1 is enough, 2 is too much!
By elean6785
@elean6785 (96)
Philippines
October 11, 2007 1:47am CST
How many credit card do you have? I have one and i don't plan to get another one unless its provides better services and benefits from my existing one.
An agent called yesterday and was offering a credit card, i already told them few months before that im not interested. But they called yesterday and was asking for information and etc. i didn't have the urge or guts to says that i don't want anymore credit card because she is talking and eventually given/verified information their asking. I even told here that i didn't apply for one but she said citibank passes applicants info to them. The problem is i don't want to send info and other papers needed to process this card cause i don't plan to use the card anyway. But they kept insisting that they send the card inactivate.
Now i'm stuck in the middle, bet their gonna call next week cause ( its also my fault failed to argue with them that i really don't want any card) i said i'll just fax( the id, payslip an it next week
So i know that part of it was my fault cause i didn't stick to the "I'm not interested answer". What am i gonna say if they called back?
5 people like this
18 responses
@aseretdd (13730)
• Philippines
11 Oct 07
Eventhough they already have the information that they need from you... they cannot process the credit card unless you send them the documents that they need... i suggest that... just don't send them anything...and when they call back just stay firm about the ï'm not interested answer... if not... you will be stuck with another credit card... and when you have it in your hands... you will be tempted to use it over and over again...
3 people like this
@elean6785 (96)
• Philippines
11 Oct 07
Thanks for your great advice and response.
2 people like this
@elean6785 (96)
• Philippines
11 Oct 07
Paying cash is good. At least you don''t have to worry about the payment once you get the bill. Thanks for your response.
1 person likes this
@lingli_78 (12822)
• Australia
11 Oct 07
i have two credit cards but i only use one... the other one is really for emergency and i hardly use it... i am really careful when using my credit cards... i make sure that i will be able to pay it back... otherwise, i won't use it... i don't want to end up in debt... it is very easy and tempting to use it...
1 person likes this
@elean6785 (96)
• Philippines
11 Oct 07
That's the smart thing to do. Having 2 cards but using only one. It's fine with me but as long as the other one have better services, benefits and lower interest rates that would be good. But the banks who keeps on calling have a bad service according to one of my co worker.There's kinda flaw in their services and promos or reward system. I guess they only use it marketing strategy to acquire more clients .
1 person likes this
@gapeach65 (805)
• United States
11 Oct 07
You wouldn't be able to use the card until it is activated. If they do send it to you, cut up the card and send them a letter to close and cancel the account, if you don't it may still show up on your credit report (I found that out the hard way, you have to tell them in writing to cancel it). My husband and I have no credit cards and won't ever have one again, we had too much trouble with the ones we had. We only had a debit card, so we could still use it online for some things. You have to be careful with those too, we were victims of fraud with that recently. If you don't want a credit card, don't let the companies bully you, stay strong and tell them no, hang up on them if they persist. Good luck.
@elean6785 (96)
• Philippines
11 Oct 07
yah, you're right. According to asereted, i just don't send them the documents needed so they can't process it. Just can't understand how the agent think, i just told them that i don't have any plan of using your credit card so why are they pushing. Thanks for your response. Have a nice day.:D
1 person likes this
@michfroi (413)
• Philippines
11 Oct 07
i got one credit card and i have a pending application in two banks...but im not expecting it to be approved cause one is also enough for me but if ever it is approved. it is ok. no problem with me on that...if i have one, two, three or more
1 person likes this
@elean6785 (96)
• Philippines
11 Oct 07
Yah, you're right one is enough. I just don't want to go through any hassle of cancelling or deactivating the card once i received it cause i don't plan to use it anyway.
Thanks for your response. :)
1 person likes this
@izathewzia (5134)
• Philippines
11 Oct 07
I used to have 3 credit cards but I cancelled all because I was addicted in using it and leaved me a big amount of debt. it took me years before i paid it in full. Since then I never tried having one again. I don't want to experience the same dilemma again.
1 person likes this
@elean6785 (96)
• Philippines
11 Oct 07
Credit card just put you in debt so i don't really like having many credit cards. There are known rich people who doesn't have a credit card. (Just forgot his name) Good thing without credit card is that you can save more. Thanks for your response. :D
1 person likes this
@anjalisk2005 (1492)
• India
16 Oct 07
yes i do have three credit card which i carry around instead of carrying lumps of cash.its more secure in doing larger tranaction.rather its a more popular mode of payment and is widely used one.it extends ur spending limit.it has its pluses and minus.but u just can't do without it.
