I have the Discover Chrome, AMEX Blue Cash Everyday, and Capital One Quicksilver One (Annual fee). My Discover card is my oldest, a year and a half old. AMEX six months old but no CLI. Capital One very new and highest credit limit.
I saw that AMEX wont let me put my cashback in my bank account, I can only pay off a statement or by gift cards or whatever else they offer. On top of that I read they dont give you the full amount. If I use it on a statement every dollar is worth less or something along those lines.
While my Discover card isnt amazing and CapOne is an annual fee, they have there perks. My Discover is my oldest and Ive run into issues with paying with my Discover and AMEX since they arent accepted everywhere. My AMEX card has great cashback rewards but I didnt realize I couldnt get the money directly and the value drops.
Im worried I have too many cards which will make it harder to raise my score and get higher credit limits but I always pay them off before the statement closes and carry a zero balance. Im not sure what to do and my AMEX card just never really interested me, I got rejected for a different card at the time and I was told to just apply for an AMEX card since it was easy to get so the hard inquiry I took would be worth something. I just dont know if Im using credit cards well enough to benefit me.
Submitted May 14, 2019 at 09:31PM by throwawayshoes2 http://bit.ly/2WHc1MN
