Dormancy fees can’t be imposed unless the card has been inactive for at least 12 months. I have had it for about 6 months and have a credit score of 707 (I pay it off in full every two weeks or once a month). Credit. I am 18 years old and I have a college credit card at Wells Fargo. Are you taking advantage of competitive bonuses? Credit Card Fraud/Refund Questions. What credit cards will you recommend for me given: a) I want no annual fees, b) I want a high reward points - to peso spent scheme, 3) I have no prior credit cards nor do I have high savings on a brick-and-mortar bank. Hello! “If I have two credit cards and I did all my spending on credit card B instead of card A, but card A is the one that has the benefits, then I get nothing,” says Michael Kitces, a certified financial planner with Pinnacle Advisory Group in Maryland. (Ex: - Reddit How Best place to for the other cards? I travel quite a bit, spend a lot on gas, spend a lot on fb ads, buying a new truck soon, moved into a … My oldest line of credit is now about 10 years old and my score is 791. This is my first post on this subreddit and it's really helpful to read all of the questions in here. Get Infinite Manchester Privileges, including Bespoke VIP Trip to Old Trafford and Private Stadium Tour with MU Legend. Mortgage or auto loans would be a better builder for credit in the long term. The Reddit Ads platform currently does not accept payment with Paypal, bitcoin, check, or wire transfer. APPLY NOW ADD TO COMPARE. Not automatically. I was wondering if I should think about opening another credit card after about a year or so. I have browsed through the subreddit for first credit card users, majority are responding with Discover Student cards. Close • Posted by just now. A debit card pulls money directly from an associated bank account. Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. WHEN you do plan to buy a house(if you want a house) just stop applying, say you're thinking "oh I wanna buy a house by the time I'm 30 years old" then just stop signing up for credit cards at 28 or however long new accounts stay on your record. by Dawn Papandrea. 25,000MR after spending $1,500. ... help Reddit App Reddit coins Reddit premium Reddit … Apply online. Check nerd wallet and bank rate to search the best cards for your credit score, spending habits and sign up bonuses. Having only one credit card for not even a year is a pretty thin file, so even with a 700+ score you are still on the riskier end of the spectrum. Unless you’re worried about having enough for emergencies, I would say don’t open another credit card. Press question mark to learn the rest of the keyboard shortcuts. I pay off my credit card every month as well and have had the same one since I established said credit. What Are the Best Credit Cards? Then never use it again if you want or put it on Netflix autopay. Thank you for the advice! The Credit CARD Act of 2009 changed the rules for secured cards by prohibiting fees within the first year that exceed 25 percent of your deposit. April 24, 2013. I have been trading for about 6 months now and I am looking at maybe getting my real estate license. Credit. I have had it for about 6 months and have a credit score of 707 (I pay it off in full every two weeks or once a month). Questions about credit card usage. 2 simple questions about credit card. It would be based solely on your own credit score, card activity and other qualifications. However credit is also a long term game. It's been tough for many of us to miss out on family events in 2020. One thing is if you have a thick or thin file. Join our community, read the PF Wiki, and get on top of your finances! 3 Credit Card Topics People are Talking About on Reddit; 3 Interesting Threads We Found on Reddit; 3 Credit Card Topics People are Talking About on Reddit. The Reddit credit cards forum gives you a good overview for getting a new credit card or maximizing what’s already in your wallet. So while it is true that your score is great for an 18 year old, its also not super hard to get. My oldest line of credit is now about 10 years old and my score is 791. RM100,000 . You're already paying off your bill monthly, there's no downside to having a shit ton of credit cards in your name, just figure out what you want and plan ahead. Apply online. Yeah, it’s just a waiting game from here. Here’s a catch-22: A credit card is the quickest way to build good credit, but you can’t get a credit card without good credit. The Credit CARD Act of 2009 took much of the sting out of gift card fees by setting limitations on gift card dormancy fees, expiration dates and other terms. Press J to jump to the feed. I was approved in October for two credit cards, one with a $300 limit and the other a $200 limit. Another common question is the best travel credit card for beginners. ... 200 new credit cards added to the database -- if any of yours are missing, please let me know, but with over 3,000+ cards supported, the odds are good it's in there already! I pay off my credit card every month as well and have had the same one since I established said credit. Your $5,000 credit limit will continue to apply to the total card balance, regardless of the number of users. - Reddit - Reddit guide on How. Thank you for that advice! If you’re looking for advice from those who already own the card, or you want a second opinion, this is a fast and free way to get advice. Understanding how credit cards work can be tough. Even if your credit score is dinged for opening up too many credit cards in a short time, who cares? 1. Join our community, read the PF Wiki, and get on top of your finances! DISCOVER. Are you planning to buy a house, something big like that? More posts from the personalfinance community. Your credit limit will only increase if you specifically request a credit limit increase or are scheduled to receive an increase anyway. More posts from the personalfinance community. But beyond the score itself there are other things to consider. I am just wrapping up my job as an auto mechanic within the next month (the shop is closing due to some highway construction). Credit Card Questions. With my score and history being what it is, what is the best type of card benefits to look into? Advertiser Disclosure Filed Under: ... it’s time to ask yourself some tough questions about your credit. I don't have any problems with high interest rates since I can pay them lmao. Hello! Reddit. I'm not too knowledgeable in these matters. The most common credit card questions readers ask and how to find your answers. Find the best credit card for your lifestyle and choose from categories like rewards, cash back and no annual fee. Stanford sorry for vaccine plan that left out many front-line doctors. Annual Income. P.S. Here are some trusted answers to a few of the biggest questions people are asking on r/creditcards and r/churning about opening new credit cards. I also don't completely understand the idea of cash-back or if there are any catches. I am a bot, and this action was performed automatically. ... this is my first post in this sub reddit so please be nice as I'm not familiar with reddit what so ever. Credit cardholders who earn RM36,000 per annum or less can only hold credit cards from a maximum of two (2) issuers. Just remember, the amount of credit you have available is NOT the amount you can spend. 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