How many credit card you have?

@Margarit (3677)
Philippines
September 13, 2008 10:20am CST
Credit card nowadays is widely use in purchasing. So when i got my first credit card i feel honored to have it for not everyone can had. Since i have a good credit standing, i got a lots of offer from the other banks to use their credit card. Now i have 8 credit cards active some of them i already cancelled it for it is too many to handle.
6 people like this
43 responses
@dodo19 (34012)
• Beaconsfield, Quebec
4 Dec 08
No, I don't have a credit card. Right now, I have no real use to have a credit card. The only banking card that I have is a debit card.
2 people like this
@Margarit (3677)
• Philippines
5 Dec 08
Good thing that you have debit card dodo19, It is not really good to have credit card if you are not very decipline in yourself. I have some problems in paying it of until now. Thanks for the respond.
@my2boys (821)
• United States
4 Dec 08
I have 4 credit cards. I just payed one of and cancelled it and I am trying to pay off one more so that I can cancel that one. I will just keep the three then.
@Margarit (3677)
• Philippines
5 Dec 08
Good thing that you all ready cancelled some of your credit cards for you my not get tempted to use it in your wants. I am planning to cancelled my cards if they will ask for annual fee for i dont use it anymore. I just left it at home most of the time. Thanks for the respond.
• Australia
4 Dec 08
Never had a credit card and managed to get by without one. I use bank deposit instead and try to contact the person if the payment option is not available. I'm afraid if i get a credit card i'll have a hard time keeping track of my spending so it's better to know my limit since i don't have much money myself. Maybe one day i'll get it for convenience sake.
2 people like this
@Margarit (3677)
• Philippines
5 Dec 08
hi antioxidant, i would suggest not to have credit card for is not really good to have it. I regret of having credit card for i am having some difficulties of paying it. Use debit card instead. happy posting.
15 Sep 08
I dont have any credits cards, I have one debit card which I use. I was put off using credit cards after seeing my dad get into debt over his. The bank did offer me on and I accepted but I never registered it so a year later they cancelled it!! I have never had the need to use a credit card, if I cant afford something then i cant have it or I will save up so that I can have it!!
1 person likes this
@Margarit (3677)
• Philippines
16 Sep 08
I agree with you, But i dont have to save anymore to buy things that i like. The disadvantage of it is when payment time and you dont have enough cash to pay it. Im glad that i have a parents to the rescue. lol
16 Sep 08
My brother has a credit card and when he uses it, he puts money aside so that when he has to pay it he has money to do so!! I dont understand why people go mad with a credit card knowing they have to pay it off eventually!! I hate borrowing my parents and will only ask them if it is a last resort!!
1 person likes this
@Margarit (3677)
• Philippines
16 Sep 08
I go to my parents help only if i dont have enough cash but i will pay them later when i have extra money with enterest ofcourse. I dont want my name to be blacklisted for not paying the purchases i made and i dont like to pay the interest charge so i see to it to pay ontime.
@dogsnme (1266)
• United States
13 Sep 08
I have six. I have put 5 away while I pay off the debts. The only one I use currently is my gas card.
1 person likes this
@Margarit (3677)
• Philippines
13 Sep 08
Im planning to cancelled my cards and maintain atleast 2 of them for too many to handle. And the annual fee is a big extra cash out for me to pay. Thanks for responding.
@dogsnme (1266)
• United States
13 Sep 08
Thankfully, none of mine have annual fees.
@Margarit (3677)
• Philippines
13 Sep 08
oh, really. why? good for you.
• Philippines
13 Sep 08
Now I have only one "VISA" credit card, but I'm planning to get another one. I have not decided yet from what bank to get, because I've heard many have experienced difficulty in paying their credit cards. I'm thinking of getting a HSBC or a BPI card. Before I had CITIBANK MC which I kept for almost 8 years. Do you have any suggestions? Maybe you an help me... thanks..
