Quote:
Originally Posted by r0nin89
Coming from someone whos had a card since the day he turned 18:
Get something with a low limit to carry around and use.
Get something with a high limit for an emergency.
Dont open any more cards then a daily pay it off every month card and an emergency card. This is bad for your credit to have too many open lines.
Personally I started with a $500 card. Primary purpose was to order parts online as I had the money. Thats all I did with it. I then decided to switch to a card under my new bank and was given a decent card with an $1100 limit. Thats when the trouble started. I began budgeting out what I wanted to get now for car parts vs how long it would take me to pay it off. You just have to be careful, I doubt anyone will offer you a card over $2000 but who knows with previous credit history with your parents as the cosigner.
|
"Time to pay off" implies you are running a balance for want-to-have car parts, which would be contrary to good credit card practice.