I will use a card the same day as activation especially if it has a SUB.
This summer has been crazy with new cards and SUB’s. Since the end of June my fiancé and I have meet 18.5K in SUB spend organically. Although 1700 was rent.
I need lenders to get used to my spending pattern ASAP. Amex has been great for that. It’s quite common for me to run 5-7K a month through my charge cards.
This summer has been crazy with new cards and SUB’s. Since the end of June my fiancé and I have meet 18.5K in SUB spend organically. Although 1700 was rent.
I need lenders to get used to my spending pattern ASAP. Amex has been great for that. It’s quite common for me to run 5-7K a month through my charge cards.
Interesting that people want to establish their spend with the bank so quickly. I figure that will happen sooner or later. Also surprised so many people would use it immediately. I always felt like it would flag you as desperate to get the card. For example, I need a new phone, and it would make perfect sense to put it on my new PayPal card as I will probably buy it from eBay, and I was gonna buy it anyways. But I won't, because I don't know what sync will think about such a large purchase on the first day. My normal use is large purchases and paying off before the statement, but they don't know that yet. So how would they take it? Would they wait until I establish a pattern, or would they put me on their watch list? That question is why I usually wait a but before using a new card and I start with small purchase.
Is that wrong to think?
@Brian_Earl_Spilner wrote:Interesting that people want to establish their spend with the bank so quickly. I figure that will happen sooner or later. Also surprised so many people would use it immediately. I always felt like it would flag you as desperate to get the card. For example, I need a new phone, and it would make perfect sense to put it on my new PayPal card as I will probably buy it from eBay, and I was gonna buy it anyways. But I won't, because I don't know what sync will think about such a large purchase on the first day. My normal use is large purchases and paying off before the statement, but they don't know that yet. So how would they take it? Would they wait until I establish a pattern, or would they put me on their watch list? That question is why I usually wait a but before using a new card and I start with small purchase.
Is that wrong to think?
A couple things come to mind for me, and these of course are personal opinion (I'm sure a more veteran credit guru will chime in.)
- The saying is to make credit work for you, don't work for your credit, so putting too much thought into what they think of you if you start using the card too soon is too much psychological intuition for me.
- The purpose of a card is to use it. Seeing as though banks earn money from every swipe (and interest from revolvers) they want to see you use that card.
- A big one here; Those who are approved for cards with great SUB's obviously have quite an amount to hit and by stalling even a week, you'er losing out on a week of bills, groceries, gas, etc. that could've went on that SUB earnings.
- The faster you use the card, the more you use it, I'd say data points are on your side that it will grow that much more with you.
An example of SUB's, I had 9k in SUB required spending that needed done within 3 months, so you can darn well bet I put a hold on most spending from other cards in order to meet this. Vacation took care of most of it, but just a week or two of bills certainly added to that ability. - My 2 cents 
I will definitely use the Card very quickly!! Me and the "Wifey" Love to try new Resturants . 😀
I was going to answer, but all my cards have SUB so I am not allowed to participate 
The day a new card is coming, I'm already standing outside by my mailbox waiting for it so I can charge the hell out of it 
We just got a couple of new cards because of some home expenses, so we've already run over 12k on them right away with another 6k to come. Not a hiccup from Chase and met the SUBs by the second day, I think.
We just got a couple of new cards because of some home expenses, so we've already run over 12k on them right away with another 6k to come. Not a hiccup from Chase and met the SUBs by the second day, I think.
@Brian_Earl_Spilner wrote:My wife just told me that she has no idea where her Cash Reward card is. She activated it, but hasn't used it since she got it mid-May. 😑
Got me wondering, how soon after getting a new card do you use it? Don't include cards with SUBs because you're expected to use it due to the time limits. Personally, I get around to it in about a week. Usually something like gas and then I pay it off to get an idea of posting times.
Before I use it I check to see what the next statement date will be. If it's not on the site, I call up customer service and ask.
