So I promised myself I would add a review if things worked out well for me, and they did! I started with this card with virtually no credit score. I was approved for a $200 credit limit with no money down. However, I added additional money to give myself a higher limit. So I am near the six month mark and ck shows I have a score of EF 683 and TU 684. However, this was grossly off. When I was alerted I have a new FICO score from my bank, upon viewing it, my score was 747. Wow! So it took me a few days to make a decision of applying for a new card. I’m very mindful of how to use my credit after working so hard for it. I want to diversify my credit so I have to space out my credit applications. This is mostly for big purchases such as a home, car, etc... Generally, I will wait 6 months in between credit dings. So I applied for an Amex and I was approved! I’m very excited to say the least.
I accomplished this by always allowing my statement balance to close and be reported at 1% utilization rate. After my statement balance closes, the very next day I pay off that 1%. So when the due date comes around to pay off my balance. I don’t have one! Also, pay multiple times per month just to keep your bill low. Just ensure your statement balance close at anything below 10% utilization. 1% is the most optimal range.
Just wait, be patient, and vigilant and good things will come. Follow those rules and you will have amazing credit. Everything else comes with more time, higher limits, score increases = lower interest rates!