so I'm 23 years old (turning 24 in May) and have been working hard on getting an excellent score (for when it comes to wanting to get a mortgage, I know I will save a ton of money this way). I haven't had the need for an auto loan or student loan so far, so unfortunately I only have 2 credit cards with great history (as far as utilization and payments on time go).
1. Wells Fargo CC CashBack 1% card, I had it for 1 year 10 months.
--I just had a credit increase from $1300 to $2000 based on their automatic counter offer for credit increase. I did it so that I keep my utilization under 30%.
2. AMEX Blue Cash EveryDay (1% cashback, 2% gas, 3% groceries).
-- they just offered me an automatic increase to 8k from 5k, and gave me an automatic increase from 3k to 4k
I basically use my AMEX wherever I can and if they don't take AMEX I use my WF card. Then I pay the balances accordingly to my current situation and definitely to always stay under 30% utilization.
On my AMEX my 0% will expire in a month, so I am thinking of getting another card (because two is apparently a low amount of credit accounts and is pulling my score lower because of that). Any tips on what to apply for? I am thinking of something that will again give me at least a year of 0% APR so I can comfortably carry the <30% utilization.
I don't travel much, I like cashback and honestly if I didn't have to I wouldn't even get another CC, but considering my current situation and wanting to work on a great score (for the future like I said, when I'll need a mortgage or auto-loan) I feel like now is the time to get another one.
1. If anybody has any suggestions on what to do in my situation, I would highly appreciate the input
2. does it make sense to sell my car (that I paid for in cash) and rather get one through an auto-loan? or should I rather keep this car and not worry about the auto loan for some time. My car is worth about $5k now.here is my CreditKarma screenshot: