06-16-2020, 07:01 PM
This is one reason I tend to churn credit cards. Find one with a good sign-up come-on, and get it. Use it to until you hit the introductory promotional requirement metric, then get the points or whatever. Then cancel it. In this manner, when your various retailers get hacked, the CC info is already expired usually. And they all eventually get hacked, despite the absurd password requirements they place on their users, their whole data base just gets hacked anyway.
In my experiences this has had zero negative affect on my credit score, despite all the warnings. Just make sure you keep your oldest credit card you have essentially idle - don't cancel that one. That's the one that defines the longevity and stability of your credit history. Otherwise, as long as you're paying your billes it doesn't matter at all, has been my experience.
I churn through at least 5 cards a year, and make a decent amount of play money doing it.
In my experiences this has had zero negative affect on my credit score, despite all the warnings. Just make sure you keep your oldest credit card you have essentially idle - don't cancel that one. That's the one that defines the longevity and stability of your credit history. Otherwise, as long as you're paying your billes it doesn't matter at all, has been my experience.
I churn through at least 5 cards a year, and make a decent amount of play money doing it.