Any room for improvement on my profile?

For just about anything you want to get off your chest about credit cards.
8 posts
JHex2
Green Member
Green Member
 
Posts: 4
Joined: Tue May 27, 2014 7:56 am
Location: NJ

Any room for improvement on my profile?

Postby JHex2 » Tue May 27, 2014 8:14 am

Hi All,

First time poster here. I've been lurking for a while and have learned a lot from all of you, but I do have some questions and some ideas I'd like to throw out there.

I'm 25 and my FICO is EX 768 - EQ 771 - TU 766.

Income is 50k

I have 4 credit cards from oldest to youngest
Capital One Quicksilver (upgraded from a platinum) - $2500
Best Buy Rewardzone Mastercard - $4300
Citi ThankYou Preferred - $5600
Fidelity Amex - $6000

My spend isn't too high, all cards are paid off, and I've never paid interest, and don't plan on doing so in the future. I don't travel much, so I think things like CSPs and Arrival+ are out.

My QS isn't a Visa Signature, but I've made a request to have it upgraded to one. Hopefully that comes through.

My TYP is kind of cool because I just got a balance transfer offer for 0% on the balance transfer and new purchases until 1Jun2015. Are there any better Citi cards to upgrade to? I was looking at the ThankYou Premier, but I'm not sure if I'd dedicate enough spend to it to make up for the AF. I mainly use the TYP as a food and gas card, and at any sketchy places because its chipped.

I guess the main questions are: should I sit tight and garden? And should I upgrade my Citicard to something else? I also have a car loan I'm paying off at 0% APR.

Thank you so much for any advice you could provide. I've been taught to take my credit seriously since before I had credit, but I feel I have a lot more to learn.


Robrus1
Centurion Member
Centurion Member
 
Posts: 797
Joined: Tue Oct 02, 2012 3:25 pm
Location: Texas

Postby Robrus1 » Tue May 27, 2014 10:09 am

Just depends on what you primarily spend money on. If you spend a decent bit on gas/groceries you may want to check out the AmEx Blue Cash Everyday or the Preferred version, both are good cash back cards and do better than 2% for those categories. Other than that it's hard to say without knowing where your spending goes.
Amex Platinum
Amex BCP 21K
Amex SPG 5K
Barclaycard Arrival Plus WEMC 5K
Chase Sapphire Preferred 23.5K
Credit Union 10K
Discover IT 7.75K

JHex2
Green Member
Green Member
 
Posts: 4
Joined: Tue May 27, 2014 7:56 am
Location: NJ

Postby JHex2 » Tue May 27, 2014 10:33 am

Thanks for the quick reply. Most of my purchases are discretionary items, electronics, clothes, collectibles, and a lot of the payments are CC via paypal, so I'm not even sure how that gets categorized. A lot of dining out as well. But the biggest category is electronics.

wiivile
Centurion Member
Centurion Member
 
Posts: 151
Joined: Mon Apr 22, 2013 10:05 pm
Location: New York, NY

Postby wiivile » Tue May 27, 2014 4:28 pm

Dude the U.S. Bank Cash+ sounds right up your alley.

You can choose two 5% cash back categories... electronics and restaurants/fast food are among the choices. (Though restaurants/fast food unfortunately are considered separate categories)
    Chase Sapphire Preferred Visa Signature: 11/2013, $15,000 CL
    Chase Freedom Visa: 11/2009, $4,700 CL
    U.S. Bank Cash+ Visa Signature: 11/2013, $11,200 CL

JHex2
Green Member
Green Member
 
Posts: 4
Joined: Tue May 27, 2014 7:56 am
Location: NJ

Postby JHex2 » Tue May 27, 2014 6:36 pm

I dont think I can get that unless I go to a branch unfortunately. Thanks for the thought though. Maybe I should switch my citi to a dividend preferred? I just cashed my thankyou points.

wiivile
Centurion Member
Centurion Member
 
Posts: 151
Joined: Mon Apr 22, 2013 10:05 pm
Location: New York, NY

Postby wiivile » Tue May 27, 2014 11:28 pm

JHex2 wrote:I dont think I can get that unless I go to a branch unfortunately. Thanks for the thought though. Maybe I should switch my citi to a dividend preferred? I just cashed my thankyou points.


I got the Cash+ applying over the phone...
    Chase Sapphire Preferred Visa Signature: 11/2013, $15,000 CL
    Chase Freedom Visa: 11/2009, $4,700 CL
    U.S. Bank Cash+ Visa Signature: 11/2013, $11,200 CL

takeshi
Centurion Member
Centurion Member
 
Posts: 1733
Joined: Wed Jun 05, 2013 3:12 pm
Location: US

Postby takeshi » Wed May 28, 2014 8:37 am

JHex2 wrote:My spend isn't too high

What's your reported utilization?

JHex2
Green Member
Green Member
 
Posts: 4
Joined: Tue May 27, 2014 7:56 am
Location: NJ

Postby JHex2 » Wed May 28, 2014 2:56 pm

On my reports its 1%, but I've just made a few decent charges so its about %8 as of this writing.



Return to “General Credit Card Talk”

Who is online

Users browsing this forum: No registered users and 2 guests