@elean6785 (96)
• Philippines
22 Oct 07
I agree with you too. But sometimes credit card makes you over spending your allowable income per month. Thanks
@monkeywriter (2004)
• United States
12 Oct 07
Sadly it begins with one. And it continues. To date I have 4. Wow. And NO more I mean it! Well I have 4 actual c.c.'s. Then I have one for my computer & one for dental so I guess thats 6... yeah. I guess thats bad.
@elean6785 (96)
• Philippines
13 Oct 07
Wow. you have too many. I imagine its quite difficult to handle that really needs discipline in using the credit card. Thanks for your response.
@sheenshaukat (2617)
• Pakistan
12 Oct 07
Hi elean785. Credit card is key to internet, as I think. I applied for American Express. But I faild to get it till now. You are lucky enough that you have one. If you are trying for another that will be more than your need. This will cause to create the confusion I think. Access should deny.
@elean6785 (96)
• Philippines
24 Oct 07
Try to apply to other credit card, im sure you'll get one. Thanks
@passwordrain (123)
• Algeria
12 Oct 07
First be sure they are your bank not a fake call & adress , and if they are real , you call them first to cancel any futher process , I suggest that you may need a DEBIT CARD to spend what you have only and to learn how to spend then you can go for your 2nd CREDIT CARD , that's what I do use DEBIT CARDS only.
@michecu (637)
• Philippines
11 Oct 07
I don't have a credit card because I'm afraid that if I have one, I might over spend and not be able to pay it. On the other hand, I don't want to pay for interest - it is such a waste. Anyway, I have received a lot of credit card offers to but I choose reject their offers. I simply listen to the agent and then after he's done talking, I sincerely tell him that I am not interested with the offer simply because I don't think I badly need a credit card. Well, I tell them that I can still afford to pay my purchases with cash or through my debit card. Fortunately, all of them understand my point and they only asked me for referrals instead.
1 person likes this
@elean6785 (96)
• Philippines
11 Oct 07
It's also a good thing not to have a credit card. But sometimes it's also useful when buying installment gadgets or electronics. Good thing that the agent called you are nice and listen, some agent are very pushy they keeps on convincing you.
Thanks for your response
1 person likes this
@OrangJuice (687)
• China
12 Oct 07
I have two credit cards (one is visa, one is JBC)but one account. I agree with elean's idea. I think one is enough.
Actually, after I login here, I find I need a paypal account. Then I applied for my first credit card. So I got my card just one month ago.
Before I applied for it, I looked for info on internet. And I chose the broader use card.
But how to say, credit card is more convenient, but it also make me easiler to overspend. Anyway, credit card is becoming a part of modern persons' life.
@elean6785 (96)
• Philippines
13 Oct 07
Do you already have paypal account? Just want to ask if how can you receive/withdraw the money that was sent to you if your not a US resident. Let's just say im living in Asia.
@OrangJuice (687)
• China
13 Oct 07
I do have a paypal account. But I haven't received/withdrawn money from mylot for the less money.
But my credit card is with 2 kinds of currency - CNY and USD. So there won't be trouble to receive money here. But there is really hard to draw the money. We can just paying by credit card.
Now I'm learning more about it. I hope it's useful for you.
@mikecrush (163)
• Malaysia
12 Oct 07
i had one but i canceled it coz my expenditure was uncontrollable.
now i use cash , :)
my opinion is , you must be disciplined with a credit card , it not suffer like me hahaa..
A debit card would be good too ..u spend the amount that u have . nothing extra
@elean6785 (96)
• Philippines
13 Oct 07
You must really know how to budget you income and how much can you spend. Thanks for your response.
@shooting_star (384)
• Philippines
11 Oct 07
I have two credit cards -- one is a Visa (an extension of my mom's), and one is a Mastercard, which I use more since I'm the primary cardholder. I only use the Visa for family-related expenses.
I think one credit card is enough actually, so that it's easier to keep track of my expenses on credit and it's also easier to pay when the bill comes. So far I haven't incurred any monthly charges because I pay on time.
@kevsgirlalways (5883)
• Malaysia
24 Oct 07
i have 3 credit cards:P ..and no, i'm not in a serious debt coz i do like to manage my finances well and i know my spending limits. i don't like to carry so much cash around with me. 1 of my credit cards is used to pay for my gas, so that i can keep track of the amount that i spend for fuel. .
@elean6785 (96)
• Philippines
13 Oct 07
I have friends who doesn't have credit card also. Thanks for your response
1 person likes this
@irene_27 (542)
• Philippines
28 Oct 07
i think one credit card is enough already. Having another one would be great. But the catch is, since most card companies charge an annual fee-- that would mean you'll be paying two annual fees in a year. Another thing, you might get carried away by the convenience of charging you'll end up maxing out your limit to both cards. At least if you have one, less trouble.
