So anyways I have some questions, But to start off I am new to credit and my first credit card, the Wells Fargo Platinum Visa was a impulse app. While i was switching banks to Wells Fargo I opened a checking/savings account with them and the banker said i was instantly approved for the CC up to a 500 cl. Bam! my first CC haha.
So now onto the questions-
- Does anyone know if Wells Fargo Platinum credit card reports to all 3 credit bureaus?
- Also a little off track but I have also been browsing the ficoforums and have noticed a lot of members having the Amex zync and or applying for it because it was the easiest charge card to get accepted by and I was wondering if i should go ahead and apply for it as well with my limited credit history of around 5-6 months. I read the review for the card on here and to be honest it doesnt sound very appealing especially for an annual fee. So I was wondering if its a good card to get to get your foot in the door for Amex and eventually upgrade cards if that's possible. If I can i would most likely get the free eco pack and keep it at an annual $25 and earn my little 1X-2X express points
- In addition for a charge card, say you are capped at $500, (even though there's no pre-set limit you get what i mean right?) and i charge say $350 on it but i pay $300 early before the statement ends and have a closing balance of $50 would it work the same as good credit utilization like a credit card? Or do you even get statements with charge cards in the first place? haha.