Originally Posted by
Boraxo
I think this would be useful in theory, similar to awardwallet which I find fantastic for tracking all of my family accounts.
But you need to think a bit bigger than just keeping credit cards active (to be fair it sounds like you are).
For many of us with established histories, the issue is not keeping cards active but rather cancelling cards to avoid paying AFs. So a good tracker would cover expiration dates, last usage, etc. In addition I would recommend columns for last 4 digits, CVN and expiration dates. I often cross reference such info when prompted by a merchant where I have stored card info. I currently use a spreadsheet and a note to do this but it is highly manual and inefficient process.
Finally I would recommend an AF rather than a monthly fee, similar to awardwallet. Maybe start with a free trial that auto-converts to an AF if people don't cancel.
Interesting idea, but I don't know if that is really the market that I am targeting.
Definitely is such a market, I just don't think that's the one I am in.
If I were to charge annually would be defeating the whole purpose of the market that I am trying to target (keeping cards active on a constant basis).
Just out of curiosity... Do you have one of those super high apy bank accounts that have minimum transaction requirements that I mentioned in my original post like the OnPath CU account?
I feel like it's super underrated in general - Earn 7% APY on CASH + Use the the Credicated 59 cent plan to hit the monthly transaction requirements with no hassle. How else can you earn that much on cash these days??