@zsepthenne wrote:I've recently acquired a Discover, and a Barclaycard Rewards, and have my Bofa secured card. The question is, how do I show good usage on all these cards when I have a low income, 24k? Obviously I haven't had the cards long enough to where I should consider sock drawering and rotating, right? I thought of doing that with the BofA, but I'm really hoping I might be able to get it to graduate early at 9 months maybe. Also, does Walmart show up as a code of "groceries" for the rewards portion of any of these cards? How would you guys arrange it to reap maximum rewards and show good use?
Bottom line is don't use the cards for things you would not normally buy anyway. Put as much of your normal spend on your cards as possible. Assuming you have met your signup bonuses what I would do is look at which card you want to build the best history with (for example which lender is most likely to give you an auto cli or best rewards or that you want to establish a strong history with) and focus on that card (putting small expenses on the other cards). Pay all cards but one in full each month before statement cuts. Let the balance on one card report (do not carry the balance just let the statement cut) and try to keep your overall util below 10%. If you want to focus on all cards then just rotate each month which card gets the bulk of your spend, but only let balances show on one card.
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