To narrow down your search. What interest you for the community? Cash back, travel,ect. I have the BCP. I'm loving it.
@SSH0126 wrote:Hello,
Know nothing about Amex. What is the best card to shoot for?
751 EXPERIAN
750 EQUIFAX
747 TRANSUNION
It depends on what you would like to have, and what kind of spend you would usually have. They have a variety of travel cards, and some cash back cards as well.
@SSH0126 wrote:Probably the cash back. I was trying to find info on how it works and went down a rabbit hole. I've found that the payment is different than traditional credit cards, there is no limit but there is a limit..very confusing..
No that's the charge cards you're talking about.
But Amex has plenty of regular revolving credit cards, which do have clear credit limits.
The personal cash back cards are:
-Blue Cash Everyday
-Blue Cash Preferred
-Cash Magnet
@SSH0126 wrote:Oh boy! Something else added lol! I see what you mean. So these have preset credit limits. I heard that Amex will reduce your credit limit with heavy usuage. Is that true?
Nope. I have a BCP. Started 1000. Used it like crazy. Auto CLI. But I'm a BK'er and that wasnt suppose to happen. Next day I asked for a CLI. In 24 hrs. 1000 to 9500.
@SSH0126 wrote:Oh boy! Something else added lol! I see what you mean. So these have preset credit limits. I heard that Amex will reduce your credit limit with heavy usuage. Is that true?
No that's not true. I don't know where you heard that from but that's baloney.
@SSH0126 wrote:Is it ok to carry a balance or should it really be paid off in full? Considered the Blue Cash preferred because it has 0% apr for 12 months plus various ways to earn cash back.
It's better to pay off in full every month.