First Credit Card

VanillaThunder · ‎02-18-2014

Hello everyone, I'm new to the world of credit and am seeking some advice. I was approved for a capital one journey student card, and am ready to start building credit. I just turned 18, I got approved for a $300 limit. I will always pay in full, but I was wondering how much a month should I charge on the card? Thanks!

myjourney · ‎02-18-2014

Welcome to the forum

Charge as much as you like but make multiple payments a month if you have to...

Just make sure that when the statement cut each month you show a balance of 1-9% then pay it off

Before you app think...
Have you done your research of the CC?
Does it fit your spending?
Do you have a plan for the bonus w/o going into debt?
Can you afford the AF?
Do you know the cards benefits? Is it worth the HP?

VanillaThunder · ‎02-18-2014

I've read the 1-9%, will I be told the statement cutoff date?

myjourney · ‎02-18-2014

@VanillaThunder wrote:
I've read the 1-9%, will I be told the statement cutoff date?

Log into your account and see what your statement cute date is or call

Before you app think...
Have you done your research of the CC?
Does it fit your spending?
Do you have a plan for the bonus w/o going into debt?
Can you afford the AF?
Do you know the cards benefits? Is it worth the HP?

H4LO · ‎02-18-2014

@VanillaThunder wrote:
Hello everyone, I'm new to the world of credit and am seeking some advice. I was approved for a capital one journey student card, and am ready to start building credit. I just turned 18, I got approved for a $300 limit. I will always pay in full, but I was wondering how much a month should I charge on the card? Thanks!

Congrats! But please be careful.

Credit can be very bad if you get out of control.

Money manage wisely!

Total CL - 60K // Util. ~1.6%

772 TU - 6/5 ///// 705 EX - 5/5 ///// 664 EQ - 4/29

yudeology101 · ‎02-18-2014

@myjourney wrote:
Welcome to the forum

Charge as much as you like but make multiple payments a month if you have to...
Just make sure that when the statement cut each month you show a balance of 1-9% then pay it off

+1 it's a great card, i kinda miss it alot.

JPM Ritz Carlton $8k I UMP Club $8k I CSP $8k | Chase Hyatt $5k I AMEX Green NPSL I AMEX Delta $2k I Citi AA $2k | C1 QS $4.5k
BOA UNC-CH Alumni $6k I Hawaiian WEMC $3k I Arrival $6.5k I IT $1.5k | Merrill+ $2k | Lowes $12k | Apple $2k | +23more
Scores: EQ:671 (FICO ↑ 11) EX:686 (FICO ↔ N/C) TU:686 (FICO ↑ N/C) *8-5-14*

Overall UTIL: 14% *Gardening Since: 1/20/16*
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Need to stay out of trouble.... Go Heels!!! ... GC Watchlist ( #1 since 12-12-13)