People are scared of credit but honestly there is nothing scarey just make sure you are VERY responsible and don’t spend money you don’t have..I’m 22 just got my first Amex with a 700+ credit score and I wasn’t born rich or financially literate but I’m just responsible! Lol
Same! I pay whatever I use on my card every 2 weeks but I treat spending as if it’s money on my bank account, I do give myself some luxuries but I don’t overdo it and I never pay interest!
People in credit card debt got a credit card without knowing how to use it. It’s an education issue, not a credit card issue. I had in ddebt because I was stupid and didn’t know how to use credit, then I learned and now I’m raking in rewards with no problems.
Whenever you're ready, hire someone to manage your money. You need a (CFP) straight up! personally, I would invest in ETF's and also love investing in individual stocks.
Controlling my portfolio cost me losses in 2022. So, in January 2023 I sought advice from a fiduciary. Through restructuring and diversification with dividend stocks, ETFs, Mutual funds, and REITs, my $1.2M portfolio surged, yielding an annualized gain of 28%.
’Sonya Lee Mitchell’ is the manager I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Im 26 and still dont have a credit card, im watching these videos to try and learn what credit card i should go for first. Idk why but im terrified i might mess it all up. Im also very annoyed that my parents or at school didnt taught me about any of this stuff. Anyways wish me luck on having my first credit card
My first credit card was the discover secured card. You basically can choose your credit limit by putting how much money you want on the card. For me I did $200. When they determined I was a good credit card user they gave me that money back. Great card for people who have no credit/trying to increase their credit.
You’re fine bud. Just remember, try not to spend out of your monthly budget. I usually only use my credit card at 25% or so of my monthly income. Just remember to pay before the month ends. Pay in full. Let the points/bonuses work for you. Start with a lower credit limit too. I’m wishing you the best on your journey :)🎉
I'm currently 19 and in college and the age brackets definitely make sense, although i would add one asterisk: depending on the situation it may make sense to have an airline credit card in addition to the student card. For example I fly home 1-2 times a year because I attend out of state and I take 1-2 other trips during breaks, and i make good money as a part time sales rep and am responsible with my money. Since United is my main airline the United Explorer card made a lot of sense for me since they gave me $300 off my first flight booked with the card, plus 30,000 bonus miles, double miles on United purchases, hotel bookings, and restaurants, free checked baggage, priority boarding, United lounge passes, and a voucher for TSA precheck. I've only had the card for 6 months and I've already saved hundreds on airfare and airline fees, plus i was able to use my miles for an insanely good rewards redemption to Tahiti in November that would normally cost $1500 cash. Definitely something to consider if you attend college out of state and are good with your money.
@ayanahampton6421 I've been earning $800-1000/week with commission working about 28 hours a week and that seemed to be good enough for them to approve me. I also had a fairly decent credit history and credit mix with a couple credit cards and a car lease, all with no late payments, and my length of credit history spanned a year and a half.
I don't disagree! I just caution airline cards for most may be a bit too niche. I totally get your use case and you're definitely an advanced user at just 19. Most in your age group are just getting comfortable with a credit card vs taking advantage of all the various benefits. I have no doubt you'll be travel hacking in international business in no time!!
I’m 19 turning 20 in sep. I have a total of 4 credit cards. I have Wells Fargo active cash, freedom unlimited, Citi premier, and chase sapphire preferred. A total of 18,900. I work full time and do school full time so it’s possible just monitor your score. Now I started learning credit cards when I was about 17 and half and got an authorized user card that first is only 500 dollar of limit and as of right now has 2 years of credit age. The four cards I mentioned above are mine not the authorized users. With Wells Fargo being 10 months old. A little tip I’ve found very useful is opening a checking or saving account with the bank you plan on getting your card with and leaving it their for a couple of months helps boost the chances of you getting accepted. For example when I planned on getting my freedom unlimited card I open a checking account with initially 3 thousand and then deposited another 3 thousand after that and left it in the account for about 2 maybe 3 months and then applied. Got a call the same day hey your approved
That's good bro keep up the good work, I only got 2, preferred and discover. I will soon move into an amex gold or venture x. I have planned a few trips for the next year, those points will help me.
