American Express Offering 10% Cash Back on Gas All Summer Long

We’ve all seen the rotating 5% cash back categories that often include gas stations, but how about 10% cash back instead?

Well, when I logged onto one of my Amex accounts this morning I was greeted by a surprising offer. A full 10% cash back on gas all summer long.

Specifically, you can earn up to $25 in statement credits on $250 in total purchases at U.S. gas stations until September 30th, 2016.

It’s one of the latest Amex Offers to hit one of my accounts and it’s clearly one of the better ones to come along after what has seemed like a bit of a lull.

10% Cash Back on Gas Purchases with Amex

10 offer

As you can see from the fine print, you get three months to use the Amex Offer once you add it to your eligible card, and the purchases have no minimum.

So you can make a ton of small purchases and still earn the 10% cash back. It’s a bit of a bummer that the maximum is $250 because most folks spend that amount on gas in a month, if not a week if they commute a lot.

It’s also unfortunate that this Amex Offer was only available on one of my many American Express credit cards.

I found it on my wife’s Amex Blue Cash card, but it wasn’t on any of my other cards, including my Blue Cash or my Amex EveryDay cards.

It’s also kind of weird that it was offered on a card that already earns 5% cash back on gas, but that could make this offer really sweet.

Can I Earn 15% Cash Back on Gas?

15 off

If I’m interpreting this offer correctly, I’ll earn 15% cash back on my gas purchases until the end of September, or $37.50 on $250 in gas purchases. Not too shabby!

Why? Because my card already earns 5% cash back on all gas purchases since I unlocked the higher cash back by spending $6,500.

I was expecting to earn just $12.50 on $250 in gas purchases, but confirmed with American Express that this offer works with my existing cash back structure.

This offer is good at merchants that primarily sell gasoline, though they “may sell other convenience items,” per American Express.

In other words, there’s a chance you could earn 15% cash back on other items if you get creative and find a gas station with a good mini market.

Be sure to check all your American Express cards ASAP to see if this offer is in one or more of your accounts. The offer is limited so it could fill up faster than your tank.

Chip Cards Are Super Slow and Now Visa Is Trying to Fix That

If you’ve used a credit card lately, you’ve likely made the mistake of trying to swipe it (even though it has a magnetic stripe) because it also contains an EMV chip.

I do it all the time and feel like a dummy, especially as a credit card blogger that should know better. It’s a sense of pride and I always kind of chuckle to myself when I do it.

The other day I caught myself at the last minute and managed to impress the clerk by not swiping my chip card at a local CVS.

Still, I couldn’t help but notice it took so long for the transaction to complete. As it stands now, you kind of stand around awkwardly while the clerk kind of looks at their register awkwardly as 10 seconds or more go by.

Then you finally hear that welcoming, yet deafening alarm sound go off. Ironically, the alarm sound means your transaction was processed successfully!

[The Best Credit Cards to Use When Traveling Abroad]

Enter Quick Chip for EMV

Well, apparently Visa was aware of this long, awful process, and decided to do something about it, thankfully. This week, they launched the so-called “Quick Chip for EMV,” a technology that aims to speed up checkout times when using chip-enabled credit cards.

Instead of waiting for what seems like forever, you’ll soon be able to just dip your card in the slot and pull it out “typically in two seconds or less.” The trick is that you won’t have to wait for the transaction to be finalized before pulling out.

I think the current setup requires the entire transaction to go through before you can touch a thing – and it’s so hard to stand there without pulling the card out…no one likes to be away from their credit card for that long!

Even better, this “simple software update” to a merchant’s point of sale system will allow customers to check out while the shopping cart is still being rung up, similar to what you can do with the magnetic stripe credit cards (I still like to wait to see my total).

Visa says merchants can easily download the free software update to the payment terminal so the existing hardware can remain in place. And no change to the chip card is necessary either, fortunately.

[Debit vs. Credit: Which Is Better?]

