Help! Just getting started...

All about maximizing your rewards!
Members share tips and tricks for getting the most miles, & points.
2 posts
Posts: 1
Joined: Fri Sep 28, 2012 3:50 pm
Location: Tampa Florida

Help! Just getting started...

Postby princesamariposa » Fri Sep 28, 2012 4:15 pm

I was hoping to get some advice here, as I am just starting off my career and want to develop some good financial habits. I have a history of being a bit of an overspender with regards to credit cards (like many females, I have a touch of a shopping problem on occasion), but spent the last six months focused on eliminating my debt and knocked out 15k in credit card debt.

I am a young physician just out of residency and have over 200k in student loans, but otherwise have a clean slate with no other major debt. My credit score is 772. I have several old credit cards, including a chase freedom card, which apparently has a rewards program, which seems pretty decent as I have only recently looked into it. I am looking for an additional card that has excellent benefits and was hoping you could give me some ideas.

I usually pay off my balances each month, a charge card could be an option. I would love the airline club access and free checked bag option (I travel 4-5 times per year). Otherwise, shopping as you know and cash back would be nice perks. My main concern is regarding the annual fees. I have never paid an annual fee for a credit card in the past and was shocked at the annual fees that amex website showed. Is it worth it? Thoughts?

Also, do you think I will have trouble getting approved for one of the 'better' cards, as my credit only recently improved from low 700s to 772 within the last 6 months?


Centurion Member
Centurion Member
Posts: 494
Joined: Wed Aug 01, 2012 12:04 am
Location: Hawaii

Postby jlam572 » Fri Sep 28, 2012 9:20 pm

Welcome to the site. Im very pro-amex as everyone on this site knows...if youre a big shopper, travel often and like perks I would go for the amex platinum. Charge card so you pay off every month (keeps me within my limits), good rewards program, concierge, companion ticket international program, special shopping invites at neiman marcus, 200 dollar airline fee waiver, airport lounge access, etc. I have the amex preferred rewards gold, spend between 3-4k a month with it, and the benefits will far outweigh the annual fee. Now that you are an attending, you might find the concierge handy, and even like the centurion if you start your own practice. Good luck to you
American Express Platinum
Chase Sapphire Preferred
Hawaiian Airlines BOH MC
Capital One Visa Platinum
Citi Diamond Preferred MC

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