@Anonymous wrote:Thank you for the advice.
I have multiple questions.
When you say bank card you're referring to institutions such as NCFU Wells Fargo? what are examples of bank cards?
Why should Discover be the card reporting the balance?
Thank you for the information, I will avoid Chase.
By bank card I mean a Visa or Mastercard issued by a bank.
Although I love credit unions, if one card is reporting a balance it should not be a credit union card, because there is a possibility that credit union cards are overlooked as bank cards in some of the older FICO algorithms, including the all important mortgage scores.
There is also a possibility that store cards are overlooked as well.
That's why I said that for now the card should be your Discover card.
@Anonymous wrote:Thank you for clarifying. Do you have any suggestions on potential bank cards? I don't travel so I would prefer cashback. I pre-qualified for all of the NFCU card based on the website.
Citi DoubleCash Mastercard is a decent cash back card.
@Anonymous wrote:Citi Double Cash Mastercard is considered a bank card?
I was debating between the NFCU More Rewards AMEX and Citi Double Cash Mastercard. Which do you suggest and would I be approved for both? Should I get both?
NFCU is a credit union card, so don't use it as your one-card-reporting-a-balance.
The Citi DoubleCash MC is a bank card.
I have no idea what you would be approved for.