This Only Applies to Visa Credit Cards

Now the bad news, at least for now. The Quick Chip for EMV software is only for Visa credit cards. Those with American Express, Discover, or MasterCard credit cards may continue to experience long waits at the counter when using a chip card.

I’m assuming the others will follow suit sooner rather than later, but in the meantime you might have to wait that brutal ~10 seconds for so.

Visa has already issued more than 265 million Visa credit and debit chip cards to U.S. consumers, which makes it the largest chip card market in the world (pretty amazing considering we had zero a year or so ago).

Additionally, the company said more than one million merchants have enabled chip card terminals, so roughly 20% of all merchant locations are now on board.

I’m still swiping and dipping, and I’ve come across some merchants that have the chip terminals with tape blocking the bay. Clearly some merchants all still figuring it all out…now if only they could do something about that startling alarm sound when a transaction is approved.

Fidelity Amex Switching to US Bank Issued Visa Credit Card

For those who hold the quite lucrative Fidelity Amex credit card, changes are a coming.

Starting in July of this year, existing customers will have their FIA Card Services (a Bank of America company) issued Fidelity Amex replaced with a U.S. Bank-issued Visa credit card.

In short, this means you won’t have the perks of an American Express card anymore, though apparently nothing else is changing.

So you will continue to receive 2% back on all purchases, which you can redeem into your Fidelity account and put toward retirement. That’s the good news.

The bad news is that it’s not going to be an American Express card anymore, which presents some challenges.

I’ll get to that in a minute. As for why the change was made, Fidelity reportedly chose their new partners because of “improved technology options and customer service.”

Last I checked, Amex customer service was pretty good, though you can’t use an Amex everywhere. Not really a tech issue, more an inconvenience. Visa is, after all, accepted everywhere.

Bank of America said it was mutual, noting that they’ve been terminating many of their co-branded relationships since it doesn’t get customers into Bank of America branches in order to cross sell.

The Drawbacks to the U.S. Bank Issued Fidelity Visa

Let’s talk about those drawbacks now. For one, it’s not an Amex, meaning you won’t be able to take advantage of the awesome Amex Offers constantly being churned out (no pun intended).

This could amount to hundreds or even thousands of dollars in lost cash back, especially if you had lots of authorized users.

Secondly, for those who use Fidelity Amex to load Serve each month, this option will be gone unless you have the old, grandfathered version of Serve.

This obviously doesn’t affect everyone, but for those who are affected, they’ll need to find a new card that earns 2% cash back (or better).

I happen to have the old Serve account and was loading with Fidelity Amex. But I got the Discover it Miles card that earns 3% cash back the first year so I switched to that anyway.

But after a year, if Serve credit card loads still work, I’ll need to find a new alternative to maximize my cash back.

Why the U.S. Bank Issued Fidelity Visa Might Be a Good Thing

For one, it’s a Visa. So you won’t have to worry about merchants accepting it or giving you grief when you ask if they take Amex. You know the grief I’m talking about…

That’s the biggie. Secondly, you will still get the 2% cash back on all purchases, and there’s still no annual fee.

Another potential plus is that it’s being issued by U.S. Bank. Why is that a plus? Well, to me, it doesn’t get much worse than FIA. The FIA website is a joke and their customer service is questionable if not nonexistent.

I’ll be happy to partner up with any other card issuer aside from FIA, and I’m looking forward to having an app to track my spending and make payments as opposed to using the archaic FIA website.

All in all, this change shouldn’t bother too many folks, which is a good thing.

photo: Marcin Wichary)

Chase Offering 10% Cash Back at Amazon with Freedom Card

Chase just delivered an early Christmas (or any other holiday) present to its Freedom cardholders.

From November 23rd until December 31st, 2015, you’ll earn double the amount of promotional cash back when shopping at Amazon with your Chase Freedom card.

