Cards for limited history

runaway6 · ‎07-14-2013

I was hoping to get recommendations on a good card choice for someone with a limited history. The rub is the card I have is pretty good (Navy Signature Visa), so I don't want to drag my score down by adding a subprime type card, but would like to have another card, just to build history. Navy card is 9 months old if that matters.

myjourney · ‎07-14-2013

@runaway6 wrote:
I was hoping to get recommendations on a good card choice for someone with a limited history. The rub is the card I have is pretty good (Navy Signature Visa), so I don't want to drag my score down by adding a subprime type card, but would like to have another card, just to build history. Navy card is 9 months old if that matters.

Welcome to the forum

In order to help you better do you mind sharing your credit profile?

Any baddies, AAoA, INQ"s other cards, etc etc

Before you app think...
Have you done your research of the CC?
Does it fit your spending?
Do you have a plan for the bonus w/o going into debt?
Can you afford the AF?
Do you know the cards benefits? Is it worth the HP?

runaway6 · ‎07-14-2013

Nothing bad, just not much of anything period, you know? My only credit acct is with Navy Fed and it is 9 months old. A mortgage that is 5 years old (if that counts towards average age of accounts). On time payments. No inquiries, other than whatever Navy used when opening the account, was wanting to hold off until I had a good idea what direction I should go. Thanks!

thecentury303 · ‎07-14-2013

Are you student? If so, my credit cards journey might be helpful to you.

Capital One Cash Rewards for New Comer: $1,500 (09/12), Local Credit Union: $1,500 (10/12), Chase Freedom: $1,500 (04/13), Discover IT: $2,100 (04/13), AMEX Gold Charge Card: NPSL (06/13), AMEX BCE: $6,000 (06/13), Chase United Explorer: $6,000 (10/13), Chase Ink Cash: $3,000 (10/13), Barclays Arrival Platinum: $3,000 (10/13), US Bank Flexperk Travel Rewards: $5,000 (01/14), Capital One Venture: $5,000 (01/14), Citi AA World MC: $6,500 (01/14),Citi AA Executive World Elite MC: $5,000 (01/14)

BearsAndTurtlesRtheBest · ‎07-14-2013

I'm assuming your scores are in good shape right, Also what type of cards are you interested in? Rewards, Travel, Casback? Any specific bank that has your interest?

Discover IT $2,600- First Premier MasterCard $1,000- Dillards Store Card $300- Fingerhut Advantage $200
Chapter 7 BK Dischagred on 07/11/16. Gardening Since 01/17/2019

runaway6 · ‎07-14-2013

I'm not a student, and not really picky about rewards. The Navy card is cash rewards, and has a 12,000 limit, so I don't really have a pressing need for another card. I know that most cc companies aren't as generous as Navy, however, so I want to do what is best to establish good credit now, which, I think, besides making on time payments, and keeping my utilization low, would be getting one (or two) additional cards. Thanks.

myjourney · ‎07-14-2013

@runaway6 wrote:
I'm not a student, and not really picky about rewards. The Navy card is cash rewards, and has a 12,000 limit, so I don't really have a pressing need for another card. I know that most cc companies aren't as generous as Navy, however, so I want to do what is best to establish good credit now, which, I think, besides making on time payments, and keeping my utilization low, would be getting one (or two) additional cards. Thanks.

Imho

I think you could apply with any of the top lenders and have good results based on what you have told us

Before you app think...
Have you done your research of the CC?
Does it fit your spending?
Do you have a plan for the bonus w/o going into debt?
Can you afford the AF?
Do you know the cards benefits? Is it worth the HP?