Guys! Did you know there are credit card forums

[Deleted]

Where in their signatures, instead of baby tickets and stuff, people list the credit cards they've been approved for and theirs pending limits? What kind of madness is this! I had two thoughts: (1) MM on steroids; and (2) way to invite identity theft.


OK, Let's be honest: (3) a $4K credit limit is really not something to brag about.

creditcardforum.com/american-express/7251-amex-pay-over-time-beneficial.html


Since someone will ask, I was researching whether to opt in to a pay over time option on my AmEx. I wasn't cheating on ML with a credit card board.

[mcmel]

I feel like we may have just lost half our MM regs.

[kirra]

Lol yes. I found them when I was googling how long I had to dispute a collections call before it showed up on my credit report (not my fault- the hospital was payed by my car insurance company, but lost the check and sent it to collections, and I hadn't paid it because I had in writing that the car insurance company paid the bill).

[mudslide]

That's kind of funny

[TrickyBob]

I'd love to see all their debt.

[elleblue]

Lol, wut? 

[Deleted]

Why do they have 10 credit cards? And why are they so proud of it? Weeeeird.

[Deleted]

Way to make a girl feel exceptionally poor. That one person has a higher line of credit on all of their cards than I could ever dream of making in a year.

[laddie]

They have a lot of cards. Strange.

[VillainV]

Ew. Nobody needs to know how many credit cards I have and what the limit is.

[CheshireGrin]

What in the world would you talk about in a forum like that? And why would you want to advertise how many credit cards you have?

[Deleted]

What does number of credit cards or their limits have to do with any other facet of life? Debt potential? This is such a weird thing to be proud of.

[5hole]

Yes, I'm ashamed to admit I know about this. I will say there is a very ingenious group of people who figured out how to make $ off the big banks this way. You get more and bigger credit limits, pay them off responsibly, then get large limit/no interest cards and invest the money into short term CDs. Wallah! Cash in the CD, pay off the card, keep the interest, rinse, repeat.


Sent from my iPhone using Tapatalk

[Deleted]

Hahaha -- I've spent enough time on Flyertalk that I know all about that. And think it is bizarre.

But ... while it's a funny little world, it can be helpful!

[Deleted]

Wow.
Why in the hell would someone need that many CCs with that high of limits though? I can't even imagine what they must be spending.

[snickers]

Mar 3, 2014 1:29:05 GMT -5 @jezebel said:

Why do they have 10 credit cards? And why are they so proud of it? Weeeeird.

This.

It's not actually your money people!

[wambam]

Mar 3, 2014 8:03:29 GMT -5 @silver said:

This is such a weird thing to be proud of.

This.

Good for you...?

[missyny]

Unreal.

Sent from my SCH-I535 using proboards

[Deleted]

Does it show how much debt they have on those cards or just the credit limit?

[pantsparty]

Mar 3, 2014 10:25:30 GMT -5 nuggetbrain said:

*Is a lurker on the credit card forums*

I think it's no different than talking about how much of the sex you have with your husband and your favorite positions. Just, you know...about money.

Would you put your favorite positions and how much weekly sex you have in your signature?

[MWOS]

I bought a mattress in January and now I have a Mattress Boss credit card.

Do you know how embarrassing it is to have a MATTRESS BOSS credit card? That shit is getting canceled as soon as this check clears.

[pantsparty]

Mar 3, 2014 10:32:47 GMT -5 MWOS said:

I bought a mattress in January and now I have a Mattress Boss credit card.

Do you know how embarrassing it is to have a MATTRESS BOSS credit card? That shit is getting canceled as soon as this check clears.

WHUT. I want a MATTRESS BOSS card!

[EmilieMadison]

This is amazing. 

[MWOS]

Mar 3, 2014 10:34:00 GMT -5 pantsparty said:

Mar 3, 2014 10:32:47 GMT -5 MWOS said:

I bought a mattress in January and now I have a Mattress Boss credit card.

Do you know how embarrassing it is to have a MATTRESS BOSS credit card? That shit is getting canceled as soon as this check clears.

WHUT. I want a MATTRESS BOSS card!

On the one hand, it makes me feel like I'm an excellent sexual partner.  On the other hand, it makes me feel like an excellent sexual partner.

[sawyerthedestroyer]

So they're good at being in debt. Good for them, I guess. :^)

[emjacobs]

Dude, this is a lot of credit cards...I wonder what his debt looks like
Current Cards:
American Express:Grandfathered Blue Cash CL 34k member since 89
Chase Freedom CL 7.5k member since 04
Chase Marriot Rewards Premier CL 20k member since 13
Chase Sapphire Preferred CL 25K member since 13
Bank Americard Cash Rewards Signature Visa CL 14k member since 11
Discover Cashback Bonus $10.5k member since 11
US Bank Cash + Signature Visa 15k member since 12
Citibank Thank You Preffered World Mastercard $16.5k member since 14

[SKP82]

Just because you have a lot of credit cards with high limits doesn't mean you have a lot of debt.

From what I've read, it seems that a lot of those people have come back from really poor credit scores. They get and give advice on how to get higher credit limits and how to manage your credit rating. In my opinion, it's like putting a weight loss ticker in your siggy on a weight loss forum.

[emjacobs]

Mar 3, 2014 10:40:00 GMT -5 pagas said:

Mar 3, 2014 10:37:21 GMT -5 emjacobs said:

Dude, this is a lot of credit cards...I wonder what his debt looks like
Current Cards:
American Express:Grandfathered Blue Cash CL 34k member since 89
Chase Freedom CL 7.5k member since 04
Chase Marriot Rewards Premier CL 20k member since 13
Chase Sapphire Preferred CL 25K member since 13
Bank Americard Cash Rewards Signature Visa CL 14k member since 11
Discover Cashback Bonus $10.5k member since 11
US Bank Cash + Signature Visa 15k member since 12
Citibank Thank You Preffered World Mastercard $16.5k member since 14

We have a lot of credit cards and cancel/open them all the time to earn the most miles/points.  I have never carried debt on a card, they get paid off in full every month.  DH considers it a fun game to try and earn as much travel crap as possible.  I just get annoyed with having to update autopay stuff so often, but we earn a lot of free travel from it.

Do you have $142k+ in credit cards? That was my biggest surprise with the above, I get people having several cards for several reasons, but that could buy a house. 

[Champagne Supernova]

I don't understand how one can have that many credit cards.

CC companies charge an annual fee right?

[SKP82]

Mar 3, 2014 10:42:30 GMT -5 emjacobs said:

Mar 3, 2014 10:40:00 GMT -5 pagas said:

We have a lot of credit cards and cancel/open them all the time to earn the most miles/points.  I have never carried debt on a card, they get paid off in full every month.  DH considers it a fun game to try and earn as much travel crap as possible.  I just get annoyed with having to update autopay stuff so often, but we earn a lot of free travel from it.

Do you have $142k+ in credit cards? That was my biggest surprise with the above, I get people having several cards for several reasons, but that could buy a house. 

People get different credit cards for the different rewards/bonuses. They keep the ones they already have because it looks good on your credit to have open credit cards with low balances for long periods of time. That's why that person put that he's had that CC since 1989. It looks good on his credit report.

It is not advised to open a CC and then cancel it. Just pay it off, keep it open, and don't use it if you don't want to.