In fact, they’re doubling the fourth quarter rotating category in its entirety, meaning you’ll earn 10% cash back at Zappos, and as well.

The same quarterly limit of $1,500 does apply, however, it will be reset on November 23rd so you actually get a brand new $1,500 to play with, even if you spent a bunch at these stores since the fourth quarter began on October 1st.

Earn $150 Cash Back in One Month

chase cash back

This means you can earn $150 in cash back in just over a month, along with whatever you earned from October 1st until November 22nd.

If you have Chase Sapphire Preferred or Chase Ink Plus/Bold, those 15,000 Ultimate Rewards points can be transferred to airline and hotel partners as well.

So you could potentially get even more value out of this deal with certain non-cash redemptions.

Ultimately, the best bet for most people is to buy Amazon gift cards and earn 10% back for future spending.

You’ll effectively get your Amazon items for 10% off once you receive your cash back. And I’m sure most people can easily spend $1,500 at Amazon in the course of a few months, if not sooner.

No Need to Sign Up Again

If you already activated your fourth quarter 5% cash back bonus with Chase, there’s no need to sign up again to be eligible for this deal.

You’re automatically enrolled and will earn 10% cash back when making purchases at the merchants previously mentioned.

If you haven’t signed up, make sure you do so by December 14th in order to be included in the promotion. I believe it’s retroactive even if you sign up after spending.

Also, if you’re planning on making big purchases at any of these stores, you might want to wait until November 23rd or even a few days later to make sure you actually earn the double cash back.

Keep in mind that the extra 5% cash back can take 1-2 billing cycles to be awarded and reflected in your statement, so be patient.

And as with any type of date-based promotion, it’s wise to make the purchases well within the window to avoid any surprises.

For example, you won’t want to miss out by a day if your order isn’t processed immediately.

I’ll probably just buy Amazon gift cards for the full $1,500 unless I come up with a better idea.

I suppose you can also buy third-party gift cards on Amazon’s website as well and effectively shop at those stores at a rate of 10% off.

For the record, Discover it is also offering 5% cash back at Amazon during the fourth quarter, but new cardholders get their cash back doubled the first year.

So this essentially matches the existing Discover deal, which might be the whole point of it.

In any case, you can take full advantage if you have both cards and earn 10% back on up to $3,000 in purchases. Not a bad way to earn $300 or more.


Get $15 for Adding Chase Freedom to Visa Checkout

If you’re looking for some low hanging fruit, check out (no pun intended) the latest offer from Visa Checkout and Chase.

Here’s how it works:

1. Register for Visa Checkout
2. Add your Chase Freedom card
3. Make a $15+ purchase on a website that accepts Visa Checkout using your Chase Freedom card
4. Collect $15 via a statement credit within 1-2 billing cycles

It’s that easy folks. I already have a Visa Checkout account with my Chase Ink card (due to an earlier promotion) so I skipped straight to step 2.

From there I just had to enter my Chase Freedom card details and I was off and running.

I cruised over to and made a $25 Starbucks gift card purchase. They actually charge you $26.99 to cover shipping but I didn’t mind.

You can also shop at for e-gift cards with no fees, but they don’t have Starbucks gift cards.

They do have other restaurant gift cards though such as Domino’s or Cheesecake Factory, to name a couple.

Anyway, once you add the item to your cart, simply select the Visa Checkout option and it will redirect you to log in.

Once logged in, you simply verify the details of the payment (make sure it’s on Chase Freedom if you have multiple cards registered with Visa Checkout) and hit submit.

That’s pretty much it. In 1-2 billing cycles you should see a $15 statement credit to offset your $15+ purchase.

Get a $25 Gift Card for $10 with Chase Freedom

For some, this could mean a free $15 item. For others, like me, it’s a $25 gift card for $12.  It could be just $10 if you avoid the shipping fees.

I could have searched a little harder for a gift card with no fees but I couldn’t be bothered. You can get other gift cards at Staples with e-mail delivery for no fee, including eBay, Whole Foods, and Home Depot.