One of the best decisions I made was getting a higher-end travel rewards card instead of a student card when I started university, the minimum income requirement was 15k CAD, with a $150 annual fee. I paid for pretty much everything on that card. After 2/3 years (and not being able to travel during covid) I had racked up so much points that it paid for almost all the flights I took during my exchange program in my senior year. Got to travel to 5/6 other countries over 6 months and it was pretty much free of cost to me. This would not have been possible if I used a student card.
I made an absolutely mind bogglingly massive jump from a secured Chime credit builder (which raised my score about 90 points over a little more than a year and a half) to a Capital one Venture One card with a 10K limit. I also used Experians boost feature, which helped out. I have no idea how I got approved for the capital one, but it’s been fantastic, I’m putting large purchases I would normally make with cash on the credit card instead, then I pay it off as soon as it’s on my statement. My mom raised us to not buy things we couldn’t afford, so I still keep that principle. Needless to say, the points are really adding up. It’s nice for my money to be working for me a little bit.
Capital One likes to accept more risky customers than usually, banking on the fact that theyre more arrogant and more likely to get in debt. No other company does this.
I appreciate these vids a lot as a 23 year old who was taught not to trust and be concerned about cc’s. My 1st cc was the Student It from Discover as I already had a savings and checking account with them in 2020. Just a month ago, I got the Capital One Venture card because I’m not making that FT money but since I’m graduating in a year, I’m hoping to upgrade to the Venture X
Quicksilver and the Chase Freedom were my first two card. 100% agree pay in full all the way! I totally use mine like a debit card. Stick to a tight budget as well. Great advice. Wish I knew more about this in my 20s. I was out there looking at cards like it was AMC and stonks back then but always stuck to the script of only spend what I can pay.
Using a credit card like a debit card is a really good idea. Only spend what you actually have. As was said in the video, you must pay on time and in full (although you can still pay early in full).
Appreciate your content, John. Wish I had come across your channel 10yrs ago. By age 21, my (now) wife and I had opened 17 credit cards and racked up $30k in debt. Now, on the cusp of thirty, we’ve paid off all our credit cards and mostly use the Amex Gold and pay in full each month. Spent years paying off our balances and even longer making only the minimum payment. Now, we’re using credit responsibly and educating ourselves on how we’re gonna use our points! We were slaves to the lender, but we learned the hard way that we can take advantage of the game too!
The Discover Student card did really well for me as my first card. Plenty of cashback, good sign on bonus, no annual fee, and they repeatedly upped my credit limit since I was using it wisely. Plus a little extra credit limit for referring a friend. I loved it. They also have this thing -- that I never utilized unfortunately -- where they will give you $20 a semester for good grades
I believe they will give you a $100 statement credit for referring a friend plus $100 to your friend the first time they use the card, which is pretty awesome, especially for a card with no annual fee.
I wish I had known about this when I was in the service. Had to sleep in the terminal once due to a cancelled flight. It'd been helpful to have a card for those emergencies. Especially a sweet one like the VX or Platinum.
I am currently in college never had a credit score since my parents never gave my authorization, but I was actually pre- approved from chase themselves for the freedom flex or unlimited, I went with flex, and now I have been finding not only your videos helpful, but also everyone else’s in the credit card genre. Thank you for this video and every other videos that helps people like me applying for their first credit card :)
recently my finances got way out of control. I overspent, missed a payment, and nearly maxed out 2 cards, now Im doing whatever it takes to bring my score back up, so this is very helpful!
