topic Re: I need a recommendation on an everyday credit card... in Credit Cards

I need a recommendation on an everyday credit card...

Anonymous — Sat, 09 Aug 2014 23:02:40 GMT

Hey guys, So here is the deal.. My credit score was in the 700's for quite some time. I haven't checked it in a few years, and I just checked it to find out that my score had dropped.... I had some CCs that I never used ( had them with a balance when I was younger, and then never did anything with them ) any longer and they were on my Report. Then I checked today, and it seems that the companies had now closed my accounts ( dormant too long? ). I had the mindset that CCs were the devil and that if I couldn't pay cash for it, I didnt buy it. Thats why I never had CCs. But I see now that its hurting me immensely. What I want to do it build my damn score up to where it should be. I feel that I did "good" all my life by not buying things I couldnt afford, not extending into the "credit" realm etc. I bring in good money so thats not an issue, its just I didnt want the plastic in my life. I need a card to use purely for random purchases and fuel. I would pay it off monthly as well. Can someone give me recommendations on which card to get?

Re: I need a recommendation on an everyday credit card...

mongstradamus — Sat, 09 Aug 2014 23:06:22 GMT

@Anonymous wrote:
Hey guys, So here is the deal.. My credit score was in the 700's for quite some time. I haven't checked it in a few years, and I just checked it to find out that my score had dropped.... I had some CCs that I never used ( had them with a balance when I was younger, and then never did anything with them ) any longer and they were on my Report. Then I checked today, and it seems that the companies had now closed my accounts ( dormant too long? ). I had the mindset that CCs were the devil and that if I couldn't pay cash for it, I didnt buy it. Thats why I never had CCs. But I see now that its hurting me immensely. What I want to do it build my damn score up to where it should be. I feel that I did "good" all my life by not buying things I couldnt afford, not extending into the "credit" realm etc. I bring in good money so thats not an issue, its just I didnt want the plastic in my life. I need a card to use purely for random purchases and fuel. I would pay it off monthly as well. Can someone give me recommendations on which card to get?

i don't know what your definition of random purchaes are we talking groceries than maybe sallie mae card is up your alley. Its 5% cash back on gas and groceries with 250 month cap each . and 750 cap for bookstore, which includes amazon.

Re: I need a recommendation on an everyday credit card...

Closingracer99 — Sat, 09 Aug 2014 23:10:00 GMT

@mongstradamus wrote:
@Anonymous wrote:
Hey guys, So here is the deal.. My credit score was in the 700's for quite some time. I haven't checked it in a few years, and I just checked it to find out that my score had dropped.... I had some CCs that I never used ( had them with a balance when I was younger, and then never did anything with them ) any longer and they were on my Report. Then I checked today, and it seems that the companies had now closed my accounts ( dormant too long? ). I had the mindset that CCs were the devil and that if I couldn't pay cash for it, I didnt buy it. Thats why I never had CCs. But I see now that its hurting me immensely. What I want to do it build my damn score up to where it should be. I feel that I did "good" all my life by not buying things I couldnt afford, not extending into the "credit" realm etc. I bring in good money so thats not an issue, its just I didnt want the plastic in my life. I need a card to use purely for random purchases and fuel. I would pay it off monthly as well. Can someone give me recommendations on which card to get?
i don't know what your definition of random purchaes are we talking groceries than maybe sallie mae card is up your alley. Its 5% cash back on gas and groceries with 250 month cap each . and 750 cap for bookstore, which includes amazon.

Eh the Amex Everyday Card is better for "Random" purchases with 20 transactions 20% more MR

Re: I need a recommendation on an everyday credit card...

elim — Sat, 09 Aug 2014 23:22:01 GMT

what are your scores now? do you have any installment loans on your reports now? any late payments or public records?

Re: I need a recommendation on an everyday credit card...

Anonymous — Sat, 09 Aug 2014 23:28:23 GMT

Thanks guys. With that being said, lets keep it on fuel purchases only.. My score ( hard to believe was over 750 ) NOW its 688.... I have NEVER had a late EVER, and the only line of credit I have now is a Care Credit ( I used twice on my dog's knee operations ) and Wells Fargo Vehicle loan. Total cost of the loan was over 30k, and now its 14xxx. Again never NO lates ever ever.

So what is a good card for fuel purchases mainly?

Thanks !!

Re: I need a recommendation on an everyday credit card...

Ashhh1991 — Sat, 09 Aug 2014 23:37:23 GMT

@Anonymous wrote:
Thanks guys. With that being said, lets keep it on fuel purchases only.. My score ( hard to believe was over 750 ) NOW its 688.... I have NEVER had a late EVER, and the only line of credit I have now is a Care Credit ( I used twice on my dog's knee operations ) and Wells Fargo Vehicle loan. Total cost of the loan was over 30k, and now its 14xxx. Again never NO lates ever ever.

