How many credit cards do you have?

[SlickFazzer]

I have gathered 4 over the years.

Looking pay them off and just have one for emergencies by end of the year.

[Willie Bee]

None. My wife has about 30, however.

[flyingillini]

4 and hate them.

[bmw530i]

1 chase cc

[jtuck]

0. Attempting to get through life paying for everything but a house up front.

[SlickFazzer]

0. Attempting to get through life paying for everything but a house up front.

solid plan.

[gm2022girl]

3 - Just cuz one is ****, one ********** and one American Express

[onthewhat]

1 chase cc

same

[Shark79]

None .... bad money management if I would have one.

[element1286]

0 - and trying to keep it that way as long as possible

[gordon gekko]

two.

[JBC77]

One ****. I used to have 5 or 6. Took some time but I paid them off then turned them off. Lesson learned.

[playa420]

6, and there all maxed out

[gm2022girl]

Only reason why I have them is because I don't like carrying lots of money around and i get points for using them which i use for free flights to vegas.

[SlickFazzer]

6, and there all maxed out

Dig yourself out of the trap playa!

[MonkeyF0cker]

Zero. Learned long ago how much these fvcks try to rip you off. I'll never own another one in my lifetime. Only debit cards...

[5 star bomb]

3.... I am fukkin barreled in boys. All 3 are maxed out

[purecarnagge]

I have 1 credit card but I'm looking for a new one. They keep reup'n me as a year to year rate. While most people are happy with 8.99% I'm not.

[BeatTheJerk]

0

[durito]

about 45

[smitch124]

about 45

Are you maximizing your bankroll Durito?

[durito]

Are you maximizing your bankroll Durito?

Not now.

But, until recently you could get new cards with 0% for a year on balance transfers. Apply for 10 cards at 20k each, put em in a 5% savings account, make $10,000, pay off cards at end of the year. Repeat.

[Teela]

I had four, but I'm down to one now.

[smitch124]

Not now.

But, until recently you could get new cards with 0% for a year on balance transfers. Apply for 10 cards at 20k each, put em in a 5% savings account, make $10,000, pay off cards at end of the year. Repeat.

They required no payment on the balance for a year? Wow, sweet deal.

[durito]

They required no payment on the balance for a year? Wow, sweet deal.

You have to make minimum payments, but 0% APR. Pay the minimum out the account at 5%. It reduces your return, but only slightly.

You can probably still find some 0% for a year cards, if your credit is good enough, but most deals are 2-3% and most savings accounts are only paying 2-3%, which even at 0% really isn't worth it.

[pico]

you do realize once your interest is large enough, irs gets a cut.

[thezbar]

Two. Mostly used at hotels and car rental bookings. Paid off as soon as the statement arrives.

[HAPPY BOY]

oh about 10 or so.

[durito]

you do realize once your interest is large enough, irs gets a cut.

Right, just like the interest on all my other investments, my dividends, my gambling profits, etc.