- Centurion Member
- Posts: 119
- Joined: Fri Sep 28, 2012 9:22 pm
- Location: Texas
ChristianLFonts wrote:So I recently just turned 18 and I had just applied for a Discover It card.I just got my card in yesterday with a no credit history they gave me a CL of $500 I don't know whether that is a good starting limit or not. I do want to have more then one credit card I want to own a Amex card and build my history with them. Any tips on building my history with a Discover card? I have read that I don't want to use more then 33% of my balance so does that mean that I want to restrain myself from using more then $165? I can do that but that seems pretty low to me.
You can charge more than 500.00 per month provided that pay off your charges several times each month. That would demonstrate that you are responsible and after a few months that action will help you with credit line increases. At least that is what I discovered in my early credit days.
AMEX Green Card - NPSL [Member Since 1995]
AMEX Everyday Card ($25,000) 6/14 Backdated to 1995 - For 20% Extra Points Benefit
Chase Freedom Visa Signature ($17,000) - For 5% rotating categories
Citi ThankYou Preferred Visa Signature ($16,000) - 2% dining
Discover IT Humane Society Design ($16,500) - For 5% rotating categories
Firestone ($2,600) - For 0% financing
Home Depot ($10,000) - For 0% financing
JCPenney Credit Card ($7,000) - For special discounts
Sam's Club MasterCard - ($20,000) - 5% off gas at any fuel pump
Wells Fargo Personal Line of Credit - ($15,000)FICO's - 767 EX, 778 EQ, 790 TU [02/2015]