Navigating the American Express US Five credit card limit

If you are thinking of making your credit card game flatter than what is available in Canada, we must first look at our neighbors in the South.

With lucrative signup offers, a wide range of transfer partners and a simple cross-border application process, American Express US is usually the issuer of choice if you sign in with a US credit card.

However, just like in Canada, it is important to be aware of the limitations of the number of different Amex US products that you can hold together.

Since there are a significant number of Amex US credit cards that can be worth applying for, you need to think about which ones you should keep and which ones you don’t mind waiting for the next date.

American Express US charge card vs. credit card

American Express US offers the same as their Canadian counterparts Charge card In addition to the value Credit Card:

  • Charge card There is no pre-defined credit limit, although you are obliged to pay the full balance each month.
  • Credit card Bring a credit limit and allow you to make a minimum monthly payment and keep a balance on the card (not that you shouldn’t).

With American Express US you are allowed to hold up to 10 charge cards at a time. These include some of the issuer’s most popular products:

(In fact, the only way you could possibly cross the 10 charge card limit is if you load multiple small business charge cards at once.)

Other than that, other Amex US products are credit cards with a traditional revolving credit limit.

And since American Express limits you to holding only Five Credit cards (including small business credit cards) make it even more appealing that there are five cards you should choose.

A picture of the Marriott Brilliant Card

Which five American Express US credit cards?

To decide on the best strategy, we need to think about which of the best travel credit cards in American Express USA is eligible for a welcome bonus in advance, as well as which five are worth keeping in the long run.

It is important to note that the cards we will discuss below have no foreign transaction fees, making them suitable for use when traveling abroad or in Canada.

Slot # 1

If you are new to the US credit card market, it is usually a good idea to start with a credit card without any fees. This allows you to nurture your credit history without running costs if you decide to close another account that has an annual fee in the future.

(It’s not necessarily Always The suit, though. If you know for sure that you want to keep a certain credit card in the long run, even if it has an annual fee, it might make sense to get started there – see slot # 2 below.)

Among American Express US no-fee credit cards, the Hilton Honors card is generally considered one of the most popular choices, giving easy access to Hilton Honors points, a useful hotel point coin that is not the easiest to earn in Canada. Otherwise

The welcome bonus on this no-fee Hilton card often fluctuates around 70,000-100,000 Hilton Honors points (US $ 350-500) and the minimum spending requirement is generally fairly low.

Starting with the Hilton Card lets you build credit history over time and diversify your hotel rewards game, all at a very reasonable running cost of $ 0.

Hilton Queenstown

Slots # 2 and # 3

If you are already raising your credit card points in Canada, you must be familiar with Marriott Forest.

While it is possible to collect points from Canadian-issued personal and business Amex Forest Fear cards, this is ultimately a limited set of two credit cards for which you can sign up.

By diversifying your Marriott Forest Fear game in the United States, you will be able to access a wide range of welcome bonuses, as well as unlock a unique feature from the interaction between personal and business United States Fear cards.

Like the Canadian-issued Forest Fear cards, holding one card will earn you 15 elite qualifications each year. But hold on Both Personal and business versions of credit cards in the United States, they will be deposited for a total of 30 elite qualification nights.

If you have the following combination of Marriott Forest Fear co-branded credit cards …

Canadian Private + Canadian Business

15 Elite Qualifying Nights

Canadian Private + US Private

15 Elite Qualifying Nights

Canadian Private + US Business

15 Elite Qualifying Nights

Canadian Business + US Private

15 Elite Qualifying Nights

Canadian Business + US Business

15 Elite Qualifying Nights

US Private + US Business

30 elite qualifying nights

This means you’ll be on the fast track to 50 elite qualifying nights at Marriott Bonavoy Platinum Status, where you’ll find most status benefits, such as free breakfast, suite upgrades and guaranteed late checkouts.

US Credit Card Game Play For most Canadians, the next two Amex US credit cards in your five-card lineup are a very good reason to apply for two Fear Cards and hold on to them in the long run.

Personal Amex US Bonavoy Brilliant Card annual fee US $ 450, offset by the annual US $ 300 Marriott Bonavoy Statement Credit and a Free Night Award worth 50,000 Bonavoy Point after renewal each year.

Meanwhile, Marriott has a US $ 125 annual fee for BonVoy Business Card and offers a Free Night Award worth 35,000 BonVoy points after renewal each year.

In either case, the Free Night Awards should be worth enough to offset the corresponding US $ 150 and US $ 125 annual fees, so you’ll be coming forward year after year to take advantage of both cards for a big boost towards Platinum Elite status.

