I find myself in a conundrum. I am looking to getting a new credit card soon, and would like input on which card I should get. There are a few options, and they all fall within my credit score requirements. The caveat is, I am close to my 5/24 rule. I also have a small business credit line, which I am not 100% sure doesn’t count towards the 5/24 rule. Here are my options and what I currently have:

 

What’s in my Wallet:

 

American Express OPEN Business Platinum Card

I have had this card since I started my own small business. I don’t have many expenses, and as a charge card, I pay it in full every month. My business credit score is excellent, and I recommend every small business owner to check their credit via Duns&Bradstreet. It’s free (for a basic membership) and offers some insight. I love my AMEX card given all the benefits it brings, and I find the $450 fee to be well worth it.

Bank of America BankAmericard Travel Rewards

The first formal credit card I was approved for, it comes with no annual fee and a 1.5 points per dollar spent. These points are useful towards travel expenses. I really like this card but I don’t use it as often as my other cards.

BBVA Compass CompassCard

This was the first ~credit card~ I was approved for. It is a $40 fee card, with a guarantee fund behind it. I was approved instantly, and am still keeping it as a thank you for their trust in me.

Barclaycard Arrival PLUS

This was my first WorldElite card I was approved for. It offers 2X points on every purchase, and these points can be used towards travel expenses.

Barclaycard American Aviator Red Card

My most recent card I obtained. I like this card for the benefits it has with American (although I get most of them via being Executive Platinum). I appreciate the low annual fee, and the 50,000 miles sign up bonus.

Citi American Airlines Citi Executive Card

I am an authorized user for this card. I only have it for the Admirals Club access benefit. Besides that, I don’t use it at all. I don’t use it given that the benefits it offers do not apply to me at all.

Options that I want to add:

 

Chase Sapphire Preferred

I am thinking this is my most critical acquisition card. Given that I am 1 card away from my 5/24 cap, I think this is the card I will select. I am open to others, and I do not want to get the Chase Sapphire Reserve just yet.

Citi Premier

This card has a 50,000 points sign up bonus for the time being, as well as 2X points on dining. That’s the same as the Sapphire Preferred.

Citi World Elite Executive Mastercard

I would get this card in order to get the benefits the card offers. I am hesitant though. The high annual fee as well as the the amount of spend for the sign up bonus.

Barclaycard Aviator Silver Mastercard

I am looking to upgrade the Aviator Red to this card soon. It doesn’t count as a hard inquiry and offers great benefits.

Chase Ink Preferred

I want to get this card for its sign up bonus, as well as to add another credit card to my business. I have been running the American Express high recently, and although I pay it in full, I would rather have two options to spend on.

Landing Thoughts:

If you have any of these cards, please let me know your experience with them, and help me pick which card you like most. If you don’t like a specific card, let me know as well in order to give each card a fair evaluation.

 

What do you think? Which new card should I get? Let me know!

All cards from the company websites, or from The Points Guy