So what is a good card for fuel purchases mainly?

Thanks !!

Sallie Mae gives 5% back on fuel (for up to $250 in purchases). I'd highly recommend it if you spend less than $250 on fuel.

BoA Cash Rewards is another option, that gives 3% back on fuel for up to $1500 each quarter.

Re: I need a recommendation on an everyday credit card...

Closingracer99 — Sat, 09 Aug 2014 23:39:54 GMT

@Ashhh1991 wrote:
@Anonymous wrote:
Thanks guys. With that being said, lets keep it on fuel purchases only.. My score ( hard to believe was over 750 ) NOW its 688.... I have NEVER had a late EVER, and the only line of credit I have now is a Care Credit ( I used twice on my dog's knee operations ) and Wells Fargo Vehicle loan. Total cost of the loan was over 30k, and now its 14xxx. Again never NO lates ever ever.

So what is a good card for fuel purchases mainly?

Thanks !!
Sallie Mae gives 5% back on fuel (for up to $250 in purchases). I'd highly recommend it if you spend less than $250 on fuel.

BoA Cash Rewards is another option, that gives 3% back on fuel for up to $1500 each quarter.

isn't the BCE unlimited 2% CB on fuel ?

Re: I need a recommendation on an everyday credit card...

Anonymous — Sat, 09 Aug 2014 23:44:50 GMT

I think that the Sallie Mae CC will be my best bet! I spend about 75 each week in fuel. Maybe a bit more.

Would it still be worth it, even though Im going over the $250 limit?

Re: I need a recommendation on an everyday credit card...

mongstradamus — Sat, 09 Aug 2014 23:46:41 GMT

@Anonymous wrote:
I think that the Sallie Mae CC will be my best bet! I spend about 75 each week in fuel. Maybe a bit more.

Would it still be worth it, even though Im going over the $250 limit?

I think it would be 5% is better no % lol . for where I live 5% is like twenty cents off per gallon

Re: I need a recommendation on an everyday credit card...

Anonymous — Sun, 10 Aug 2014 00:05:11 GMT

@Anonymous wrote:
I think that the Sallie Mae CC will be my best bet! I spend about 75 each week in fuel. Maybe a bit more.

Would it still be worth it, even though Im going over the $250 limit?

Yes, you still get 1% on the amount over $250 per month, so the Sallie Mae is a good choice for your spend.

The best year round cash back fuel cards include Penfed Platinum Cash and Fort Knox, which both give 5%, but both are harder to get than many cards (Penfed being very conservative in particular)

Re: I need a recommendation on an everyday credit card...

ezdoesit — Sun, 10 Aug 2014 00:12:59 GMT

@Anonymous wrote:
@Anonymous wrote:
I think that the Sallie Mae CC will be my best bet! I spend about 75 each week in fuel. Maybe a bit more.

Would it still be worth it, even though Im going over the $250 limit?
Yes, you still get 1% on the amount over $250 per month, so the Sallie Mae is a good choice for your spend.

The best year round cash back fuel cards include Penfed Platinum Cash and Fort Knox, which both give 5%, but both are harder to get than many cards (Penfed being very conservative in particular)

You can always get 2 Sallie Mae's I think you have to wait 6 months between apps. That way you you can spend up to $500 a month and get the 5% back. Also the Sallie Mae Uppromise is a card that a lot people on here like.

Also the Sallie is 5% on groceries I am sure you buy groceries also.

Re: I need a recommendation on an everyday credit card...

irrational — Sun, 10 Aug 2014 00:36:11 GMT

The love for the Sallie Mae card around here is crazy. You guys are in love with that thing, lol.

My 2-cents, for "everyday" purchases you're better off with Amex. The extended warranty, and their consumer protection are top notch. Hard to best that.

With the OP's score, he might be able to get his foot in the door with one of their charge cards (Green or PRG would be my recommendation). After 12 months, I'd app for the BCP and Chase Freedom, and close the Amex charge card before the first AF. With the combo of BCP plus Freedom, the OP would have ~4% CB on gas (3% half of the year with BCP, and 5% half the year on Freedom), plus 6% back on groceries, 3% back at department stores! And for a rotating quarter of the year he'd have 5% back at Amazon, Lowe's and eating out!

Just my 2-cents on what I've found has worked for me.

Re: I need a recommendation on an everyday credit card...

ezdoesit — Sun, 10 Aug 2014 00:56:26 GMT

@irrational wrote:
The love for the Sallie Mae card around here is crazy. You guys are in love with that thing, lol.

