A little credit card knowledge from my past 2 years of going from the gutter to a 760 score.
How does everyone like credit cards? I know they can be scary but in order to progress in the world today you need good debt utilization. I personally use my credit cards like a debit card, only using it if I have the money to immediately pay it off. I will do payment plans with zero interest if I have a card that does that (which I do), but I’ll stay under a 10% debt utilization ratio.
I absolutely HATE the fact that we need them in todays society but you can get one’s that make you’re life easier. I just got my 6th one and I’m stopping here for a long time. Here is a good list of cards that have no annual fee to get you started that I have:
Capitol One Platinum - I have two of these and bother were my first credit cards. My first of these came with and still has a $200 limit (I had to pay $200 down to get the credit line started). The second one I applied for six months later and got approved for immediately for $400 (which it still has).
Apple Card for iPhone users - this card is almost a no brainer, especially if you have moderate to good credit. 3% back in the App Store, 2% back on tap to pay with Apple Pay and 1% back on everything else. This card also has the best app for a credit card I’ve ever used. If you have a phone plan with one of the big three you can also finance new iPhones or if you want other Apple electronics and accessories you can finance those whenever you want to.
Amazon Visa - also a no brainer card if you use Amazon and have prime. I make enough rewards points with the 5% cash back on Amazon purchases every year to get free Amazon Prime!
American Express Blue Cash - I just got approved for this card yesterday and I’m excited to use it! It gets 3% at grocery stores excluding supermarkets like Walmart up to $6k in purchases in a year, 3% back on gas up to $6k in a year and 3% back on online retailers up to $6k in a year. After $6k in EACH these categories it reverts to a 1% cash back for the rest of the year. This card also has no annual fee.
Again credit is scary, but if you utilize it properly and have self control you can make it your bitch. My credit score went from 350 to 760 in 2 years, you got this!
*I’m not a credit professional, I’m just some dude you plays video games and buys bitcoin so don’t take this as professional advice.
ThatKeefMan / KeefMan
npub14f…ntw8m
2024-08-28 21:00:50
Author Public Key
npub14fjfeqxynam8thuvpvscjuc6x3chpyftp855cdvs7zrf9fcsu6wsfntw8mPublished at
2024-08-28 21:00:50Event JSON
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"content": "A little credit card knowledge from my past 2 years of going from the gutter to a 760 score. \n\nHow does everyone like credit cards? I know they can be scary but in order to progress in the world today you need good debt utilization. I personally use my credit cards like a debit card, only using it if I have the money to immediately pay it off. I will do payment plans with zero interest if I have a card that does that (which I do), but I’ll stay under a 10% debt utilization ratio.\n\nI absolutely HATE the fact that we need them in todays society but you can get one’s that make you’re life easier. I just got my 6th one and I’m stopping here for a long time. Here is a good list of cards that have no annual fee to get you started that I have:\n\nCapitol One Platinum - I have two of these and bother were my first credit cards. My first of these came with and still has a $200 limit (I had to pay $200 down to get the credit line started). The second one I applied for six months later and got approved for immediately for $400 (which it still has). \n\nApple Card for iPhone users - this card is almost a no brainer, especially if you have moderate to good credit. 3% back in the App Store, 2% back on tap to pay with Apple Pay and 1% back on everything else. This card also has the best app for a credit card I’ve ever used. If you have a phone plan with one of the big three you can also finance new iPhones or if you want other Apple electronics and accessories you can finance those whenever you want to. \n\nAmazon Visa - also a no brainer card if you use Amazon and have prime. I make enough rewards points with the 5% cash back on Amazon purchases every year to get free Amazon Prime!\n\nAmerican Express Blue Cash - I just got approved for this card yesterday and I’m excited to use it! It gets 3% at grocery stores excluding supermarkets like Walmart up to $6k in purchases in a year, 3% back on gas up to $6k in a year and 3% back on online retailers up to $6k in a year. After $6k in EACH these categories it reverts to a 1% cash back for the rest of the year. This card also has no annual fee. \n\nAgain credit is scary, but if you utilize it properly and have self control you can make it your bitch. My credit score went from 350 to 760 in 2 years, you got this!\n\n*I’m not a credit professional, I’m just some dude you plays video games and buys bitcoin so don’t take this as professional advice.",
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