Last Friday I wrote a post outlining all the credit cards I acquire. I broke down the cards based on whether I acquire them for the return on everyday spend,the ongoing perks, or for a combination of reasons.
The category in which I had the most cards was the "ongoing perks" one. For example, or I acquire the IHG® Rewards Club Select Credit Card because it gives me a free night at any IHG hotel in the world annually. I acquire The Platinum Card® from American Express because it offers a $200 airline fee credit,Centurion Lounge access, and more. I only withhold cards for the perks whether the ongoing perks outweigh the annual fee, and which they do for all the cards I acquire.
But as I reflected on my cards,I realized I may be using too many cards to maximize my return on everyday spend.
As I explained in the previous post, I acquire the following cards I'm using to maximize my return on everyday spend (including the annual fees and why I'm using them):The post I’m Using Too Many Credit Cards To Maximize My Points… Or Am I? appeared first on One Mile at a Time.
Source: boardingarea.com