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bryso 
Clemson Fan
The Real Death Valley
Member since Dec 2006
26768 posts
| re: Best type of credit card for young professionals? (Posted on 10/31/12 at 10:58 pm to TheCaterpillar)
quote:
I might try the Chase Freedom card. I spend on random shite and hopefully I can get my credit up and try again in 6 months. I will save your email and use it again then
just a heads up... i have a chase freedom card... have had it since 2006... recently went to apply for a loan and they said i have a "thin" credit file... so apparently chase freedom isn't a good card to build credit with...
i think that some banks have credit builder loans which is essentially a way to buy credit points.. you take a out loan for 1,000 and then put it in a CD in their bank.. you pay the 30 bucks a month or whatever it is.. by the end of it you have improved your credit and have the CD... of course you pay more in interest than you earn... so don't go getting any ideas.
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BACONisMEATcandy 
LSU Fan
My opinions are my own
Member since Dec 2007
37656 posts
 Online
| re: Best type of credit card for young professionals? (Posted on 10/31/12 at 11:07 pm to bryso)
The rotating 5% cash back categories just don't appeal to me... I am probably in the minority on that though
I call dibs on anyone wanting a Delta Amex referal 
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bryso
Clemson Fan
The Real Death Valley
Member since Dec 2006
26768 posts
| re: Best type of credit card for young professionals? (Posted on 10/31/12 at 11:15 pm to BACONisMEATcandy)
Yea. I can see how it isn't attractive. I got it becaue it was easy to manage inside of my chase acount during school.. It's the only cc I have. I've thought about getting others or better points. But I just don't spend enough money for it to matter
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Croacka
UNLV Fan
Denham Sprangs
Member since Dec 2008
37638 posts
Online
| re: Best type of credit card for young professionals? (Posted on 11/1/12 at 9:49 am to BACONisMEATcandy)
quote:
The rotating 5% cash back categories just don't appeal to me...
I agree
I'd rather have 4 different cards for the different categories to maximize return
Right now I have Amex blue and Penfed for gas
Think I may add the citi forward for food and amazon and that should be a pretty good rotation based on my spending habits
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NaturalBeam
LSU Fan
Member since Sep 2007
12313 posts
| re: Best type of credit card for young professionals? (Posted on 11/1/12 at 12:54 pm to LSUlunatic)
I have Delta Amex - in the first year, we've gotten 3 free roundtrip flights, not including the companion voucher you get once a year. Also, a free checked bag and half off the entry fee to Delta skyclubs.
Delta is not my favorite airline, but the wife and I like to travel so it's a good card for us. I use it like a debit card and pay the balance a couple of times a month.
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BACONisMEATcandy
LSU Fan
My opinions are my own
Member since Dec 2007
37656 posts
Online
| re: Best type of credit card for young professionals? (Posted on 11/2/12 at 9:45 am to NaturalBeam)
That is pretty much the same thing I do.... However I have to fly delta pretty frequently so the card just made sense for me
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bryso
Clemson Fan
The Real Death Valley
Member since Dec 2006
26768 posts
| re: Best type of credit card for young professionals? (Posted on 11/5/12 at 8:47 pm to BACONisMEATcandy)
does anyone use the amex blue cash preferred card for groceries? its got a $75 fee but offers 6% on purchases from stand alone grocery stores.
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Croacka
UNLV Fan
Denham Sprangs
Member since Dec 2008
37638 posts
Online
| re: Best type of credit card for young professionals? (Posted on 11/6/12 at 7:22 am to bryso)
Yeah, that's my main card
It's been brought up in the thread a few times
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rmc
LSU Fan
Zachary, LA
Member since Sep 2004
21142 posts
Online
| re: Best type of credit card for young professionals? (Posted on 11/6/12 at 8:16 am to Croacka)
Coming here to see if anyone has defined what a young professional is. I think if someone used that term IRL, I would just start laughing if I knew them well enough.
