How Many Credit Cards Do You Have?

ca4cpa on 01/12/2016 - 11:28
Last edited 02/12/2016 - 10:49 by 2 other users

Just wondering how many credit card each one have? And what was the reason of multiple credit cards?

I do have 2 VISA/2 Bank issued AMEX / 1 AMEX.

Reason to have multiple is :
no annual fee (CBA Diamond); $55 annual fee on (ANZ with 2 Qantas Lounge Access); $199 for AMEX Platinum Edge (with free flight offer).

What is your reasons and type of card/annual fee?

Poll question "How many credit cards do you have? (not including supplementary cards)"

Poll Options

  • 15
    1
  • 26
    2
  • 18
    3
  • 19
    4
  • 9
    5
  • 3
    6
  • 3
    7
  • 3
    8
  • 2
    9
  • 8
    10-20
  • 6
    20+
  • 11
    None
Financial

Comments

  • Kangal on 01/12/2016 - 11:31
    +1

    Poll ?

  • Gunther on 01/12/2016 - 11:53
    +1

    Two Cards.

    28 Degrees Card (International Purchases and Travel)
    NAB Premium Card (Used for all purchases and bills. Paid in full monthly to maximize funds kept in mortgage offset.

  • danield on 01/12/2016 - 12:13

    28 Degrees Card (International Purchases and Travel)
    NAB Premium Card (Used for all purchases and bills. Paid in full monthly to maximize funds kept in mortgage offset.<

    Exactly the same as me except I have a third card.

    Citibank Signature Card (used for Balance Transfers - Up to my fourth now)

    • tomsco on 01/12/2016 - 12:26

      Citibank Signature Card (used for Balance Transfers - Up to my fourth now)

      Ooh… I'm waiting for my next offer. Current offer is 8.9% on purchases… Yeh right :/

    • Ash-Say on 01/12/2016 - 12:29

      Once balance transfer promotional period expires, is citibank good at extending the same offer?

      My 24 months 0% balance transfer is expiring soon.

      • danield on 01/12/2016 - 13:59

        I got the first few roled over straight away, it went 6momths, 6months, 12months (I think) then they stopped giving them to me for a while. Recently I was about to get a new 3 month, so I'm hoping to get something again.

        However since I use the NAB as my everyday already, Ive never used the Citibank and the cards have been locked away since day one, so really if I dont get another BT then Im only going to leave the cards locked away and continue calling them once every few months til they give me one anyway.

  • grabngo on 01/12/2016 - 12:19

    3 cards.
    1 for work.
    Use them heaps for points.

  • JIMB0 on 01/12/2016 - 12:22

    Are we talking actual cards, ie. supplementary cards on the same account, or accounts that have an amex/visa combo, or just number of accounts?

    • Baysew on 02/12/2016 - 10:50

      Number of accounts.

  • tomsco on 01/12/2016 - 12:29

    In my name:

    Coles Rewards Mastercards (everyday use)
    28 Degrees

    In my wife's name:

    Citibank Rewards
    28 Degrees

    As danield said, we've mainly kept the Citibank for BTs (done two). Moved to the Coles card a few months ago, considering dropping the 2 (or at least one) 28 Degrees to minimise our liability, but no annual fee has meant I'm not in a hurry.

  • Moderatorhamza23 on 01/12/2016 - 12:35

    Poll added

  • [Deactivated] on 01/12/2016 - 12:41
    +3

    should have an option for none!

    • Moderatorhamza23 on 01/12/2016 - 17:30

      Good point, added

  • c64 on 01/12/2016 - 12:48

    i don't need a credit card, i've got the bikies working for me

  • Olokun on 01/12/2016 - 12:53

    5 cards.

    2x Amex
    1x from home loan
    1x 28 degrees
    1x original bank before all the above happened.

  • Fusakin on 01/12/2016 - 12:59

    I have 3 cards:

    • AmEX Platinum Edge - for everyday use + 4 supp cards
    • AmEx Essentials - only used when I have exhausted all my AmEx offers on my Platinum Edge cards + also 4 supp cards
    • CBA Low Rate - for the $250 cashback. I'll close when I pay off the remaining balance.
  • moar bargains on 01/12/2016 - 14:15

    Ok who selected 20+, and how do keep that many credit cards at one time!?

    I have held… ~15? over the last couple of years, but currently only have 2 active.
    Westpac 55 day platinum - no annual fee for life. Use it for bonus insurance.
    Westpac Altitude plat - no annual fee, using for Q points churn.

    Most I've held concurrently is 3. I'm not sure that anyone should have the ability to spend 1/3 of their annual (pre-tax!) salary in one month, but I didn't do that, and they were happy to give me the points.

    • tomsco on 01/12/2016 - 16:05

      Haha, TBH I'm surprised more people haven't voted 20+.

      It's like the guy that had an other option and asked for people to elaborate on their other. No one did.

      EDIT: https://www.ozbargain.com.au/node/278815

      Yep, we're arseholes.

  • altomic on 01/12/2016 - 15:05

    28degrees + citibank

  • Scab on 01/12/2016 - 15:07
    +1

    None, never had one and never will.

    Debit cards only.

    EDIT: I tell a lie, I did get a Coles card, but that was only for the $100 credit and the card was destroyed immediately after.

    • NotAMoodle on 01/12/2016 - 22:53
      +1

      What's your reasoning for this exactly?

      • tomsco on 02/12/2016 - 21:56

        Maybe concerns of self control.

  • bluesky on 01/12/2016 - 23:19

    I have 6 but use only 4. The other 2 are from the past, but since they are free as well, I did not bother closing them. So, for the poll purposes, I answered 4.

    The 4 that get used are:

    • 2 free Amex - my main card, Essential, and Qantas. They get used a lot, for earning points, cashback offers etc.
    • Citibank Visa - for when Amex is not accepted.
    • 28 Degrees Mastercard - for overseas purchases etc

    So the 4 will provide entire coverage of Amex/Visa/Mastercard.

  • pjcook on 02/12/2016 - 07:47

    none

  • tajid on 02/12/2016 - 15:20

    Mate how do you get free annual fee CBA diamond award card?

    I just refinanced my loan and will have free annual fee until July. Is it easy to call and ask it to be waived?

    • ca4cpa on 02/12/2016 - 16:29

      Free credit card for home loan package.

      • tajid on 02/12/2016 - 21:23

        Ah.. Yea I was on the package then just refinanced to suncorp so wondered if it's easy to get them to waive it in the future.

  • virhlpool on 04/12/2016 - 10:08

    Two cards - One Amex and one non-Amex. I am content with these two. :)

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