workingmind

9 Contributions 23 People Helped

Member Since: November 2013

Most Helpful Contribution

Blue Cash Everyday® Card from American Express

Dec 12, 2016
Great Card!
Helpful to 13 out of 13 people

Love this card! Had this for an year and use it for all my daily purchases...and Amex hasn't given me any chance of complaint. Started it with $3,000 CL and within six months they increased it to $7,500 without any hard pull! I honestly havent seen any company do that. I own cards from Discover, barclay, chase but Amex is without doubt the best! Applied for this card through a pre approved offer, so getting approved wasn't a worry.

Activity (9 Total Contributions)

Blue Cash Everyday® Card from American Express

Dec 12, 2016
Great Card!
Helpful to 13 out of 13 people

Love this card! Had this for an year and use it for all my daily purchases...and Amex hasn't given me any chance of complaint. Started it with $3,000 CL and within six months they increased it to $7,500 without any hard pull! I honestly havent seen any company do that. I own cards from Discover, barclay, chase but Amex is without doubt the best! Applied for this card through a pre approved offer, so getting approved wasn't a worry.

Chase Sapphire Preferred® Card

Jul 01, 2016
Didnt take long for Approval!
Helpful to 9 out of 11 people

Clearly this card is not for fair/poor credit. I have 745 TU and 754 EQ, 1 yr 4 mo old credit history and my utilization is only 15%. So I'd say my approval odds were good. The call didnt take long and got approved with 15K limit!

Can this move raise the length of my credit history?

Aug 08, 2016
Helpful to 1 out of 1 people

It would not be a wise move, because if you close out the card, you will lose its credit limit, which will have a negative effect on your credit card utilization as you will lose unused credit and this would lower your score. And you did waste a hard inquiry for this card, so might as well keep it - if you dont like it, avoid using it frequently.

Credit Card Inactivity during Military Training?

Aug 23, 2016

If you have some balance remaining on your card and you want to pay it off whithout you being there to monitor it then put the payment on auto pay or some recurring payment system. If you have no balance as of now, then call the company and see if they provide you with an inactivity period (which is the time after which the card issuer will close the card due to inactivity). If its more than 6 months, you'll be fine but if its less than 6 months then you'll have to let the issuer know the inactivity period.

Can you tell me how to start building good credit I just turned 18

Aug 10, 2016

Start with a secured credit card - its the best way to build credit. Almost any bank will let you have one as the risk with a secured card is negligible. The initial credit limit you will get might be low but as you pay your bills on time and improve your credit with time, you can apply for unsecured and rewards credit card with a decent limit. All the best!

Considering balance transfer, worth talking to current credit company to see what they can offer?

Aug 08, 2016

Balance transfer happens when you transfer a balance from one credit card to another credit card. Hence you need to have two credit cards to transfer balance from one card to another. Also, balance transfer is initiated by the other company, not the one that has the balance.

how can my credit score go -103 points less then month no inquires or nothing added or missed

Aug 08, 2016

On home page click on credit factors, and see which credit factor caused this drastic slide.

How do i get to good credit score from poor credit score?

Aug 08, 2016

1. Keep your credit card utilization as low as possible

2. Pay your credit card bills on time

3. Don't shop for credit, i.e. dont have too many hard inquiries

Discover it® for Students

Jul 05, 2016
Didn't increase CL even after 4 years!
Helpful to 0 out of 1 people

Was approved for this card when I was a student with $500 CL (which is a JOKE). Anyways they extended it upto $1,000 and that was it. Now I've been earning well for more than 2 years and have credit scores in 750's and Discover still cant increase my CL! I'm sure they havent even updated their database as they still send me student loan offers! I have cards from AMEX, Barclays and Chase and I have CL higher than Discover (which is my oldest card). I haven't missed a single payment but still Discover doesnt value customer relationship and I am stuck with the same $1,000 CL (after 4 years). I am gonna hardly use this card anymore.