Yahoo! Answers*

Question:

What kind of credit card should i get?

I have a credit score of 730 and i have two credit cards now....but i wanna get one with a higher limit. So what card companys should i look into?

Answers:

1) None...see if your current company will increase your limit on the card you have. It's not good to have too many credit cards.

2) I agree with mrsdeli. If you have been paying on time for a while on these two cards, they might increase the limit for you. This way you won't have to open another account and you will still get a higher limit.

3) Unless you are the type of person credit card companies refer to as a 'deadbeat' (someone who pays their balance in full every month avoiding the fees) you should not tempt fate by opening another account. With a good credit rating the companies you already hold cards with should be willing to raise your current credit limit.

4) Get a rewards credit card: Reward credit cards reward you depending on the amount you spend on the credit card. Usually, you can collect rewards through 3 methods. One method involves earning cash back on the card, which is generally a certain percentage of each amount you spend. The next method involves giving points or any other type of token to the customers to accrue. They can then redeem these points for gifts like luggage, cosmetics and other goodies that the credit card company offers. Most of these reward schemes have alluring gifts and huge variety of selections. But the better option is to go for a cash back reward as it allows you to use the money any way you like. http://debts-to-wealth.com/category/Earn-Rewards-With-Your-Credit-Card.html

5) I disagree, it doesnt hurt to get another card especially if you have that high of a score. Personally I like the Chase Freedom Credit Card, i have a very high limit and i get 1% cash back instead of miles. Use applyfastbankcards to apply and they will pay $20:)

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