Thread: Freedom to Zync to True Earnings... For beginners

I started off with no credit card and decided to take a plunge and find the best suitable CC for me about a year ago ( Mid 20's about 60k income)

First went to my direct bank that i have had for years and obtained Chase Freedom card ... with about a limit of 1K. Around the same time i applied for the TE bc i thought i would be approved... WRONG... obviously .. well... finally did some research and found this website and was enlightened!

So what i did was wait 6 month from my first CC and applied for Zync Amex card bc i do a lot of shopping at costco (gas groceries... cheap pizza... bulk alcohol ... you get my drift)

So fast forward another 6 months ( paying all CC in full every month for about a year) ... Freedom card is at 2K limit... Zync spending was about at 1K avg. a month paid in full... finally decided to apply to TE

Applied and a few days later was approved with a 7K spending limit

So in conclusion...

1) patience
2) Pay on time
3) Read on what CC is best for you...
4) this website has been a such a great help couldnt have done it with out it

Questions:

Not sure what I should do with my Zync card ... keep it/cancel it after a year ? i use the packs but not sure if it would worth keeping it after my 1 year is up ... any suggestions? I dont travel thatttt much 3-4 x a year ... thanks for reading... hope it helps someone as confused i was about the whole CC thing.

Thanks for that, I'm sure it will be a big help for some. As far as your Zync goes.. depends on how you like it.. maybe upgrade to platinum or something? I'm sure you should be able to. btw Congrats on your TE card, I want one of those in the future as well. Although I just got my Zync a few months ago so I want to wait at least 6 months to a year before apping for any other Amex cards.

Originally Posted by Aj123

I started off with no credit card and decided to take a plunge and find the best suitable CC for me about a year ago ( Mid 20's about 60k income)

First went to my direct bank that i have had for years and obtained Chase Freedom card ... with about a limit of 1K. Around the same time i applied for the TE bc i thought i would be approved... WRONG... obviously .. well... finally did some research and found this website and was enlightened!

So what i did was wait 6 month from my first CC and applied for Zync Amex card bc i do a lot of shopping at costco (gas groceries... cheap pizza... bulk alcohol ... you get my drift)

So fast forward another 6 months ( paying all CC in full every month for about a year) ... Freedom card is at 2K limit... Zync spending was about at 1K avg. a month paid in full... finally decided to apply to TE

Applied and a few days later was approved with a 7K spending limit

So in conclusion...

1) patience
2) Pay on time
3) Read on what CC is best for you...
4) this website has been a such a great help couldnt have done it with out it

Questions:

Not sure what I should do with my Zync card ... keep it/cancel it after a year ? i use the packs but not sure if it would worth keeping it after my 1 year is up ... any suggestions? I dont travel thatttt much 3-4 x a year ... thanks for reading... hope it helps someone as confused i was about the whole CC thing.

If I were you I would cancel your aqua American express/costco card. your zync card looks like a very nice card. certainly give the better card of the 2 a year and then if it's not for you, you can then cancel. but get rid of that joke of a card. aqua american express/costco.

Congrats. The Costco True Earnings is a great card. I agree with the others; keep the Zync as eventually it will help with AAoA and only carries a $25 fee.