Originally Posted by
ekmom
Wow, this is complicated. I was hoping I could just open a card, charge stuff on it, and sit back and accumulate miles. Maybe this isn't for me after all. Doesn't it hurt your credit score to keep opening cards?
Which one do you prefer:
1. 800 credit score - limited number of CC for all your expenses
or
2. 760 credit score - numerous CC (10+) but get all your hotel + tickets paid by the CC company.
If you prefer 1, just get Chase Sapphire Preferred & Chase freedom or Chase United.
If you prefer 2: Start learning this thread + Manufactured spending thread. No pain no gain. FWIW: we just came back for 8 days trip to hawaii (tickets + hotels paid by Chase United + Hyatt + Holiday inn, 3 CC each between my wife & I) We're going to Hilton Barbados (5 days) next april paid by Citi
It helps that my wife & I have no need to apply for mortgage or car loan in the near future.