- Centurion Member
- Posts: 875
- Joined: Thu Apr 30, 2009 2:32 pm
- Location: Texas
Charge, pay off, repeat. Keep doing that. You might look for bills you can pay with credit (without a surcharge) such as insurance, electric, etc. Spending adds up. The important thing is to pay it off every month. My spending ranges from about 1,500 to 3,500 a month.
I'm more than 20 years older than you and obviously have been doing this longer. You need to be patient.
This wasn't a factor for my credit line but might make a difference: Most (all?) cards offer a facility for you to have your minimum payment/full balance debited from your checking account by them automatically on the due date. I have all my cards paid in full automatically for the convenience of it; it's great. Authorizing the bank to do this might demonstrate to them that you intend to be responsible with your debt and nudge them toward granting a higher credit limit.
Also, I should have noted that the high limits I described above were pre-crash. That $55k limit was with B of A and was later cut. I currently have about $25k available with B of A, about $26k with Amex and Chase each, still far more than I need, but it's nice to know it's there and not have to think about it when I use my card.
American Express: Blue Cash Preferred (groceries, 6%; gas, department store, 3%); Gold Delta SkyMiles (Delta Air Lines, 2 miles/dollar, free checked bag).
US Bank: Cash+ (utilities, phone, internet, restaurant, 5%; drugstores, 2%).
FIA Card Services: Fidelity Amex (everything, 2%); Fidelity Visa (everything, 1.5%).
Chase: Freedom (rotating, 5%); Amazon (Amazon.com, 3%); PriorityClub (IHG hotels, 5 points/dollar); Sapphire (not in use).
*All cards are registered with PriorityClub IDine program for 8 points/dollar at participating restaurants.