For the record, the Visa Checkout offer is valid from November 2nd through December 31, 2015 and there is a limit of one $15 credit per customer or card account.

Once you make your purchase, check to see that it says “paid with Visa Checkout.”  You may want to print the receipt for your records and/or save the e-mail for proof.


Amex Small Business Saturday Statement Credits Targeted This Year

Over the past few years, American Express has been extremely generous in handing out statement credits for shopping small, otherwise known as swiping your Amex at non-corporate local businesses.

In fact, last year they gave enrolled cardmembers 3 $10 statement credits per American Express credit card when spending $10.

In other words, you could earn $30 for spending $30 on a single Amex card. The beauty of this promotion was that you could enroll ALL of your Amex credit and charge cards, meaning the savings were exponential.

For example, I have four American Express credit cards, including Old Blue Cash, Fidelity Amex, Amex Serve, and Amex Blue.

That meant I could earn $120 in credits when spending $120 at local businesses near me. I mostly went to liquor stores and small wine shops to purchase wine (hey, it was simple).

I also made my wife an authorized user on two of my credit cards, which meant she also earned $60 for $60 in spending.

In total, we snagged nearly $200 in savings on Small Business Saturday last year thanks to the very liberal policy employed by Amex.

But this year the promotion changed. Some assumed they wouldn’t be giving out the credits at all, perhaps because what I just explained was seen as abuse.

Or maybe Amex is feeling the need to tighten the belt a bit and stop handing out lots of free money.

In any case, they announced a month or two ago that instead of statement credits, they’d be increasing their support of small business owners with marketing, free online ads, and other promotional stuff.

Are You Targeted?

small biz saturday credit

But this past weekend, Amex cardholders began noticing targeted statement credits for Small Business Saturday in their Amex offers.

I logged in and found the offer on both my Amex Blue and Amex Blue Cash cards, though not on my authorized user accounts or on Amex Serve. I also can’t manually add it to Fidelity Amex.

So I’ll be getting $20 for spending $20 this year, which pales in comparison to last year but is still better than nothing.

And I have until November 28th to spend the $10 at participating stores, as opposed to having to do the spending on one specific day.

Be sure to check your accounts to see if you’ve been targeted for this promotion and add the offers quickly if you were.  I’m assuming enrollment is limited.

Tip: Some people argue that you should launch all your Amex accounts in separate browser windows at the same time in case the offer goes away once you add it to one of your cards.

For example, once I added it to my Old Blue card it may have no longer been available on my authorized user accounts.

You can try this is if you think it’s true, but it might just be a myth. I didn’t do it so I’ll never know if I truly missed out, but I’m happy to get my free $20 this year.

Read more: Get Amex statement credits for paying your phone and cable bills!

Costco Anywhere Visa: Details of New Citi Costco Credit Cards Emerge

Costco Anywhere Visa Card by Citi

It was revealed earlier this year that Costco was ditching American Express in favor of Citi after the pair was unable to renew their longstanding contract. So come next spring, you’ll be swiping with a Citi-based Visa credit card at Costco, not your current Amex.

The name of the new Costco credit card is “Costco Anywhere Visa Card by Citi.” The emphasis seems to be on “anywhere,” as in use it at places other than Costco, pretty please.

There will a consumer credit card and small business credit card, but it’s unclear what the differences will be.

The cards will also feature a typical cash back rewards program, coined “Costco Cash Rewards,” with gas purchases being the biggest rewards category. These are actually really solid cash back categories overall.

Citi Costco Credit Card Cash Back Categories


  • Earn 4% cash back on gas at Costco and other standalone stations (on first $7,000 annually) 1% thereafter
  • Earn 3% cash back at restaurants and eligible travel purchases worldwide
  • Earn 2% cash back at Costco and
  • Earn 1% cash back elsewhere


A few details about cash back inclusions and exclusions. You’ll only earn 1% on gas if it’s purchased from superstores (non-Costcos), supermarkets, convenience stores, or for non-auto gas (rocket fuel?).