@Margarit (3677)
• Philippines
13 Sep 08
I have Citibank visa, BDO mc, HSBC visa,HSBC mc, PSbank MC, Unionbank Visa, Eastweastbank mc, Equitablebank visa, jcb, standard charterbank mc all are active account and im using all of them. Mostly i use HSBC, Eastwestbank and BDO because the bank is just walking distance in my work place so it is easly for me to pay it on time.
• Philippines
13 Sep 08
Thanks for the info. I guess I really have to see first which bank will accept credit card payments. Before I have CITIBANK MC and I pay dues via RCBC bank branch near our Municipal Public Market. But because I canceled my credit card from them before, I guess I will be blacklisted. Anyway, I'll check HSBC or BDO. Thanks again..
1 person likes this
@Arkie69 (2156)
• United States
13 Sep 08
I don't have a single credit card and haven't had for several years. However I did apply for a Social Security debit card the other day which is just a prepaid credit card. I hope Capital One doesn't get hold of your personal information. Someone in their company that can approve credit cards is stealing peoples personal info and then getting cards in their name and them maxing them out. They sued me for a credit card that was maxed out with a $5,000 limit. I never saw the card and did not use it. They still attached my checking account in the bank and took everything I had in it. The other day my Daughter got a call from them saying she owed them $2,000 on a credit card. I know as a fact she has never had a credit card. Needless to say I don't put a lot of my personal info on the internet any more and I sure wouldn't use a card to buy something on the net.
1 person likes this
@Margarit (3677)
• Philippines
13 Sep 08
That is one of the disadvantages of having a credit card. some people steal your personal infos and use your credit card account number to pay things that you didnt actually bought. thanks for responding.
@Arkie69 (2156)
• United States
13 Sep 08
I had one of the Western Union prepaid cards a few years ago and it worked out pretty good all but the cost to use was pretty high. You couldn't put over $300 on it so if someone stole it they wouldn't get much. I used a on the internet but I would wait to see what something was going to cost then go put that amount on it.
1 person likes this
• Philippines
13 Sep 08
nope, i dont have one. I believe in the saying that if you dont have the money i mean cash to pay it straight away then you dont have the right to buy it.. hahaha.. simply put i dont trust myself with credit cards.. hahahahaahha
1 person likes this
@Margarit (3677)
• Philippines
13 Sep 08
Well i suggest not to have one because if you have you are tempted to buy unimportant things which can lead to overspending. thanks for responding.
@Arkie69 (2156)
• United States
13 Sep 08
Twinkie that makes you a lot smarter than most. If we are not real careful credit will wreck this nation. Look what it has dome to the housing market in the past year.
1 person likes this
@my125125 (822)
• Malaysia
14 Dec 08
Hi Margarit, I have 2 credit card for last time, but now I only have 1 credit card. Seen I use my credit card for paying loan bill, insurance bill, water or elecrical bill, shopping, so I can collect many point for exchange. That's the reason my credit card always get over limit, so what I think is I should get 1 more credit card.
1 person likes this
@Margarit (3677)
• Philippines
14 Dec 08
Hi my125125, Well if to can manage your credit card very well by paying it on time, i guess you should have more credit card for your advantage, I have many credit card for a moment but it gives me disadvantage than advantage for i mismanage it. Thanks for the respond.
• Malaysia
12 Dec 08
I have four but I only use two of them. I try to control myself not to use credit cards too often as it will cause me to overspend easily.
@Margarit (3677)
• Philippines
14 Dec 08
Hi chynthiacwc, Good thing that you manage your card wisely, actually credit card is good but you should use it with decipline and not to over spent it for it is still consider as cash. Thanks for the respond.
@borgborg (821)
• Philippines
9 Dec 08
I have one but Its only an extension card from my mom. I really don't want to have because I feel it will urge me to shop more and besides you have to pay for membership fees and all that! I prefer to handle my finances without a credit card though...
1 person likes this
@Margarit (3677)
• Philippines
11 Dec 08
Thats good thing brogborg, Cash is good that credit card for you can handle your finances well than using that card. Thanks for the respond.
@bcl_me (583)
• Philippines
5 Dec 08
I do not have any and I do not want any
1 person likes this
@Margarit (3677)
• Philippines
9 Dec 08
Good choice bcl_me, Credit card is good if you are very dicipline in your expenses but if you are not dont try to have it for it can cause a major problem in the future. Thanks for the respond.