Hold close to Marriott Platinum Elite Status with a personal and business US-issued Forest Fear card.

Slots # 4 and # 5

Newcomers to the Amex US game have a compelling reason to keep a free Hilton card in their first slot and a tempting set of personal and business forest fear cards in their second and third slots.

For the fourth and fifth slots, on the other hand, the best strategy is a little more freeform, depending on your specific goals when applying for a US credit card.

There is a common frustration among Canadian point collectors in the current JitGist: Collecting airline miles is relatively easy, where hotel points are hard to find.

If this is the case for you, you may want to replenish your remaining two slots with the Hilton Sarpas Card, the Hilton Business Card and the Hilton Aspire Card, as well as more Hilton Credit Cards.

Sarpas and Business Cards offer a boost to your Hilton Honors balance with their welcome bonuses, which of course justifies their US $ 95 annual fee in the first year. In the long run, the chance to win a Free Night Reward by spending US $ 15,000 on a card may also justify placing one of these cards in your five-card lineup.

Meanwhile, the Hilton Aspire Card is one of the most useful credit cards for a frequent traveler, with an annual US $ 250 airline fee credit, an annual US $ 250 credit on Hilton property, and automatic Hilton Diamond status. And A free weekend night prize after each renewal. All of these benefits easily outweigh the US $ 450 annual fee on the card

(Given the five-card limit, the best sequence of activity here may be the Hilton Business Card and the Hilton Aspire card first, before switching business cards for the Surplus. This is because you can always upgrade and downgrade between the three personal ones. Hilton cards in the future, often targeted Take advantage of offers where the business card cannot be switched to another product.)

Waldorf Astoria Maldives Ithaafushi

This strategy is understandable if you want to use your Amex US portfolio as a way to strongly diversify your hotel game in terms of Hilton Honors. But what if you’re not so interested in Hotel Point?

In that case, the other two slots in your Amex US Five-Card range (or perhaps more slots if you haven’t bothered with Hilton or Bonbay at first) can be tailored to the airline side variation – no matter what the additional membership like Amex US Everyday Card. Racking up Delta Skymiles with prize products, or often with Amex US Delta cards with impressive welcome bonuses.

However, keep in mind that Amex US is going to be the most powerful product for racking up airline miles. Charge card, Such as platinum or gold cards in personal or business flavors, not credit cards.

Looking at the big picture, directing your efforts to earn points for the flight using Amex US charge cards and hotel points using Amex US credit cards, as described above, creates a perfect strategy for well-rounded aspiring travelers.

Should You Get Five Amex US Credit Cards?

Generally speaking, the US credit card game is a marathon, not a sprint.

While it may be tempting to ramp up five credit cards all the way from start to finish, it may be a good idea to mobilize yourself as a way to establish a more stable credit history and apply for more profit when you start. Other US financial institutions offer credit cards.

Particular attention should be paid to the chase “Rule 5/24”, which states that anyone who has opened five or more credit card accounts (including charge cards, but most small business cards) in the last 24 months will not be allowed. To open any credit card with Chase.

If you rush to apply for five or more Amex US cards when you first start, you run the risk of blocking your diversity opportunities in other programs, such as Chase Ultimate Rewards, World of Hyatt, and IHG Rewards – or even cross-border strategy. . Chase with airplanes via airplane cards.

So the common strategy is to collect your first two or three Amex US products in the first year of your US credit history, using small business credit cards as a way to continue earning welcome bonuses without adding 5/24 of your total.

After approximately one year of credit history and obtaining a unique Taxpayer Identification Number (ITIN), you can start with Chase and apply for as many Chase Cards as you want until you reach your maximum under Rule 5/24. .

Then, once you’ve established a chase relationship, you can comfortably turn your attention to Amex US and fill out your five-card lineup if you wish, as well as other lucrative US issuers like Citi and Capital One.

Conclusion

In the United States, American Express limits cardholders to five credit cards at any given time.

When you can load freely Charge card In the Membership Rewards family, it’s important to think about what products you should have in the top five Credit card How you time these applications by keeping an eye on the eligibility rules by slots, as well as other issuers.

In my view, a healthy blend of Marriott Forest Fear and Hilton Honors cards makes the cross-border Amex the most understandable for US cardholders to keep open in the long run, allowing you to diversify your hotel prize game far more than what is available in Canada.

What does your best portfolio of American Express US credit cards look like? Would you rate Platinum Elite Status, Hilton Card for their free overnight certification for the combined growth of the Fear Card, or perhaps other Amex US credit cards if you’re not so interested in hotel loyalty programs? I would like to hear your thoughts in the comments below.

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