The travel category includes airfare, hotels, car rentals, travel agencies, cruises, and Costco Travel. Sweet!

Restaurants does not include bakeries, or certain restaurants/cafes located within department stores or grocery stores.

Overall, the new Costco Anywhere Card boosts each category by 1%, so the old 3-2-1 rewards structure will soon be 4-3-2-1. Can’t argue with that!

How Much You Can Earn

costco cash back

As you can see, the cash back can add up pretty quickly depending on how much you spend on the card each month. I inputted some conservative figures in to come up with about $600 in annual cash back earnings.

Obviously the more you swipe the more you’ll earn in the way of cash back. Just note that the gas station category does max out at $7,000 each year.

The cash back can be redeemed in the form of a check at Costco warehouses or redeemed for merchandise. The so-called “Rewards Coupon” is allocated annually and will be included with your February billing statement for the previous year’s purchases. It expires on December 31st of the year issued.

There will also be some kind of promotional APR for purchases and balance transfers, and like its predecessor, no annual fee with paid Costco membership.

All in all, it’s pretty decent, and a step up from the existing TrueEarnings credit card from Amex.

Costco already provides products at a low price (apparently, I don’t shop there) so they have little incentive to give cardholders much more in the way of discounts, but they’re still being generous in doling out 2% cash back at Costco.

And getting gas at Costco gas stations for 4% off will also be huge I imagine.

I already get my gas for 5% off thanks to my original Blue Cash card from Amex, but Costco gas stations are often the cheapest around.

New Citi Costco Credit Cards Will Ship in May or Early June

If you’re an existing cardholder, expect to receive your new Citi Costco credit card in either May or early June.

You can start using the new card at Costco beginning June 20th, 2016. The old Amex version of the card will be void after June 19th, 2016 (not just at Costco but everywhere).

If you have any cash back earned from the old card it will automatically transfer to the new card from Citibank.

Also, don’t worry about your credit score taking a hit as a result of the new card. Citi will not pull your credit as part of the account transfer process, so there won’t be an inquiry.

Additionally, you will maintain your existing credit line so if it was $10,000 on the Amex version of the card, it will be $10,000 on the Citi version as well.

Finally, it should be noted that in “certain very limited situations,” some cardholders won’t be transferred from Amex to Citi. I don’t know why, but I’m assuming these customers are being dropped and thus not transferred. If this happens to you expect some form of correspondence from American Express.

Costco Anywhere Card FAQ

Is the Costco Anywhere Card also my Costco membership card?

Yes, and there is no annual fee with your paid Costco membership.

I’m currently a cardholder, do I need to apply for the new Citi-version of the card?

No, Citi will mail you a new card with instructions on how to activate it. You may want to register the card at so you can manage it online.

Is there a limit to the amount of cash back I can earn?

No, but the gas category only earns 4% on gas purchases up to $7,000 annually.

Will Citi pull my credit in order to approve me for the Costco Anywhere Card?

No, they won’t run your credit as part of the account transfer process.

When can I start using the new Costco Anywhere Card?

On June 20th, 2016. It can be used anywhere Visa is accepted as a form of payment.

Will my payment due date be the same?

It should be the same or very similar. But you also have the option to change it by contacting Citi or adjusting it online.

What if I have a balance from my American Express Costco card?

It will be transferred automatically from American Express to Citi on June 20th, 2016. But if you receive a credit card statement from Amex you should pay Amex. If you receive a statement from Citi, pay Citi.

What happens to my rewards from the old card?

Rewards not previously distributed will be transferred automatically to your new card with Citi so your February 2017 cash back rewards coupon may include earnings from early 2016 made using your Amex card. Note that any earned Membership Rewards points won’t be transferred, so contact Amex regarding that.

