The 29 Credit Cards In My Wallet Right Now

Maximizing credit cards is one of the best ways to elevate your travel. This can include signing up for the credit cards with the best welcome bonuses, using the right credit cards for your everyday spending, maximizing credit card bonus categories, and taking advantage of other credit card perks.

There are a lot of misconceptions about the impact that applying for credit cards can have on your credit score. I have over two dozen credit cards, and my credit score is excellent.

In this post I wanted to first share a brief intro regarding how applying for credit cards impacts your credit score, then I’ll talk about what goes into my credit card decision making process, and then I’ll share the cards I have open.

How credit cards impact your credit score

There are a lot of misconceptions about how credit scores work, in particular people thinking that applying for credit cards hurts your credit score. That’s generally not true, and in many cases applying for cards can even help your credit score in the long run.

The beginners guide on the blog has a section about credit cards and credit scores, and should provide some insights on that. For context, I have a lot of credit cards, and my credit score is almost perfect, in the top couple of percent nationwide.

For those of you not familiar, here’s what factors into your credit score:

• 35% of your score is your payment history (the percentage of payments you’ve made on-time)
• 30% of your score is your credit utilization (how much credit you’re using compared to your total limits)
• 15% of your score is your credit age (the average age of your open accounts)
• 10% of your score is the types of credit you use (how many different types of requests for credit you have)
• 10% of your score is your requests for new credit (how many times you’ve applied for credit)

What’s most important is that you pay your bills on time, don’t utilize too much of your credit (meaning you want to ideally use 20% or less of your total available credit, and/or pay your credit card bills early), and keep some cards long term, which will help increase your average age of accounts.

The only metric that’s lowered by applying for cards is your requests for new credit, but that makes up just 10% of your score. Furthermore, credit inquiries typically fall off your report after 24 months.

Closing credit cards that are no longer working for you potentially doesn’t harm your credit much either, though alternatively you can also often downgrade credit cards instead.

What I look for in credit cards

For me, there are three things I look for when applying for credit cards:

• Credit cards that offer a big welcome bonus — often the introductory bonuses on cards are compelling, and enough reason to pick up a new card
• Credit cards that offer a generous return on everyday spending — there are some cards you have because they help you maximize the points you earn, either for everyday spending or for specific spending categories
• Credit cards that offer ongoing perks that more than justify the annual fee — some cards are worth holding onto even if you don’t plan on putting much spending on them, because they offer things like elite status, annual free nights, etc.

The 29 credit cards that I have right now

Now let me share what cards I have at the moment. I have 29 open credit cards right now — so far this year I’ve canceled one card and have applied for two cards, so I have one more card than I had at the beginning of 2021.

Here are the credit cards that I have, broken down by issuer:

My nine American Express cards

• Platinum Card® from American Express (review) — this card has a $695 annual fee (Rates & Fees), and offers many perks that help offset it, including Amex Centurion Lounge access, Hilton and Marriott hotel status, a $240 annual digital entertainment credit, a $200 annual airline fee credit, a $200 annual Uber credit, a $200 annual hotel credit, a $189 annual CLEAR credit, a $100 annual Saks credit, and more (some of these benefits require enrollment)
• Business Platinum Card® from American Express (review) — this card has a $695 annual fee (Rates & Fees), and offers perks to help offset that; I signed up for this card when I received a great targeted offer
• American Express® Business Gold Card (review) — this card has a $295 annual fee (Rates & Fees), and has a solid rewards structure; I signed up for this card when I received a great targeted offer
• American Express® Green Card (review) — this card has a $150 annual fee, and offers all kinds of great perks, including 3x points on dining and travel, a $100 annual CLEAR credit, and a $100 annual LoungeBuddy credit
• Amex EveryDay® Preferred Credit Card from American Express (review) — this card has a $95 annual fee, and offers 3x points at US supermarkets (on up to $6,000 of spending per year, then 1x) and 2x points at US gas stations, plus a 50% points bonus when you make at least 30 transactions per billing cycle
• Marriott Bonvoy Business™ American Express^® Card (review) — this card has a $125 annual fee (Rates & Fees), and offers an anniversary free night certificate on your account anniversary every year valid at a property costing up to 35,000 points per night, plus 15 elite nights per year, which more than justify the annual fee
• Marriott Bonvoy Brilliant™ American Express^® Card (review) — this card has a $450 annual fee (Rates & Fees), and offers benefits that more than justify the annual fee, including a $300 annual Marriott credit plus an anniversary free night valid at a property costing up to 50,000 points per night
• Hilton Honors American Express Aspire Card (review) — this $450 annual fee card offers incredible perks, including Hilton Honors Diamond status for as long as you have the card, an annual free night certificate, a $250 Hilton resort credit every cardmember year, and a $250 airline fee credit every calendar year
• Blue Business® Plus Credit Card from American Express (review) — this card has a $0 annual fee (Rates & Fees), and I consider it to be one of the most rewarding business cards out there, given that it offers 2x Membership Rewards points on the first $50,000 spent every calendar year (then 1x)

See this post for the best credit cards for earning Amex points.

My one Bank of America card

• Alaska Airlines Visa® Business card (review) — this card has a $75 annual fee (for one cardmember), and offers several valuable perks, including an annual companion certificate, 50% off Alaska Lounge day passes, a first checked bag free, and 20% back on Alaska Airlines inflight purchases

While I was prepared to dump this card, the companion certificate is worth more than the annual fee to me, especially with Alaska Airlines launching flights to Miami, and American and Alaska now cooperating more closely.

