My plan for the secured card is put netflix on it, pay it off each month, and leave it alone. For this one I would do hulu or something similar just to give my credit score a nice boost over time, until the CL is increased. I dont want to get another secured card and have two with extremely high APR that rarely see credit increases, to further increase my score. So wait until atleast 630 for the ups one?
UPSers Credit Card (on topic)
- Thread starter UPSfit
- Start date
At least!
oldngray
nowhere special
They are bad about rate creep even if you have good credit. I pay mine off every month and have a preferred card with points but they still have raised my rates. Maybe they are mad because they don't make any money off me.
They don't make any money off of me. Then I won't use the card for awhile, then they usually offer me some bonus money
Got to play the game.
oldngray
nowhere special
I have a VISA and Master Card and will only use one of them at a time. Periodically the other card will offer some kind of deal and I will switch to it for a while.
I have a debit card I only use to get cash from ATM. I just got a new one last week because they are upgrading all the cards to RFID chips. I don't really trust that technology yet but had no choice.
DriveInDriveOut
Inordinately Right
Just got Amex's Blue Cash Preffered. 6% back at grocery stores, 3% on gas. 6% is insane no one can beat that. I use Citi Double Cash for everything else, 1% when you buy 1% when you pay. And of course Discover's rotating rewards categories, currently giving 5% on restaurants which includes fast food.
It's easy to work the system when you've got good credit.
oldngray
nowhere special
Agreed but you first need to develop good credit to get those perks.
Big bucks...bank that money.
A secured personal loan from your bank,may be more helpful.
clean hairy
Well-Known Member
Once a collection account is paid off, it does not go away.
It stays on the credit report for 7 yrs.
The amex blue is the one I was thinking about getting. Seems like a great deal for groceries.
Re-Raise
Well-Known Member
UPS Capital Visa Signature Rewards Card If you log into UPSers you can go to the HR and Benefits tab and type credit card into the search. When I did that it gave me a code to put in when I applied for the card. I don't want to share that code here, but if you are a UPS employee you should be able to find it. Good luck
oldngray
nowhere special
That card isn't that great. If you have good credit you can get a better deal from your bank.
sailfish
Master of Karate and Friendship for Everyone
I see a lot of cards that look like they have good cash back rewards but they also usually have an annual fee that I'd likely just break even on anyway. I only have one card that I use like cash and pay the balance off each month, the Amazon Rewards card. No annual fee, 2% back at gas stations, restaurants, and drug stores (accounts for close to 90% of my usage), 3% back from Amazon, and 1% everywhere else. I just wait until I accumulate a hundred or two in points and apply it to my balance.
The thread was originally created to get more information on that card. Unless the code they gave me drastically increases the acceptance chance, im stuck with just my secured card for a while.
Re-Raise
Well-Known Member
It did look like 1% for all purchases and 3% for gas and groceries.
That is better than I would have guessed.
I will admit to having an obsession with free money. I think I even have that card. I have so many now I can't remember them all. I started taking advantage of the $150 to $250 bonus offers a few years ago. We would open an account, cash out the bonus points and move on. We currently are using a new Discover It Card that doubles your points for the first year.
It does hurt your score to open new accounts, but my score is still 837. The only thing keeping it from being higher is the average length of my accounts because of all the new ones we have opened.
oldngray
nowhere special
I'm surprised having that many cards doesn't lower your score more.
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