(photo:Adam Engelhart)

Soon You’ll Be Able to Use Nearly Anything to Pay Instead of a Credit Card

The plastic credit card is definitely under attack. While they’re not quite obsolete yet, they’re definitely endangered despite their continued ubiquity.

The advent of ApplePay and many subsequent challengers means fewer and fewer people will actually pull out their physical credit cards when it comes time to pay.

In a few short years I doubt many people will swipe anymore, or to be more accurate, slide their credit card into a chip and pin slot.

Why? Because we’ll use our smartphones instead, or perhaps something more interesting, like a ring, a fitness band, or even a key fob (which is actually kind of an old technology that is resurfacing).

Use Your Fitness Band, Your Car Keys, Your Ring


MasterCard announced this week that it’s currently working with several partners to bring payment capability to a variety of consumer products such as fitness bands, car keys, and even jewelry.

It’s part of the MasterCard Digital Enablement Service (MDES) and the Digital Enablement Express (Express) program, which is basically an Internet of Things (IoT) initiative.

The payment processor is partnering with a variety of innovators, including automaker General Motors, wearable tech company Nymi, smart jewelry company Ringly, and Bluetooth locator TrackR.

Basically, you’ll be able to use a MasterCard app to assign your credit card information to certain devices.

So if you’re going out on a jog and want to buy a smoothie after, you can assign your MasterCard credit card information to your fitness band, then scan it to pay.

If you’re driving to the store and don’t want to bring your wallet, you can use your car keys to scan and pay at the register.

And if you want to be super cool, you can sync your smart ring with your credit card info and scan the ring when you checkout at your favorite shop.

It appears you’ll be able to sync them and then shut them off if you’d like, so if you misplace one the devices you won’t have to worry.

Capital One is apparently already taking part in MDES via its Capital One Wallet, which uses “strong security” to provision and manage payment tokens.

MasterCard expects to roll out these products in 2016 in the United States and later expand to other parts of the world.

While it’s certainly a neat idea, it’s unclear how popular this technology will be seeing that everyone already carries around a smartphone anyway.

But I do see this technology taking off eventually, and maybe in a decade or so we’ll be able to use our fingers to make a purchase instead of carrying anything on us.

This will save credit card companies the trouble of issuing tons of plastic credit cards, which should also benefit the environment seeing that they’re not recyclable.

I for one would be happy to ditch all the archaic plastic payment cards, though you’ll still need to have some payment information for online purchases and so forth.

Get $20 Off Your Cable and Cell Phone Bills with Amex Offers

I love American Express for a number of reasons, but they’ve really stepped up their game over the past year and change with their ever-growing stable of Amex Offers.

I’ve saved lots of money on all types of stuff thanks to Amex Offers, including $50 off a recent airline purchase, $15 off at Walmart, and hundreds of dollars at Smart & Final.

On just one card, the original Blue Cash, my savings are $275 and counting. And I’ve got multiple cards and authorized users, so the savings are exponential.

The beauty of many of their offers is that you often don’t need to spend extra to save, because we all know you can go broke saving money.

Get $20 Off Your Cable or Satellite Bill

cable wireless amex offer

Their latest offer is very enticing and super easy to redeem. And as mentioned, you don’t need to spend anything extra to take advantage.

If your card is eligible (sign in to see if this offer is available to you), you get $10 back when you spend $50 on your cable or satellite bill.

This offer can be used up to two times, meaning $20 off your TV bill for the next two months.

All you have to do is add the offer and change your recurring payment to your associated Amex card (assuming it isn’t already the card you use). Oh, and spend at least $50, which shouldn’t be hard to do considering how expensive cable is these days.

The offer is good until January 31, 2016, so you should be able to squeeze in two payments by that time for $20 in total savings.

For the record, this offer is only available to those with service in California, Illinois, New Jersey, and New York.

