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How does everyone use their cards?

Valued Contributor

How does everyone use their cards?

I tend to use my cards to gain rewards and goodies, then pay them off in full or under 25% util every month.

 

Recently, I have had many friends who have had their limits reduced or acounts closed due to non usage. I can understand the creditors not wanting to leave a consumer with that option. The logic of it makes sense to me.

 

In any case, how does everyone use their cards? Gad, food, dining, online purchasing, goodies? I personally have different cards allocated for use towards different types of purchases depending on which cards get the best rewards.

Try not to become a man of success but rather to become a man of value
Albert Einstein 1879 - 1955

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5 REPLIES
Valued Contributor

Re: How does everyone use their cards?


ngerasimatos wrote:

I tend to use my cards to gain rewards and goodies, then pay them off in full or under 25% util every month.

 

Recently, I have had many friends who have had their limits reduced or acounts closed due to non usage. I can understand the creditors not wanting to leave a consumer with that option. The logic of it makes sense to me.

 

In any case, how does everyone use their cards? Gad, food, dining, online purchasing, goodies? I personally have different cards allocated for use towards different types of purchases depending on which cards get the best rewards.


So do I ... me too !!   Smiley Very Happy  

I uses my ccs for everything except at cash only stores and PIF by due date or before closing date, then I only have three ccs balance get reported.   Therefore, I only carry very small amount of cash in my wallet.

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It's very tough with small income ~ The Rewards are big little helper to me.
Senior Contributor

Re: How does everyone use their cards?

i use them any way i want.  i'm not a slave to my cards Smiley Tongue

Latest scores: Walmart TU: 769. MyFICO TU: 769. DCU EQ: 755. MyFICO EQ: 780. PSECU EX: 756. MyFICO EX: 780.
Valued Contributor

Re: How does everyone use their cards?


laz98 wrote:

i use them any way i want.  i'm not a slave to my cards Smiley Tongue


Best Answer of the Day!!

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It's very tough with small income ~ The Rewards are big little helper to me.
Senior Contributor

Re: How does everyone use their cards?

I run them up to the 95%.    Pay minimum after statement cuts (for safety).   Pay full balance by due date ( Rarely if ever pay interest).   Sometimes pay early to clear credit for more charges.  

 

I think credit should work for me.

 

IMO.   Rebuilding or building is about showing as much credit use as possible without mistakes.        

 

 

Established Member

Re: How does everyone use their cards?

I use them to maximize my FICO score and get as many rewards points as I can. Our NFCU rewards pay for Christmas every year.