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gt_ap t1_j49dp7o wrote

Reply to comment by wanted_to_upvote in USA Credit Cards: Card Balances v. Interest Rate [OC] by rosetechnology

I sign up for a new card, earn the SUB, and quit using it. I move on to the next new card.

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wanted_to_upvote t1_j49j18f wrote

That likely affects your credit rating and rates you will get offered in the future. Even if you stop using the card it is still an active account and will be a part of your credit.

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gt_ap t1_j49o7gu wrote

> That likely affects your credit rating and rates you will get offered in the future. Even if you stop using the card it is still an active account and will be a part of your credit.

It's not clear if you mean it will affect my credit rating in a positive or negative way, but I'm doing alright in that regard. My FICO hangs around 800. My average age of accounts is 5y 11m. My oldest account is 25y 10m. I have zero issues opening new credit cards, except I have to watch the velocity with Chase because of their 5/24 rule.

I've been opening new cards regularly for at least a decade, but much more often in the last several years.

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