If you're rebuilding, you should be using the cards for EVERYTHING.
To answer your question, I've put about $60( roughly 3 charges) on my PCR in the last year.
Its now at $32k. I use my old Penfed cash rewards as a gas CC. So it's normally used once a week.
Just use it normally. There's no magic number of times you must use it to get an increase.
I'd leave the cash in the bank and use those cards if you are serious about building credit and payment history.
To answer your question, I've put about $60( roughly 3 charges) on my PCR in the last year.
Its now at $32k. I use my old Penfed cash rewards as a gas CC. So it's normally used once a week.
Just use it normally. There's no magic number of times you must use it to get an increase.
I'd leave the cash in the bank and use those cards if you are serious about building credit and payment history.
Totally agree, plus add up all of those under-$50 transactions you do in a year and multiply that by 0.015 or 0.02 (depending on whether you get back 1.5% or 2% for the card) and think of the money you'd get back! I've found that PenFed wasn't particularly concerned with use, but it certainly doesn't hurt. I opened my PCR last March with a $10k starting line. I put enough spend to get the signup bonus on it and never used it again (until a BT in January of this year). Asked for a CLI right after getting a $9500 CLI on my PenFed Defender last December and they also gave me $9500 CLI on this one as well. So they can certainly grow without a lot of use, but I'd certainly encourage you to use it over cash - just treat it like a debit card and make sure you pay the full statement balance every month.