My 2-cents, for "everyday" purchases you're better off with Amex. The extended warranty, and their consumer protection are top notch. Hard to best that.

With the OP's score, he might be able to get his foot in the door with one of their charge cards (Green or PRG would be my recommendation). After 12 months, I'd app for the BCP and Chase Freedom, and close the Amex charge card before the first AF. With the combo of BCP plus Freedom, the OP would have ~4% CB on gas (3% half of the year with BCP, and 5% half the year on Freedom), plus 6% back on groceries, 3% back at department stores! And for a rotating quarter of the year he'. d have 5% back at Amazon, Lowe's and eating out!

Just my 2-cents on what I've found has worked for me.

I don't have the Sallie Mae nor would I get one I do think a little like you do I would rather have a two to three card combo than try and juggle 8 cards. I like to keep it simple,

I do understand why people recommended the Sallie Mae including myself is the OP stated he would put primarily gas on the card. I think differently I would rather put everything I can on my CC why not get rewards for things I am going to normally buy since I pay it off when the statement cuts anyway. Rarely do I carry a balance if I do it would only be for a cycle or two.

Re: I need a recommendation on an everyday credit card...

Anonymous — Sun, 10 Aug 2014 01:17:24 GMT

@irrational wrote:
The love for the Sallie Mae card around here is crazy. You guys are in love with that thing, lol.

My 2-cents, for "everyday" purchases you're better off with Amex. The extended warranty, and their consumer protection are top notch. Hard to best that.

With the OP's score, he might be able to get his foot in the door with one of their charge cards (Green or PRG would be my recommendation). After 12 months, I'd app for the BCP and Chase Freedom, and close the Amex charge card before the first AF. With the combo of BCP plus Freedom, the OP would have ~4% CB on gas (3% half of the year with BCP, and 5% half the year on Freedom), plus 6% back on groceries, 3% back at department stores! And for a rotating quarter of the year he'd have 5% back at Amazon, Lowe's and eating out!

Just my 2-cents on what I've found has worked for me.

Depends on what you mean by "everyday". It sounds like you mean "all sorts of purchases" whereas Sallie Mae lovers, Citi and Amex tend to mean groceries, gas (and drug stores). So for gas and groceries, extended warranty really doesn't apply much (and consumer protection also). There are price points where BCP is better than SM, but really not many.

On its own, SM provides year round amazon and bookstore coverage, the Freedom can equally be added to it to get Lowe's and dining coverage.

The love for Sallie Mae really is grounded in reality. It is a no Fee card that covers three widely used categories at 5%. The caps are fairly low, but are fine for many.

Re: I need a recommendation on an everyday credit card...

Closingracer99 — Sun, 10 Aug 2014 01:32:18 GMT

@Anonymous wrote:
@irrational wrote:
The love for the Sallie Mae card around here is crazy. You guys are in love with that thing, lol.

My 2-cents, for "everyday" purchases you're better off with Amex. The extended warranty, and their consumer protection are top notch. Hard to best that.

With the OP's score, he might be able to get his foot in the door with one of their charge cards (Green or PRG would be my recommendation). After 12 months, I'd app for the BCP and Chase Freedom, and close the Amex charge card before the first AF. With the combo of BCP plus Freedom, the OP would have ~4% CB on gas (3% half of the year with BCP, and 5% half the year on Freedom), plus 6% back on groceries, 3% back at department stores! And for a rotating quarter of the year he'd have 5% back at Amazon, Lowe's and eating out!

Just my 2-cents on what I've found has worked for me.
Depends on what you mean by "everyday". It sounds like you mean "all sorts of purchases" whereas Sallie Mae lovers, Citi and Amex tend to mean groceries, gas (and drug stores). So for gas and groceries, extended warranty really doesn't apply much (and consumer protection also). There are price points where BCP is better than SM, but really not many.

On its own, SM provides year round amazon and bookstore coverage, the Freedom can equally be added to it to get Lowe's and dining coverage.

The love for Sallie Mae really is grounded in reality. It is a no Fee card that covers three widely used categories at 5%. The caps are fairly low, but are fine for many.

I Don't like the SM card They also hate me lol. Darn Barclay's sensitivity to inq's lol

Re: I need a recommendation on an everyday credit card...

Anonymous — Sun, 10 Aug 2014 01:38:12 GMT

@Closingracer99 wrote:
@Anonymous wrote:
@irrational wrote:
The love for the Sallie Mae card around here is crazy. You guys are in love with that thing, lol.

My 2-cents, for "everyday" purchases you're better off with Amex. The extended warranty, and their consumer protection are top notch. Hard to best that.

