Please recommend your credit card

[Anonymous]

I need a new one after closing my crazy-high-APR Barclay's account.

I would like: cash back

Help!

[Anonymous]

If the APR is something that matters to you, you shouldn’t have a credit card. I don’t even know what the APR is on my credit cards because they are paid in full every month.

[Anonymous]

Citi double cash for 2% cash back

[Anonymous]

We use only our Sears MasterCard. We’ve had it for 25 years and it has never steered us wrong. No annual fee and the credit limit is very high (I think it is just over $5000 now) and the rewards are very competitive. I’m not sure it is open to new applicants.

[Anonymous]

Anonymous wrote:I need a new one after closing my crazy-high-APR Barclay's account.

I would like: cash back

Help!

If you know what the APR is then: 1. You shouldn't be using a credit card and 2. Cash back is not your primary concern.

[Anonymous]

Anonymous wrote:We use only our Sears MasterCard. We’ve had it for 25 years and it has never steered us wrong. No annual fee and the credit limit is very high (I think it is just over $5000 now) and the rewards are very competitive. I’m not sure it is open to new applicants.

Do you mean $50,000? Because $5,000 is not a high limit.

[Anonymous]

I feel like this post is a troll

[Anonymous]

Wow, thanks for all the help, guys, and the judgment too. Never mind!

[Anonymous]

I churn credit cards. Such easy money for someone who pays of credit cards in full every month and is super organized. Highly suggest checking out reddits churning, they will have up to do info on the bets credit cards.

I personally use a Fidelity credit card now that has 2% on everything if I put it in my IRA. I already have my retirement accounts with them so am easy decision.

[Anonymous]

Anonymous wrote:

Anonymous wrote:We use only our Sears MasterCard. We’ve had it for 25 years and it has never steered us wrong. No annual fee and the credit limit is very high (I think it is just over $5000 now) and the rewards are very competitive. I’m not sure it is open to new applicants.

Do you mean $50,000? Because $5,000 is not a high limit.

Less than 1% of the top 1% have a $50K credit limit or higher, so don’t even try to pretend that $5K isn’t high by normal standards. You’re the typical DCUM poster complaining about being broke despite having a HHI of $100K+.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:We use only our Sears MasterCard. We’ve had it for 25 years and it has never steered us wrong. No annual fee and the credit limit is very high (I think it is just over $5000 now) and the rewards are very competitive. I’m not sure it is open to new applicants.

Do you mean $50,000? Because $5,000 is not a high limit.

Less than 1% of the top 1% have a $50K credit limit or higher, so don’t even try to pretend that $5K isn’t high by normal standards. You’re the typical DCUM poster complaining about being broke despite having a HHI of $100K+.

Nope, not broke. I have 4 credit cards, with a total limit of about $80k across all of them, the highest individual one being about $34,000. One I use for our every day spend. The others I keep open because of credit history. All are paid in full every month. I use YNAB for budgeting and know where every single penny goes, and because of that everything is on autopay - I don’t spend money that I don’t actually have sitting in the bank. I have no clue what the APR is on any of them because I don’t need to know, since it doesn’t affect me. HHI is just over $200k.

Even if what you’re saying is true, that less than 1% of the top 1% have higher than a $50k credit limit, that still doesn’t make $5,000 a “very high” limit. I can’t believe that after 25 years with a credit card, the limit hasn’t been increased to a much higher amount, unless the card is always maxed out.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:We use only our Sears MasterCard. We’ve had it for 25 years and it has never steered us wrong. No annual fee and the credit limit is very high (I think it is just over $5000 now) and the rewards are very competitive. I’m not sure it is open to new applicants.

Do you mean $50,000? Because $5,000 is not a high limit.

Less than 1% of the top 1% have a $50K credit limit or higher, so don’t even try to pretend that $5K isn’t high by normal standards. You’re the typical DCUM poster complaining about being broke despite having a HHI of $100K+.

Nope, not broke. I have 4 credit cards, with a total limit of about $80k across all of them, the highest individual one being about $34,000. One I use for our every day spend. The others I keep open because of credit history. All are paid in full every month. I use YNAB for budgeting and know where every single penny goes, and because of that everything is on autopay - I don’t spend money that I don’t actually have sitting in the bank. I have no clue what the APR is on any of them because I don’t need to know, since it doesn’t affect me. HHI is just over $200k.

Even if what you’re saying is true, that less than 1% of the top 1% have higher than a $50k credit limit, that still doesn’t make $5,000 a “very high” limit. I can’t believe that after 25 years with a credit card, the limit hasn’t been increased to a much higher amount, unless the card is always maxed out.

You are completely out of touch with reality. The median salary in the US is $50k. Credit limit is based on credit score and income.
I don’t know a cc company that will give someone with a $50k income a $30k cc limit.
$5k is a high limit for the average American making $50k.

[Anonymous]

Anonymous wrote:Wow, thanks for all the help, guys, and the judgment too. Never mind!

You are on the wrong forum. Most people on DCUM are very wealthy. They don’t have to borrow money from CC, so the APR doesn’t matter.

[Anonymous]

OP, check out NerdWallet. They have reviews of credit cards. I chose my latest that way (I small time 'churn'). Mine is US Bank Altitude Signature Visa, which I got because I get triple points on gas and tolls (Nerdwallet rated it best for commuters).

But I don't even look at the APR because I pay it off always. If APR is important to you, look at credit union cards-my 'keep always' card is one.

[Anonymous]

Centurion Amex- best customer service. You’re welcome.