Also Receive $20 Off Your Cell Phone Bill

If you have wireless service (no-brainer) you can get another $20 back via another Amex Offer currently available.

Once you add the offer you need to spend $75 (again, not hard considering how expensive wireless service is) and you’ll get $10 back.

This offer can also be used twice between now and January 31, 2016, though it is limited to certain major carriers, including AT&T, Sprint, T-Mobile, US Cellular and Verizon. However, it’s open to customers in all 50 states from what I can see.

Again, all you have to do is change the autopay settings to your enrolled Amex card and let the automated system take care of the rest.

In all, you’ll get $40 in statement credits just for making two simple changes to your payment preferences.

Once the offer is over, you can revert back to your original settings if you have a credit card that earns a better return.

For example, I have Chase Ink Plus, which earns 5X Ultimate Rewards points on both cable and wireless services, so I’ll be switching back after I earn my credits from Amex.

Tip: These offers may be targeted, though many people seem to have them. You can double your savings if you also add them to a spouse’s account and change the autopay to their card after two payments.

My wife has them too, so once I get two credits with my card I’ll switch to her card and try to squeeze another two for $80 in total savings.

If your bill is large enough you may also be able to split payment with two enrolled Amex cards to get two statement credits per payment cycle.

Some Dude Has Nearly 1,500 Active Credit Cards

If you’re always chasing the latest credit card deal, you might think you have a lot of credit cards.

But if you compare your tally to that of Walter Cavanagh’s, you wouldn’t even come close.

The Guinness record holder reportedly has 1,497 “valid” credit cards in his wallet (just kidding, they’re not all in his wallet, I think).

Oh wait, most of them are in his wallet because he holds the record for world’s longest wallet too, at a staggering 250 feet.

Apparently the massive credit card holder weighs 38 pounds and can accommodate 800 credit cards.

But most of the cards are kept in safe deposit boxes at the bank, probably to ensure they don’t fall into the wrong hands.

Applying Since the 1960s

If you’re wondering how long it takes to accrue about 1,500 credit cards, think lifetime. Cavanagh has been doing it since the 1960s, or for more than fifty years now.

He told ABC News that it started out as a friendly wager between him and a friend, and somehow the guy was able to get 143 cards in just the first year alone.

His pal could only muster 138, which is still pretty admirable in my book.

It’s unclear if you can get that many cards today, though I’d venture to say no based on the recent crackdown on credit card churning.

What’s kind of lame about this guy’s story is that it doesn’t appear to have helped him earn cash back or free worldwide travel.

Instead, he seems to only be in the game to win obscure world records, as he only uses one of the 1,500 credit cards in his possession. I wonder which one by the way…

He has roughly $1.7 million in available credit at his disposal and credit cards from just about anywhere you can think of.

One is from an ice cream store in Texas, which is certainly one of the most peculiar credit cards I’ve never heard of.

Others are made of paper, some aluminum, and one sterling silver. Some are even collector’s items.

His lowest limit is $50 on one card, which makes the card pretty much worthless unless it’s used for very small purchases.

I also kind of wonder why the banks and credit card issuers haven’t shut down his cards for inactivity, but I digress.

Only Denied Once

If you’re wondering how many times he’s been denied, according to him, just once. A company called J.J. Newberry Co. supposedly told him he had too much outstanding credit back in the 1970s.

Of course, he only had about 100 credit cards at that time. Now if a credit card issuer rejects him he appeals by explaining his world record. And I guess they oblige.

If you were wondering how many credit cards you should have at any given time, I’d say a lot less than 1,500. And a lot less than 150 for that matter.

In fact, 15 or less might be just fine, especially if you need to keep track of them all and avoid any missed payments.

For the record, this guy says he has perfect credit, despite all the cards, so having too many may not be an issue.

Just keep in mind that this guy doesn’t actually use them all (and he stores most in a safe place), so he doesn’t have to worry about making on-time payments or having his precious credit card information stolen. Or maxing out the cards