- Centurion Member
- Posts: 106
- Joined: Sat Feb 14, 2015 12:32 pm
- Location: North Carolina
Yes, it would. While secured cards aren't that great, they are necessary to start out in some instances. In fact, thats how I started out. Having two cards to begin your credit history is good. In the future you can close them when you get further along the credit train. So for now keep both, to keep building.
Now regarding other cards I would apply for if I were you. I would apply for any card issued through GECRB, well they aren't called that anymore, but I mean apply for a card from either Walmart, Lowes Home Improvement, Amazon, Marathon Fuel. etc. A full list of cards issued by them can be found online. I would apply for their "store" cards, ones that don't have a Visa or MasterCard logo. These are easier to get. The cool things is they are unsecured, but their interest rate is crap (like 25%) so don't put a balance on it. They are generous with credit line increases over time, and they are good starter cards...I'm not the best example but that's how I started....I'm 20 now, had credit for like 2 years, and look at all my limits now (see signature). I wouldn't apply for the store cards right away though...I would wait a little bit, perhaps when that Credit Line Increase comes along.. Let me know if I can be of further assistance.
Cards Currently In My Wallet(See Avatar)
Chase Marriott Rewards Visa Signature (Daily Purchase): 13.4K
NFCU Visa SignatureCash Rewards: 5K
Sheetz Discount Card 3c Off PerGallon Of Gas Everyday
Total Credit Card Limits Roughly: 61.5K