This has been asked before, but I never caught a definative answer to it. What is a good number of credit cards to have and what amount of credit total? If you had several from Providian/Capital One, would you ever go with a card from say First National or Premier that has all of the attached fees? My husband says I have become obsessed with this and maybe so, but I guess there are worse things I could be doing. Laura
If I had several accts. from those banks, I would probably apply elsewhere or, maybe for another Cap 1 card. I hate to admit it, but when I first started my rebuilding, I got a First Premier card when no one else would give me one. Actually, I still have it and use it. They waved the monthly fee before I activated the card. They give increases at 6 months and just recently they reduced my apr to 9.9% for the life of the card, which for a subprime card isn't too shabby. I guess if you could get a card elsewhere without all the fees, that's what you should do. But if there is no alternative, I wouldn't knock First Premier. As subprime as they are, they have treated me well and I have never had a single problem with them.
