Best type of credit card for young professionals? | Page 3 | TigerDroppings.com

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bryso
Clemson Fan
The Real Death Valley
Member since Dec 2006
27081 posts

re: Best type of credit card for young professionals?


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
Delta, Amex, & Über Threads
Member since Dec 2007
41834 posts

re: Best type of credit card for young professionals?


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
27081 posts

re: Best type of credit card for young professionals?


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 Springs
Member since Dec 2008
51756 posts
 Online 

re: Best type of credit card for young professionals?


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
13113 posts

re: Best type of credit card for young professionals?


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
Delta, Amex, & Über Threads
Member since Dec 2007
41834 posts

re: Best type of credit card for young professionals?


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
27081 posts

re: Best type of credit card for young professionals?


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 Springs
Member since Dec 2008
51756 posts
 Online 

re: Best type of credit card for young professionals?


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
22565 posts
 Online 

re: Best type of credit card for young professionals?


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
Coastal Bar
Member since May 2006
71364 posts
 Online 

re: Best type of credit card for young professionals?


cubicle monkey





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bryso
Clemson Fan
The Real Death Valley
Member since Dec 2006
27081 posts

re: Best type of credit card for young professionals?


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
21196 posts

re: Best type of credit card for young professionals?


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
Delta, Amex, & Über Threads
Member since Dec 2007
41834 posts

re: Best type of credit card for young professionals?


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?


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
27081 posts

re: Best type of credit card for young professionals?


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
27081 posts

re: Best type of credit card for young professionals?


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 Springs
Member since Dec 2008
51756 posts
 Online 

re: Best type of credit card for young professionals?


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
35783 posts

re: Best type of credit card for young professionals?


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
27081 posts

re: Best type of credit card for young professionals?


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
2959 posts

re: Best type of credit card for young professionals?


quote:

A low interest rate


Shouldn't matter...shouldn't carry a balance






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