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yellowfin 
Illinois Fan
Paige is Pretty
Member since May 2006
51846 posts
Online
| re: Best type of credit card for young professionals? (Posted on 11/6/12 at 8:49 am to rmc)
cubicle monkey
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bryso
Clemson Fan
The Real Death Valley
Member since Dec 2006
26768 posts
| re: Best type of credit card for young professionals? (Posted on 11/6/12 at 9:15 am to Puffoluffagus)
Does the citi forward offer 5% on anythig from amazon or just books? That prob where I purchase the most crap.
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saderade 
New Orleans Saints Fan
America's City
Member since Jul 2005
19692 posts
| re: Best type of credit card for young professionals? (Posted on 11/6/12 at 11:26 am to rmc)
quote:
Coming here to see if anyone has defined what a young professional is. I think if someone used that term IRL, I would just start laughing if I knew them well enough.
I take it to mean someone that works a white collar job. They are more likely to want airline and travel miles vs someone that works construction and doesn't go on vacation.
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BACONisMEATcandy
LSU Fan
My opinions are my own
Member since Dec 2007
37656 posts
Online
| re: Best type of credit card for young professionals? (Posted on 11/6/12 at 12:35 pm to bryso)
I may have to look into this citi card... I buy a ton of things from them simply because of Prime... Like paper towels
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IM4LSUTIGERS
LSU Fan
Member since Dec 2006
443 posts
| re: Best type of credit card for young professionals? (Posted on 11/6/12 at 4:18 pm to LSUlunatic)
Chase Freedom is good.
I prefer the Chase Sapphire Preferred....this would be my number 1.
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bryso
Clemson Fan
The Real Death Valley
Member since Dec 2006
26768 posts
| re: Best type of credit card for young professionals? (Posted on 11/6/12 at 4:24 pm to BACONisMEATcandy)
quote:
I may have to look into this citi card... I buy a ton of things from them simply because of Prime... Like paper towels
i looked it up standing in line to vote... b/c like you i buy all kinds of shite on amazon due to prime.... Hell i bought a toilet flush kit yesterday...
i really didnt get a good look at it because of my phone.. but i didnt see any mention to amazon being on the 5% list... if you see different please let me know.
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bryso
Clemson Fan
The Real Death Valley
Member since Dec 2006
26768 posts
| re: Best type of credit card for young professionals? (Posted on 11/6/12 at 4:27 pm to bryso)
quote:
If you're a big Amazon shopper, I'd actually recommend the American Express Blue Cash Preferred. It gives 6% on groceries, 3% on gas and department stores and 1% elsewhere. The key is to buy a ton of Amazon gift cards at the supermarket, so you get 6% back on all your Amazon buys. Another upside of the Blue Cash over the Forward is that the Blue Cash gives, well, cash, which is a lot easier to use/redeem than Citi's ThankYou Points.
mo fo is a genius.
eta: link
LINK
This post was edited on 11/6 at 4:28 pm
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Croacka
UNLV Fan
Denham Sprangs
Member since Dec 2008
37638 posts
Online
| re: Best type of credit card for young professionals? (Posted on 11/6/12 at 6:42 pm to bryso)
I've considered that method
Amex blue cash just started limiting annual grocery rewards to 6000 spent because people were abusing the hell out of this loophole
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CP3LSU25
LSU Fan
Lafayette
Member since Feb 2009
28186 posts
| re: Best type of credit card for young professionals? (Posted on 11/7/12 at 9:53 am to Croacka)
quote:
Amex blue cash just started limiting annual grocery rewards to 6000 spent because people were abusing the hell out of this loophole
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bryso
Clemson Fan
The Real Death Valley
Member since Dec 2006
26768 posts
| re: Best type of credit card for young professionals? (Posted on 11/7/12 at 1:42 pm to CP3LSU25)
quote:
Amex blue cash just started limiting annual grocery rewards to 6000 spent because people were abusing the hell out of this loophole
i had massive ideas of seeing how much money i could spend at albertsons...
i would assume that with their selection of gift cards i could do about 80% of my "shopping" via albertsons...
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Bama54 
Alabama Fan
Neverland
Member since Nov 2011
1449 posts
| re: Best type of credit card for young professionals? (Posted on 11/7/12 at 7:42 pm to Powerman)
quote:
A low interest rate
Shouldn't matter...shouldn't carry a balance
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