Ok I'm done with my applications
Got my Most of the cards Iwanted and ones i wanted most *ahem* amex bce denied me and kinda mixed feelings about findined out that i was denied for the better balance rewards -.-
How do i do this gardening?? Is it credit cards where i just sock drawer it or use it and pay off the statements?
and paying off to 0 balance Do i pay before the statement ends? interested gets added if i have a balance with a statement issued with me right??
1) BofA cash rewards 0% APR until July 2014 22.99% APR after
2) Capital One TBD until i receved my updated card i guess I'm assuming it'll be 19.8% APR since i'm upgraded to Quicksilverone
3) Discover IT 0% APR until end of Jan 2014 20.99% APR after
4) Chase 0 % APR for 15 billing cycles then 22.99% APR after
I'm assuming that most people will agree that i should use Discover IT card after the 0% Promo APR ends? or capital one quicksilver one?
Gardening means no apping for new cards... Just take good care of your new cards and let them age 
Forgot the most important I wanted to say...check out the garden club thread for more info
If you are PIF it shouldn't matte about the APR - but what ou are purchasing.
Gardening is letting new accts/inq's age, asking for sp CLI's etc. no new TLs.
Gardening is letting new accts/inq's age, asking for sp CLI's etc. no new TLs.
ok i kinda understood the part of no more cc apps or hard pull cli's but i was just curious
about what i do with the current cards i have do i use it and pay it off before every statments ?
and keeping 0 balance means paying it off before the statement cycle ends right??
How you use your cards is really up to you. If your cards are in the 0% period you could carry a balance if you wish ESP if you are not applying. Keep in mind, lenders sp your cr and keeping a bal may hinder your auto CLI's.
I would try and keep the util that reports under 20% and let 1 card report a balance. If yo could less that's fine too.
I would try and keep the util that reports under 20% and let 1 card report a balance. If yo could less that's fine too.
Thanks guys you are all verry helpful during my credit card education process
Although I am leaving my credit cards with balances during my promo process at a low balance so i can pay it off when needed or not excessive where i'm out of my reach to be able to pay it off I"m trying to keep every card well below 30% per each credit card but over all credit to debt ratio of less 10%
and after reading about how credit cards can close your card for inactivitiy i will have to use cap one time to tome lol
My express store card hasn't been used for 2 or close to 3 years and it's still open 
Since your in the garden you can report balances. Just watch you util tho for scoring purposes