- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Applying for my first credit card - need advice
Posted on 5/14/12 at 1:59 pm
Posted on 5/14/12 at 1:59 pm
So here's my story. I recently graduated from college and got a job away from home, so I'm basically out on my own. Parents still help out some but the vast majority of expenses are on me. Give me some advice on a "starter card." Something with a low limit, I don't plan on going wildly into debt, just need something to help out a little while building my credit.
Posted on 5/14/12 at 2:03 pm to lsut2005
I can see in your post history that you post mainly on the OT.
AMEX Black
/Thread
AMEX Black
/Thread
Posted on 5/14/12 at 2:05 pm to lsut2005
Capital One seems to be a good starting place for many. No, you won't have the best rate but they'll give you a good shot to start generating a credit history.
Posted on 5/14/12 at 2:08 pm to TheHiddenFlask
quote:
I can see in your post history that you post mainly on the OT. AMEX Black /Thread
Give me a few years.
Posted on 5/14/12 at 2:32 pm to VABuckeye
quote:
Capital One seems to be a good starting place for many. No, you won't have the best rate but they'll give you a good shot to start generating a credit history.
That's what I had to start with. To the OP: What I recommend is starting with the Capital One Platinum. I had no credit history and was approved for it. After six months or so of having this card and paying off low balances each month, I applied for the Amex Gold. It's been a total of one year now, and my credit score has jumped from 660 to 730.
ETA: My limit on the Capital One card is $750, and my limit on the Amex is $2000.
Hope this helps.
This post was edited on 5/14/12 at 3:00 pm
Posted on 5/14/12 at 2:58 pm to LSUtoOmaha
quote:
That's what I had to start with. To the OP: What I recommend is starting with the Capital One Platinum. I had no credit history and was approved for it. After six months or so of having this hard and paying off low balances each month, I applied for the Amex Gold. It's been a total of one year now, and my credit score has jumped from 660 to 730.
ETA: My limit on the Capital One card is $750, and my limit on the Amex is $2000.
Almost verbatim of what i did
Posted on 5/14/12 at 3:08 pm to GregYoureMyBoyBlue
quote:
my limit on the Amex is $2000.
I thought the beauty of the AMEX was there was no limit, as long as you paid it off each month?
Posted on 5/14/12 at 3:10 pm to monroe71201
quote:
I thought the beauty of the AMEX was there was no limit, as long as you paid it off each month?
Amex Green/Gold/Plat/Black don't have limits, as far as I know.
Their other cards all have them.
Posted on 5/14/12 at 3:10 pm to TheHiddenFlask
Posted on 5/14/12 at 3:15 pm to LSUtoOmaha
quote:
That's what I had to start with. To the OP: What I recommend is starting with the Capital One Platinum. I had no credit history and was approved for it. After six months or so of having this card and paying off low balances each month, I applied for the Amex Gold. It's been a total of one year now, and my credit score has jumped from 660 to 730.
That sounds like what I'm looking for and I trust your judgement. I like the low limit.
Posted on 5/14/12 at 3:16 pm to LSUtoOmaha
quote:
LSUtoOmaha
How's The Cottages pool been lately?
Posted on 5/14/12 at 3:18 pm to lsut2005
Start with an Amex green card. Amex encourages recent college grads to apply and recognizes that you might not have a credit history. Once you've had that for a while, you'll have no problem getting any of the others. I wouldn't worry about all of these rewards programs and airline miles. They're more trouble than they're worth in most cases.
Posted on 5/14/12 at 3:24 pm to lsut2005
quote:
How's The Cottages pool been lately?
you got the wrong person. I live in Nashville now.
Posted on 5/14/12 at 6:22 pm to lsut2005
i got the Discover More card for my first legit cc. 5% cash back categories throughout the year. 5% back on your bday month. 1% on everything else. got a low rate. i really like Discover.
Posted on 5/14/12 at 6:26 pm to lsut2005
Try the Amazon card by Chase.
3 points on Amazon
2 on gas and eating
1 on everything else.
Go with AMEX or Chase. Chase has a premium line for one of their better cards but I found it on gethuman.com and they still help me with my Amazon card. Getting to speak to real Americans is worth a million dollars to me.
I'm sure AMEX customer service is better than Chase, too. After speaking to so many foreign people over the last decade with customer service. Speaking to Americans is amazing.
3 points on Amazon
2 on gas and eating
1 on everything else.
Go with AMEX or Chase. Chase has a premium line for one of their better cards but I found it on gethuman.com and they still help me with my Amazon card. Getting to speak to real Americans is worth a million dollars to me.
I'm sure AMEX customer service is better than Chase, too. After speaking to so many foreign people over the last decade with customer service. Speaking to Americans is amazing.
This post was edited on 5/14/12 at 6:29 pm
Posted on 5/14/12 at 7:18 pm to lsut2005
Just get a general rewards card, from Chase or Cap One. PAY YOU BILL IN FULL EVERY MONTH!
Popular
Back to top
Follow TigerDroppings for LSU Football News