- Green Member
- Posts: 12
- Joined: Tue Apr 21, 2015 5:56 pm
- Location: Michigan
I would like to add a credit card that has travel rewards to the Discover it students card I have, but I am not sure which card would be best for me. As you can tell by my one lonely card, I am pretty new to credit cards and I don't have a large credit history. I'm 26 years old and my oldest credit is a car loan I have had for three years which I have always paid on time and will be paid off in three months (ahead of the 6 year life of the loan). My next oldest credit is my student loan which I started in Fall of 2014 and I'm currently still racking up and not making payments on. My newest is the Discover card that I got a year and four months ago. I pay off my Discover card at the end of every month so I never have to pay interest. My FICO score according to Discover is 788.
I would like help picking the card that is best for my spending habits.
I am a college student and only work part time. I know I don't want to charge more than I can pay in a month on my card. The most I ever put on my Discover card in one month has been $782, but Discover says my average monthly spending for the card has been $186, and I've spent a total of $2,970 since I've opened the card.
I don't put everything on my Discover card. I tend to use my debit card from my credit union for a lot of my everyday purchases, and the Discover card for online purchases. According to my credit union I have spent an average of $1,020 a month in the last three months (June-August) on my debit card. So between the $1,020 on my debit card and the $193 on my Discover card, I've spent an average of 1,213 a month in the last three months. I should note that this will not keep up when I go back to school in September as I won't be working as many hours during the school year as I did in the summer. As of now I don't really travel, but I'm hoping with this card and the points, I can change that. I am toying with the idea of doing a study abroad to France next year, and a friend of mine would like me to fly to California to see them, so traveling is not out of the question.
I hope that gives you guys an idea of my habits.
I've looked at the Chase Sapphire Rewards card but there is no way I would spend $4,000 in 3 months to get the 50,000 bonus points and I've read on here that card is better for heavy spenders (which I don't think I am).
I also looked at the Capital One Venture/VentureOne Rewards Card, but I've read of several people having trouble with customer service and redeeming their points so that has kind of scared my away from that one.
I would like to be able to have a card with points I could use to fly Air Canada. I live in south east Michigan, and a flight to France from Detroit Metro is around $1398 whereas flying from Windsor which is right next door in Canada would be $692, so I definitely want to fly out of Canada instead of the U.S. if I do an international trip.
I realize I probably don't spend as much as many of these cards would like, and getting enough points to make a difference will take a long time, but I would like your opinions on what card you think will give me the most bang for my buck.
Discover IT for Students: $2,000