With the OP's score, he might be able to get his foot in the door with one of their charge cards (Green or PRG would be my recommendation). After 12 months, I'd app for the BCP and Chase Freedom, and close the Amex charge card before the first AF. With the combo of BCP plus Freedom, the OP would have ~4% CB on gas (3% half of the year with BCP, and 5% half the year on Freedom), plus 6% back on groceries, 3% back at department stores! And for a rotating quarter of the year he'd have 5% back at Amazon, Lowe's and eating out!

Just my 2-cents on what I've found has worked for me.
Depends on what you mean by "everyday". It sounds like you mean "all sorts of purchases" whereas Sallie Mae lovers, Citi and Amex tend to mean groceries, gas (and drug stores). So for gas and groceries, extended warranty really doesn't apply much (and consumer protection also). There are price points where BCP is better than SM, but really not many.

On its own, SM provides year round amazon and bookstore coverage, the Freedom can equally be added to it to get Lowe's and dining coverage.

The love for Sallie Mae really is grounded in reality. It is a no Fee card that covers three widely used categories at 5%. The caps are fairly low, but are fine for many.
I Don't like the SM card They also hate me lol. Darn Barclay's sensitivity to inq's lol

Sounds like you were apping for cards from an issuer other than Barclays. No wonder they took offense!

But if you really want one at some stage, gardening should fix the inq problem.

Re: I need a recommendation on an everyday credit card...

Anonymous — Sun, 10 Aug 2014 01:38:49 GMT

Damn haha. I dont know which card to go with. I would be putting about 300 a month using fuel only on the card. Would a fuel only card be worth it?

Or should I take the other users advice and get a card that does less % back and goes more for everything? I could always use it for gorcerys etc etc....

I know, Im running your guys crazy by now Im sure. There is just too many options, hence me coming here and posting on which way to go...

Re: I need a recommendation on an everyday credit card...

Closingracer99 — Sun, 10 Aug 2014 01:40:25 GMT

@Anonymous wrote:
@Closingracer99 wrote:
@Anonymous wrote:
@irrational wrote:
The love for the Sallie Mae card around here is crazy. You guys are in love with that thing, lol.

My 2-cents, for "everyday" purchases you're better off with Amex. The extended warranty, and their consumer protection are top notch. Hard to best that.

With the OP's score, he might be able to get his foot in the door with one of their charge cards (Green or PRG would be my recommendation). After 12 months, I'd app for the BCP and Chase Freedom, and close the Amex charge card before the first AF. With the combo of BCP plus Freedom, the OP would have ~4% CB on gas (3% half of the year with BCP, and 5% half the year on Freedom), plus 6% back on groceries, 3% back at department stores! And for a rotating quarter of the year he'd have 5% back at Amazon, Lowe's and eating out!

Just my 2-cents on what I've found has worked for me.
Depends on what you mean by "everyday". It sounds like you mean "all sorts of purchases" whereas Sallie Mae lovers, Citi and Amex tend to mean groceries, gas (and drug stores). So for gas and groceries, extended warranty really doesn't apply much (and consumer protection also). There are price points where BCP is better than SM, but really not many.

On its own, SM provides year round amazon and bookstore coverage, the Freedom can equally be added to it to get Lowe's and dining coverage.

The love for Sallie Mae really is grounded in reality. It is a no Fee card that covers three widely used categories at 5%. The caps are fairly low, but are fine for many.
I Don't like the SM card They also hate me lol. Darn Barclay's sensitivity to inq's lol
Sounds like you were apping for cards from an issuer other than Barclays. No wonder they took offense!

But if you really want one at some stage, gardening should fix the inq problem.

Oh I know Just poking at my own expense

Re: I need a recommendation on an everyday credit card...

Themanwhocan — Sun, 10 Aug 2014 01:43:51 GMT

For Grocery and/or Gas purchase, its hard to beat a Sallie Mae for low spending in those categories. And you can apply for another after a few months, so that solves most spending patterns. The Bookstore category giving you 5% on amazon.com purchases is just icing on the cake.

Re: I need a recommendation on an everyday credit card...

Closingracer99 — Sun, 10 Aug 2014 01:48:14 GMT

@Anonymous wrote:
Damn haha. I dont know which card to go with. I would be putting about 300 a month using fuel only on the card. Would a fuel only card be worth it?

Or should I take the other users advice and get a card that does less % back and goes more for everything? I could always use it for gorcerys etc etc....

I know, Im running your guys crazy by now Im sure. There is just too many options, hence me coming here and posting on which way to go...

If you want to do $300 Gas only then actually the SM card would be better since you will earn $13 dollars in CB a month $12.50 for the first $250 you spend and then $0.50 for the rest of the $300 which would be $50.