- Green Member
- Posts: 8
- Joined: Sun May 13, 2012 2:39 am
- Location: United States
Hey guys, Im interested in building my credit and earning cash back and rewards for money that i will spend anyway. I do already have decent credit, i own a house, and have a car note, and a small student loan ive been paying on for a few years. Im 23 with an income of around 55k, ive applied for an amex in the past (denied lol) but recently got a preapproval for the new Discover More card, which by the reviews ive read, seems to be a nice start. Im supposed to call them back in correspondence to my app tomorrow.
My Dad always had a ton, i mean a ton, of credit cards, he also had an amazing credit score, until the economy tanked and messed everything up. He had everything from Amex, Visa, Discover, Mastercard, you name it, like 15-20 cards, business and personal. While i do want to build credit quickly i want to be more responsible. I plan on paying all balances in full very billing cycle, the big thing im interested in is getting rewards and benefits for spending my own money, basically.
My current goal is something like the Amex Blue Cash Preferred card, i spend around 7k a year at gas stations (i drive alot) and the 3% there would be sweet. That probably seems tiny compared to some spending giants on here, but hey im just a youngin, lol. The supermarket rewards are nice to on the groceries.
Any advice or suggestions for where to start and ways to go about building a nice Credit history?
Thanks in advance