23 YO Income: 48k/yr Financial Assets: 39k Other Assets: 30k Margin Debt: 3k CC Debt: 0k Accounts: -MBNA Quantum Visa: 15k limit, opened originally 1995 as regular MC, then Platinum Plus MC in 1997, then Quantum in 2000 -BofA Gold Visa: 8k limit, opened in 1997 -Amex Green: opened 1999 -Neiman Marcus: 3k limit, opened 1998 (because they wouldn't take Amex and I didn't have one at the time) My credit history shows four other accounts that were closed by me: a SunTrust Visa, Structure, Macy's, and Rich's. Mostly I opened those to get a deal for one or two particular purchases. (Is that a huge negative?) I have no late payments or any blemishes. (All accounts say "Paying as agreed. Never paid late.") Right now I put all spending where possible on the Amex and get MR points (2000 spending of about 13k). I just found out that I can put my rent on a Visa at no extra cost, so I signed up for the Quantum miles program ($75 per year) and am going to put my rent (10k per year) onto that card. When my MR comes up for renewal in two months I'm going to decline that (would be $40 I think) and shift all spending onto the Quantum Visa. I try to open very few new accounts and keep the ones I have for a long time. This way I figure companies will offer me good deals because they know I will stick with them if I do take one. Even though I will not be spending much on the Amex, I plan to keep paying the $55 fee. With Amex I have been quite satisfied and have never had a problem. BofA had so-so customer service when I still used them a few years ago. MBNA truly treats me like royalty. They got my business in 1995 as a freshman in college, and I plan on sticking with them for as far as I can see into the future. With Quantum I have seen a marked improvement in what was already good customer service. When I press '0' a person immediately answers. Also, the concierge services are great, and they don't even have a computer phone menu. Just people answering who are ready to do your bidding! Anyway, if anyone has any advice on how I should manage my credit I would appreciate the advice. Also, I am looking to buy a condo or small house in perhaps one year. What should I do to help make sure that goes smoothly? Should I close the BofA Visa? I never use it, and before I only had it so I could have a MC and Visa. I see no reason to hold two Visa's. Although I have no consumer debt, is my credit outstanding too high in relation to my income? It certainly was when I was a student, but I'm not really sure now. Thanks for your input everyone.