Late 20s and never had a credit card. Should I just get a chase rise card and link it to a monthly subscription to built credit for a year then upgrade? I feel late to the goyparty please let me know
>>61950326
>>61950326everyone needs a credit card but it's hard to get your first one. do whatever it takes to get your first one so you can start building credit. i had to agree to buy a mac computer with a credit card with 0% APR for one year to get my first one
Sure. If you actually will pay off in full every month, there is literally no downside
>>61950340People think you need to pay interest for some reason
>>61950326yeahmy kids were the same way. You gotta start somewhere. What's really going to be fun for you is you're going to get more and more credit until you're maxed out for your income level and then you're going to get fired or have an accident or something and you're going to go bankrupt and have to start all over again. Probably going to happen several times until you finally learn that you don't need a credit card to build credit, in fact it's a terrible way to do it. but you gotta start somewhere.
>>61950332kek
>>61950336Lol, lmfao.>>61950326You don't need a card with a subscription.
Debtmaxx and then flee the country. That's what I'm doing.
>>61950340Way easier to deal with bad charges on a credit card than a debit tooAnd free miles/cashback for doing your normal spending that would've gotten nothing on a debit/cash.
Paying it off in full is an IQ testIf you can pass that low bar, then have a card
>>61950424paying it off in full every month doesn't satisfy the one goal of having it.
>>61950424Also you can minmax, pay it off more frequently and then try to get your statement under 10% utilisation, your credit score will moonAlso get a cashback one and if it has categories set it to your groceries or whateverDO NOT get a credit card unless you can pay it off in full every time, you will be raped and be a slave otherwise
>>61950434>you will be raped and be a slaveyou're more of a slave if you think you HAVE to pay it backseriously, the punishment for not paying your credit cards is what OP is already suffering-you don't have any creditthey don't lock you up or take your stuff. They just don't give you credit.
>>61950326I'm a cashbackchad, not a pointsfag. I also don't do annual fees. My opinion:>ElanThese guys issue cards for small banks across the country. Technically part of US Bank and the cards are nearly identical (but better IMO). If you have a local small town bank, see if they offer any. I think the Max Cash Preferred is a great card: Two 5% categories, one 2% category, and 1% cash back on everything else. You can also get a secured version (you pay your credit limit up front) which even creditlets can get. When it graduates to a normal card you get your deposit back. Also if you have an account with ____ Bank (don't need to get the card btw) you can redeem cashback right into the account. >DiscoverSuper friendly to newbies and has very good customer service. Has a quarterly rotating 5% category which is annoying AF in my opinion but eh it can be good. Also lots of card designs if you care about that. International acceptance is iffy be use they are their own network. >AmExMostly tailored to richfags but there's some good options for regular people. Many get the Blue Cash Preferred which is free for one year and then "downgrade" to the Blue Cash Everyday. Personally I think the BCE is a better card outright due to the 3% US online retail. INCREDIBLY GENEROUS credit limits, you can request a 3x increase every 90 days and they'll usually give it. Customer service and benefits are superb, they will almost always side with you in disputes. International acceptance is iffy because they are their own network. >Capital OneSomewhat friendly to newbies. Savor or Quicksilver are both decent choices. Huge company and recently bought Discover (so they might use that network soon). >CitiCompany sucks but cards are good. The Double Cash (2% on everything) and Custom Cash (5% on top category up to $500 monthly) are great cards. Many use the Custom Cash as a gas card. Customer service is shit though so hope you never have to do a dispute.
>>61950326Only if you're planning to make a large purchase (e.g. house) in a few years. I got one 3 years before I bought my house, built up a good credit score, then bought the house and immediately cancelled the credit card. I'm 58 yo, only had a credit card for 3 years in my life and my only regret was the necessity of having one those 3 years and buying stuff on the card instead of cash just to make the {{{bankers}}} pleased enough with my good goyness to give me a decent rate on my mortgage.
>>61950326>Wells FargoDogshit company, okay cards. A few years back they got caught opening extra accounts for their customers in order to make their metrics look better. Customer service sucks too. >ChasePeople love this company. I think they're overrated, but they have some great cards, solid customer support, and a very good ecosystem. Freedom Unlimited is a good catch-all and Freedom Flex is a good rotating category card like the Discover. Be mindful of their 5/24 rule if you intend on getting a Chase card. Also be sure that you can change the Freedom Rise into a better card for the line. >FidelityThis one is interesting to me. It's a 2% cash back card but you can redeem it directly into a brokerage account to be invested. Seems like a very /biz/ card. >Crypto CardsI don't trust these. Seems like the tax implications would be very very annoying. Just get a normal cashback card and invest it into crypto yourself instead of clogging your transactions with a gorillion $0.12 cost basis values to worry about. Stay the fuck away from subprime bullshit like Credit One. Stay away from most store credit cards as well unless you really are at the store all the time. Could make an exception for the Home Depot and Lowes cards if you're a homeowner because those can be decent. And if you can help it, NEVER close a card. Account age and urilization matters a lot for your credit. Even if you leave it in a sock drawer with your $5 porn subscription you should keep it alive.
>>61950464>Even if you leave it in a sock drawer with your $5 porn subscription you should keep it alive.you have to use the card at least once a year for most companies or they will close the accounteven if you immediately pay it off, they still make money on merchant fees so they want the card to be used. If you don't use it they'll give it to someone who will.
>>61950363what is so lmao? spent $0 on intereststop being a faggotpeople like you who never take on debt never get rich. it's that simple
>>61950326Dont take loans>>61950336Imagine getting credit to buy a fucking laptop lol
>>61950326Get a few different secured cards, set each of them to auto pay one bill, then set up autopay for the cards. If you get like 4-5 lines of credit and set up like this then you can throw those cards in a drawer or something and forget about it for 2-3 years. For credit blend you can add in 1 or 2 secured loans at your local credit union. Congrats in three years you'll have good credit.>>61950336This has to be bait.
>>61950347credit age is the biggest factor, all you have to do is have a card, buy a soda once a month so it stays active and wait 5 years and wallah 800 score(it means nothing anyway)
>>61950733>credit age is the biggest factorafter 3 bankruptcies and 30 years of credit history I know what the actual biggest factor isit's very simply how much you earnIf you're a millionaire making hundreds of thousands per year you can get credit five minutes out of bankruptcy court. In fact they line up to give you loans. You get offers daily no matter your score.
I like collecting metal credit cards. They make my wallet heavy and feel cool to the touch.
>>61950336>it's hard to get your first one.Are you joking? Credit is handed out like candy. Im throwing away offers constantly being sent in the mail.
>>61950483Poor reading comprehension.
