Okay thank you for all the information guys, really appreciate it. Do you have any thoughts on the Discover It or Citi Forward cards?
Starting Score: No Credit History (11/12)
Not familiar with the Thank You card, what is the problem with it?
Rewards structure is different. The Forward has nice benefits:
Earn 5 rewards points for every $1 spent at restaurants (including fast food), books, music and movies; 1 point for every $1 on all other purchases*
Up to 1,200 bonus ThankYou® Points per year for paying on time and staying under your credit limit
Up to 2% Purchase APR reduction when you make a purchase, stay under your credit limit and pay on time 3 billing periods in a row††
0% Intro APR on purchases for 7 months. After that the standard variable APR will be 13.99% – 23.99% based on your creditworthiness†
Identity theft protection
$0 Liability on fraudulent charges
Cell phone protection
No annual fee1
Manage your account online, on your Smartphone, or on your tablet
Earn 5 rewards points for every $1 spent at restaurants (including fast food), books, music and movies; 1 point for every $1 on all other purchases*
Up to 1,200 bonus ThankYou® Points per year for paying on time and staying under your credit limit
Up to 2% Purchase APR reduction when you make a purchase, stay under your credit limit and pay on time 3 billing periods in a row††
0% Intro APR on purchases for 7 months. After that the standard variable APR will be 13.99% – 23.99% based on your creditworthiness†
Identity theft protection
$0 Liability on fraudulent charges
Cell phone protection
No annual fee1
Manage your account online, on your Smartphone, or on your tablet
Thank You:
Enjoy 0% Intro APR on balance transfers and purchases for 15 months. After that, the variable APR will be 12.99% - 22.99% based upon your creditworthiness
Earn 1 ThankYou® Point for every $1 spent on purchases
No expiration and no limit on the number of ThankYou® Points you can earn
Travel with ease and enjoy global acceptance with Chip Technology
Annual Fee:
No Annual Fee
Purchase APR:
0% Intro APR on purchases for 15 months; after that the variable APR will be 12.99% - 22.99%, based on your creditworthiness.
Balance Transfer APR:
0% Intro APR on balance transfers for 15 months; after that the variable APR will be 12.99% - 22.99%, based on your creditworthiness.
Enjoy 0% Intro APR on balance transfers and purchases for 15 months. After that, the variable APR will be 12.99% - 22.99% based upon your creditworthiness
Earn 1 ThankYou® Point for every $1 spent on purchases
No expiration and no limit on the number of ThankYou® Points you can earn
Travel with ease and enjoy global acceptance with Chip Technology
Annual Fee:
No Annual Fee
Purchase APR:
0% Intro APR on purchases for 15 months; after that the variable APR will be 12.99% - 22.99%, based on your creditworthiness.
Balance Transfer APR:
0% Intro APR on balance transfers for 15 months; after that the variable APR will be 12.99% - 22.99%, based on your creditworthiness.
Wow, the Citi Forward card seems a lot better lol thank you Lexie....If I a total of 3 cards, I'll want to only show a balance on one correct? And my utl will be the total limit of all 3 cards combine? Just making sure I understanding this correctly!
@enharu wrote:np glad to help!
The Discover IT and Citi Forward are both really good cards as well.
Only downside for the Discover card is that they're not as widely accepted as Mastercard and Visa are. The downside for Citi forward is that Citi might be converting users to the Thank You card soon.
Why do you say they are converting to the thank you card soon? If I apply and am approved for the forward card are they even allowed to change the agreement and switch the terms of the card I appl
Yes, the Forward is a nice card. I wish I were still a student! For optimal scoring, have 1 cc reporting a balance. Your util is the combined balances reporting not the limits.
@09Lexie wrote:
Yes, the Forward is a nice card. I wish I were still a student! For optimal scoring, have 1 cc reporting a balance. Your util is the combined balances reporting not the limits.
Okay, so if I have 3 credit cards with their limits totalling $5,000, I would only want one card per month reporting with a max of $500 correct? Even if 500$ that specific card has a $1200 limit, it goes towards the total limit of all my cards? Also, does it matter if I use the same card reporting a balance every time or should I switch it up every month? Sorry for all the questions, I just want to make sure I am doing everything right lol
