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How soon do you use your new cc?

Established Contributor

How soon do you use your new cc?

When I get a new card in, I wait a few weeks before I use it so I don't look desperate....lol But today I just got in my freedom card and am going to use it asap to earn the 100.00 cash back.

I'm just wondering who else strategically plans when to use their card the first time Smiley Happy
TU Fico 714 | Sesame 742 | Credit Karma 762 | Wal-Mart FICO 734 | EX FICO 695 (1/28/13) | EQ 740 (3-21-13)

Amex Blue Sky 7.2k | Amex BCE 13.1k | Citi Diamond Preferred 10.2k | CSP 5k | Bofa Cash 9k | Boa Travel 10k | Discover More 3k | Chase SW 5k | Wal-Mart 3.3k | Amazon 5k | Old Navy Visa 5k | Shell 1200 | BP 400 | VS 1500 | Sam's Discover 8.5k | FNBO Amex 16k | Chase Freedom 1.3k | Home Depot 5k | Brylane Homes 1600 | BML 2820

App free since 12/11/13*
25 REPLIES
Established Contributor

Re: How soon do you use your new cc?

It depends with me. Some get used asap and others within the first 30 days.

Established Contributor

Re: How soon do you use your new cc?

Well, why wait? Banks give you cards for one purpose ... using them, so they can earn some money out of the usage.

 

I use mine right away. Nevertheless maxing them out in the first few days shouldn´t be the optimal usage of course Smiley Very Happy May be take it easy until the first statement has cut and they have received the first payment from me.

Amex Platinum | Discover IT | Amex BCE | Citi DCB | Chase Sapphire Reserve | Chase Sapphire Preferred | CapOne | NFCU goRewards and CLOC | Chase Freedom | Walmart | Alliant CU Visa | Couple of Biz Cards | Gone for good: CapOne secured (thx for getting me started) | Amex Zync (thx for getting me into AX)

FICO (TU/EX/EQ): 737/772/752 - Total CL 215+K

Valued Contributor

Re: How soon do you use your new cc?

Yesterday I applied for the Chase Disney visa, got approved, picked it up and used it for dinner! Smiley Very Happy
But I usually use a new card within one week of activation for one or two transactions.

Starting Score: EQ 717 EX 724 TU 736
Current Score: EQ 832 EX 783 TU 816
App free since 9/15/15
Moderator Emeritus

Re: How soon do you use your new cc?

I use it within the first week... I used chase card before I got it in the mail.

Starting Score: 08/29/2011 TU 671 EQ 674
Current Score: TU 754 EQ 694 EX 697
Wallet: NFCU Visa Sig 25k, Amex Lowes 22k, NavCheck 15k, Amex PRG, Amex Zync, Discover It 13.5k, Amazon Visa 5k
Platinum Spade Garden Club Member: App Free since 1/1/13. No more apps til who knows when?
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Established Contributor

Re: How soon do you use your new cc?

before I can even peel the activation sticker off LOL

seriously sad thing is amex visa mastercard (haven't tried discover) but they all work before calling in to "activate" the card fun right? =)

 

i'm debating on never "activating" the next card I get so if I get behind on payments I can argue the card was never activated lol jk


total credit limits $108,400 Credit scores Ex 728 EQ 738 TU 758
Valued Contributor

Re: How soon do you use your new cc?

I always use the card immediately.  I wait to apply, then I wait for it in the mail, so by the time it gets to me I can't wait any longer to get those rewards.


In My Wallet: Amex BCP (12/12) $50,000, Chase Freedom (12/12) $16,500, Cap1 Quicksilver (6/12) $14,000, Barclaycard Rewards (5/13) $10,500, Citi Prestige (4/16) $30,000

Last App: June 27, 2015
Valued Contributor

Re: How soon do you use your new cc?

For me it really varies. In some cases I'll use it within 1-2 days of receiving it, and in other cases it'll be 2-3 months before I start using the card.

EX 798, EQ 789, TU 784
American Express Platinum (NPSL) || Bank of America Privileges with Travel Rewards Visa Signature - $23,200 CL
Barclays American Airlines Aviator Red World Elite Mastercard - $20,000 CL || Chase IHG Rewards World Mastercard - $25,000 CL
Chase Sapphire Preferred Visa Signature - $12,700 CL || Chase United MileagePlus Club World Elite MasterCard - $26,500 CL
Citibank Hilton Reserve Visa Signature - $20,000 CL || J.P. Morgan Ritz Carlton Visa Signature - $23,500 CL
Valued Contributor

Re: How soon do you use your new cc?

for me its usually sometime in the first week

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Established Contributor

Re: How soon do you use your new cc?

I'd use it whenever I need to and not a moment sooner/later.  No planning or scheming with me.  CC are meant to be used (when needed).