- Gold Member
- Posts: 33
- Joined: Tue Jun 12, 2012 2:15 am
- Location: Rock Hill, SC
I have my 1st CC, it's a CapitalOne cash rewards, $500 limit. I understand my credit score will generate after 6 months if I have no prior history. It's almost been 3.
My question is where to go from there? I read and re-read that CLI will hardly happen. I am most interested in travel cards, I don't care for the cash rewards. I go to Europe at least once a year + need the no fees when used abroad feature. I am forced to buy tickets through by debit due to low line credit. I don't need $10K or anything of that sort, $3K-$5K should be enough.
My ideal is by 2013 to have such a card if possible. I am 23, married, full-time employed, have no loans or mortgages, have cash, have checking account (Bank of the West).
The 2 cards I looked into most were CapitalOne VentureOne and Expedia Citi. I got declined for both, naturally due to no credit history and after that I got the basic card I have. As I read elsewhere, I too, have to pay off my balance every few days, simple because $500 isn't enough.
On another forum they recommended me getting a 2nd basic card after the first 6 months and after 1 year since beginning try for a higher card. I want to do this sooner, by beginning of 2013 hopefully. I have the money to pay off the cards, I just need the actual card (don't want to do secured).
Suggestions how I should tackle this credit score mystery and what cards to get next?