 months. My money to pay off is and was in <1 yr CDs & MMAs. I could easily pay ALL off in the next 15 minutes but why when I am earning >5%?

[doodles44]

I have five cards (two MCs/one discover and two store cards), plus one card issued by my company for business-use only. I only use one card regularly.

[herm4]

Just one, I use it to pay everything and then get the cash back rewards.