Credit Card Advice
Comments
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I'm still stuck on credit score in the 600s. Thoughts and prayers
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HuskyJW said:
You should only have a credit card if you have $200K in the bank. Live like a pauper for 80% of your life so you can enjoy the last 20
It’s a low bar Camas.haie said:
Your best effort ever.BennyBeaver said:Who pays interest on their credit card?
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Being that this is a @FireCohen thread, I can't tell if this satire.HuskyJW said:You should only have a credit card if you have $200K in the bank. Live like a pauper for 80% of your life so you can enjoy the last 20
If it's not, this is shit advice. Credit cards are the easiest free money/miles/rewards you will ever find. And it's all made possible because of the rubes who pay with debit cards and don't reap those benefits (and the merchants who pay the exhorbitant CC fees on your behalf). I haven't paid for a domestic flight in god knows how long. Plus the whole credit building thing. Just don't be a fucking idiot, and pay your bills on time. -
You either have a spending problem or you're a really shitty arbitrageur.1to392831weretaken said:My credit card rate is 8% and does 1% cash back (2% on certain purchases like gas or whatever). Effectively, it has the same rate as my first mortgage in 2008. I use it for EVERYTHING. I'd like to say I keep it paid down. I'd like to say that...
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If you travel, the answer is the Chase Trifecta which is the Chase Reserve, Freedom Unlimited and then the Flex which has rotating categories. If you want to flex on people (I like to say "flex"), then it's the AMEX Trifecta. Otherwise, AMEX Blue Cash Preferred / Citi Double Cash. Alternatively, the Capital One Savor is good if you enjoy a good entertainment evening as I do with my heterosexual lifemate (she/her).1to392831weretaken said:My credit card rate is 8% and does 1% cash back (2% on certain purchases like gas or whatever). Effectively, it has the same rate as my first mortgage in 2008. I use it for EVERYTHING. I'd like to say I keep it paid down. I'd like to say that...
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For the uninitiated, the correct answer is get an amazon credit card. Since you, your husband, and his boyfriend buy all your shit from there, at least get the 5% back to help pay for weekend trips to the Castro.
If you can't pay it off on a monthly basis, well, keep in mind that death is normally grounds to void a contract. -
Must be whatever that second thing is, because I have absolutely no problem spending.GreenRiverGatorz said:
You either have a spending problem or you're a really shitty arbitrageur.1to392831weretaken said:My credit card rate is 8% and does 1% cash back (2% on certain purchases like gas or whatever). Effectively, it has the same rate as my first mortgage in 2008. I use it for EVERYTHING. I'd like to say I keep it paid down. I'd like to say that...
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Mrs. Throbber's hobby is playing the credit card game. It's fucking unreal. There's like this cult following of how to scam the credit card companies for cash and airline points.
Opens a card with X company, gets the promised cash, let's the card sit open for the prerequisite time and then closes it. Keeps the cash.
Knows which cards give the most points for restaurants - so she uses Card A; some cards give more points for groceries - Card B. It's crazy.
We haven't paid for a hotel room in probably 3 years. Almost always fly first class because, well, shit, we didn't pay for the tickets in the first place.
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Back in the day my Seattle boss was buying materials for our jobs on his credit card. At the size of our jobs he was getting enough miles to go to Mars. Then the credit card companies cracked down as they are wont to do
You need one for room service and to rent a car or uber. Or DoorDash.
I was raised as a Lannister to always pay my debts. Even at the abyss I made the minimum payments to all bills. Never dipped below 750 and that was because of the amount of credit I was juggling. Now safely back above 800. It just means more. -
Speaking as someone who has kept the same card for 20+ years, how do you get away with that? I keep wondering if switching to something with better perks would be a good move, but I’m lazy.PurpleThrobber said:Mrs. Throbber's hobby is playing the credit card game. It's fucking unreal. There's like this cult following of how to scam the credit card companies for cash and airline points.
Opens a card with X company, gets the promised cash, let's the card sit open for the prerequisite time and then closes it. Keeps the cash.
Knows which cards give the most points for restaurants - so she uses Card A; some cards give more points for groceries - Card B. It's crazy.
We haven't paid for a hotel room in probably 3 years. Almost always fly first class because, well, shit, we didn't pay for the tickets in the first place.