@sweety_81 (2129)
• India
5 Dec 08
Well;so far I have not used any credit card .
@Margarit (3677)
• Philippines
5 Dec 08
Good for you sweety, if you havent use it dont try to use it for it is really addicting. You must be very decipline and have plenty of cash to pay it in due time if you like to use it to avoid financial problem. Thanks for the respond.
@joystick7 (730)
• India
4 Dec 08
I had 8-10 in the past.... Now I own only 2 of them.. Earlier I was happy to have more now I am happy to have less..
1 person likes this
@Margarit (3677)
• Philippines
5 Dec 08
hi joystick, good for you have already cancelled your other cards. I still have many credit cards now but i dont bring it with me to avoid unnecessary purchases. thanks for the respond.
1 person likes this
@lisa0502 (1726)
• Canada
1 Dec 08
I have many cards and I wish that I did not have so many. I think that they can get you into lots of trouble. I have used up all the credit given to me on them. Now I have to continue to pay and it will take alot of time and extra money to do this.
1 person likes this
@Margarit (3677)
• Philippines
1 Dec 08
same here lisa, It is also my problem knnow how to pay all my debt. I have to work hard to pay all the bill i have for now. i dont have any saving because of that. thanks for the respond.
@suspenseful (40316)
• Canada
28 Nov 08
I have seven credit cards and I only use two. Two of the major credits are joined credit cards with my husband and the only time I use them is when he left his card at home and then he pays. The two I use I pay off when the statement comes due. I have a good credit standing. I was thinking of getting a Capital One but since I am a pensioner, I doubt I would qualify. But two is enough for now.
1 person likes this
@Margarit (3677)
• Philippines
1 Dec 08
hi suspenseful, I dont bring my card anymore to preven to use it on unnecessary thing. i wanted to be more careful in using it for i am still having problem on paying all my bills. Thanks for the respond.
@missybear (11395)
• United States
14 Sep 08
boy i wish i could get a credit card. i had 4 of them like 15 years ago. now i just have bad credit. it sucks. you need at least 1 card, some places dont take cash.
1 person likes this
@Margarit (3677)
• Philippines
14 Sep 08
Where is that place that doesnt take cash? Im just curious. Thanks for responding.
• Singapore
14 Sep 08
I have one debit card and 1 credit card. I don't think I need any more than these. For places where charging to a credit card incurs higher charges, I use out locally accpeted debit card instead. I use the credit card to collect points to redeem for vouchers. I make sure that I have enough money to spend before I use the credit card. I used to have a few more which the bank offers but I cancelled those once the free subscription is up. Then I just keep only one. It's easier to keep track of your spending that way.
1 person likes this
@Margarit (3677)
• Philippines
14 Sep 08
well i think i should have a debit card too. For i dont have to worry about paying it out later. thanks for responding
14 Sep 08
I have one card, whic I only got as I needed to start a credit history (I plan to get a house at some point so this is important). I don't really like credit cards, I'd rather stick to cash and debit. I use mine responsibly and so it isn't really a problem.
1 person likes this
@Margarit (3677)
• Philippines
14 Sep 08
You are creative_genius, too many card is useless anyway. so to have one or two credit card is enough already.Thanks for responding
@Jestin (560)
• Philippines
14 Sep 08
Like most of the responses here, I don't have any either. I have a debit card though which I use when I don't have time to withdraw money or I just don't feel comfortable carrying cash with me (there's not much to carry anyhow..) I used to feel embarrassed before because all my friends have at least a couple of credit cards but I'm happy that I settle my purchases right there and then at the shop. I sometimes think that it'd be nice to have defer my payment on big stuff though but saving and being patient while saving is something that I'm proud that I am able to do.
@Margarit (3677)
• Philippines
17 Sep 08
Jestin,Don't feel bad to have none. The important thing is you manage your money wisely. Everyone is different. We do what we think the best and that's all it matters. Happy mylotting.