Credit Cards

I love credit cards.

For the right reason.

SMART reasons. With an S in it.

Let me tell you how many credit cards I've owned.

According to creditcarma.com (  free credit score tracking site ) , I have 16 credit cards since I move over here.

WAIT WAIT WAIT WAIT, before you say anything about my spending, 14 of these cards have 0 balance on it and the my credit card utilization rate is 6%. It was lower but I charge 2 plane tickets to Malaysia and I wont pay it yet until the trip is over.

So am I crazy or what?

You see, what I love about these credit cards are the signup bonus and also the points i can get from it.

My main credit card is Discover with 3 months rotating categories. (5% cashback on each dollar you spend ). So let say you spend $300 on gas on one of the month, you will get $15 back. Seems not much but it does accumulate.

 But well let's get back to the point  and  THE REASON to ALL THESE CREDIT CARDS MADNESS...... or like Sheldon said in Big Bang Theory "this is adness.....adness"

Anyway, let's talk about the sign up bonus. My best signup bonus so far was from Chase Freedom Visa.

You will get back $300 for spending $500 on the next 3 months after card approval. Easy peas....... our groceries alone are around that amount. So I just charge the card regularly and I will get back $300 after I reach $500 spending.

How cool is that?

Of course your credit score will take a hit.......but I have nothing better to do with it right now, so might as well take couple of hits from these. We wont be buying house anytime soon, because we want the flexibility to live anywhere we want and not get stuck at the same house for the next 10 years.It is not just that, cost of living in California is so high right now, it only make sense for us to rent at this moment.

Btw, all these cards has 0 annual fees.

Swiping all the time is tempting, but I hate debt so I usually paid it off the next week.

So why not? Who doesn't want free money?