My one Barclays card

• JetBlue Plus Card (review) — this card offers a 5,000 point bonus on the account anniversary each year, plus a 10% refund on JetBlue points redemptions, which to me justifies the $99 annual fee

My three Capital One cards

• Capital One Venture X Rewards Credit Card (review) — this card has a $395 annual fee, but offers all kinds of amazing perks, including a $300 annual travel credit, 10,000 anniversary bonus miles, a Priority Pass membership, amazing authorized user perks, and much more
• Capital One Spark Cash Plus (review) — this card has a $150 annual fee, and this will likely become my go-to card for everyday business spending, especially given that rewards can be converted into Capital One miles
• Capital One Spark Miles for Business (review) — this card has a $95 annual fee (waived the first year), and offers 2x Spark miles per dollar spent, and Capital One miles can be transferred to airline partners

I’ll probably end up canceling the Spark Miles for Business when the annual fee is due, instead focusing on the Spark Cash Plus. That card offers more flexibility, since I can convert rewards into Capital One miles in conjunction with the Venture X.

My 11 Chase cards

• Chase Sapphire Reserve® (review) — this $550 annual fee card offers 3x points on dining and travel, a $300 annual travel credit, and lots of other great perks
• Ink Business Preferred® Credit Card (review) — this $95 annual fee card is the all around best business card, as it offers 3x points on the first $150,000 spent in combined purchases every cardmember year on travel, shipping purchases, internet, cable, and phone services, and advertising purchases made with social media sites and search engines; the card also offers a great cell phone protection benefit, rental car coverage, and more
• Ink Business Unlimited® Credit Card (review) — this no annual fee card offers 1.5x points on all purchases, so is one of the best cards for non-bonused business spending; points can be combined with Ultimate Rewards points earned on other cards
• Ink Business Cash® Credit Card (review) — this no annual fee card offers 5x points on the first $25,000 spent in combined purchases every cardmember year on office supply stores, and on cellular phone, landline, internet, and cable TV services, and 2x points on the first $25,000 spent at gas stations and restaurants; points can be combined with Ultimate Rewards points earned on other cards
• Chase Freedom Flex^SM (review) — this no annual fee card offers 5x points in rotating quarterly categories, and these points can be combined with Ultimate Rewards points earned on other cards
• Chase Freedom Unlimited® (review) — this no annual fee card offers 1.5x points in non-bonused categories, and these points can be combined with Ultimate Rewards points earned on other cards; I downgraded my Chase Sapphire Preferred® Card (review) to this card in 2016
• British Airways Visa Signature® Card (review) — this $95 annual fee card is well worth it to me thanks to all the benefits it offers, like 10% off British Airways flights, up to $600 in reward flight statement credits, and more
• World of Hyatt Credit Card (review) — this $95 annual fee card is worth it for the five nights towards status annually, anniversary free night certificate, as well as the ability to put spending on the card to earn more elite nights and a second anniversary free night certificate
• World of Hyatt Business Credit Card (review) — this $199 annual fee card was recently introduced, and offers a big welcome bonus, up to $100 in Hyatt credits annually, and more
• IHG^® Rewards Premier Credit Card (review) — this card offers all kinds of great perks, including an annual free night certificate valid at any IHG hotel retailing for up to 40,000 points per night, a fourth night free on award redemptions, and a lot more
• IHG® Rewards Club Select Credit Card — this card offers an annual free night certificate valid at any IHG hotel retailing for up to 40,000 points per night, which more than justifies the card’s $49 annual fee; this card is no longer being issued

See this post for the best credit cards for earning Chase points.

My three Citi cards

• Citi® Double Cash Card (review) — this no annual fee card offers 1% cash back when you make a purchase and 1% cash back when you pay for that purchase, and those rewards can be converted into ThankYou points
• Citi Prestige® Card (review) — this card has a $495 annual fee but offers lots of great perks, including a $250 annual travel credit, 5x points on dining and airfare, and more; I’m seriously considering downgrading this card to the Citi Premier^® Card (review)
• Citi® / AAdvantage® Executive World Elite Mastercard® (review) — this $450 annual fee card offers an Admirals Club membership for the primary member, and also lets you add up to 10 authorized users, each of which gets Admirals Club access as well

See this post for the best credit cards for earning Citi points.

My one US Bank card

• Radisson Rewards Premier Signature Visa Card — this $75 annual fee card offers an annual bonus of 40,000 points, which makes it worth holding onto

Bottom line

Hopefully the above is an interesting rundown of the credit cards I have. I’d like to think that almost all of these credit cards serve a purpose as part of my long-term credit card strategy, either because they offer an excellent rewards structure, or because they offer perks that make the cards worth holding onto.

There are a few cards that I plan on canceling at their account renewal, though I’ll deal with those situations as they arise. As you can see, my credit score is also excellent in spite of how many credit cards I have, which should hopefully put some of you at ease who are considering applying for new cards.

How many credit cards do you have right now?

The following links will direct you to the rates and fees for mentioned American Express Cards. These include: American Express® Business Gold Card (Rates & Fees), The Blue Business® Plus Credit Card from American Express (Rates & Fees), The Business Platinum® Card from American Express (Rates & Fees), The Platinum Card® from American Express (Rates & Fees), Marriott Bonvoy Brilliant™ American Express® Card (Rates & Fees), and Marriott Bonvoy Business™ American Express® Card (Rates & Fees).