What are the best strategies to protect my portfolio? I've heard that a downturn will devastate the financial market, so I'm concerned about my $200k stock portfolio.,
Review your portfolio with a professional and don't make the same mistakes again. Diversify, as in your stock portfolio, and hopefully consult a professional. The key to building wealth is long term. I learned 10 years ago that you have to keep emotions (rookie) out of your investment decisions at all cost. Now, i've made over 800k in profits from my 350k investment.
I've been in touch with a financial analyst ever since I started investing. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders
'Grace Adams Cook' , is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
I am 18 and in college so I am getting my first card that I can actually use as an adult. This video was super helpful and entertaining. Deserves a Like and Follow. Thank You John.
I'm shocked to learn I did it mostly right. Amex Platinum/Barclay's AmericanAirlines/Amex Hilton are my 3 goto cards. Oldest is Discover, which I've had for 37 years - I was one of the original Discover card holders when it was new because I had a Sears card, and Sears Cardholders were given first crack at Discover. Best part is learning about adding my soon 15 year-old daughter to get her on the right track. I hadn't thought about that yet. Good to know.
Getting added as an authorized user is one of the best things you can do for someone you trust. However, you can still be really successful in the credit card game without it! I feel like that's something that should be harped on more though. It's awesome to be able to hit the ground running in the credit card game when you're 18 if you can.
I agree. I was never an authorized user but I opened a couple of cards after my 18th birthday and now have a 760 at 19. Very doable if you keep utilization low and pay on time.
Some people don't have the option of becoming an Authorized User. I didn't. I started with a secured credit card and slowly built my credit to a 760 Fico score.
I am 20 and I have 4 cards. Started with the chase student card, then got the discover student card. Recently I got the chase freedom flex as well as the chase sapphire preferred. Paid them off 100% every month and have 130,000 rewards points to redeem on travel. My credit score is above 747+. Doing very well with my credit for my age. The chase cards working together is just perfect.
@@parkerburgio awesome to hear! Try to keep your credit utilization under 30% and don't miss a payment and you'll be great! Look into how to maximize your credit card rewards points for travel. Once you Learn that it's a game changer
Hey man that’s pretty awesome! I’m 20 as well and so far have the discover student card and the bilt rewards card with around a 750 credit score. I’ve been looking to get my first travel-focused card. How did you stack up 130k reward points so quick?
@@rijulranjan8514 Hey man, it sounds like you're on the right track. I got the Chase freedom flex and saved the 20,000 welcome bonus. I ended up getting the Chase Sapphire preferred when they were doing the 80,000 point, welcome bonus. I have one referral to the card as well for another 15k points. The rest of the points I have been just getting from using the credit cards.
Im currently 16 trying to start my journey, I plan to be an entrepreneur, knowing this is a complete game changer, i will be definitely taking advantage of this.
If you want to build credit under 18 I recommend step. If you can’t become an authorized user on someone else’s card. I’m 13 and by 18 I should have a good credit score
If you’re a school employee in the 18-21 age, you should look into opening a SchoolsFirst Federal Credit Union account and apply to their MasterCard School Employee card. This was the best decision my dad helped me with and now I have a healthy history of credit with no debt while getting some other benefits from their bank.
He’s 100% right about the making they payments in full and on time, I got the Amex gold card at 19 and the platinum at 20 just by doing these two things
I work in the credit field and this is such a useful video. I will say people who don’t use credit cards are losing out on free money, trips, and hotels too. The pay in full tactic when you were growing up is amazing!
also, lets say parents have a bad FICO score, is the option of not merging accounts better for the kid? since their score reflects on them? would opening a card alone be better or what is best to do when you don't have a good representative to represent you?
@@samiraxrsI know it’s been a month but my mother has horrible credit so it was best for me when I turned 18 to open a credit card with just my information
Just turned 20! So far I've got 4 cards! BOA (2021) Chase Freedom Unlimited(2022) United Explorer MileagePlus (2023) First annual fee but first year they waived it! Chase Sapphire Preferred (2023)
@@DeactivateMe27 you need a starter card for around a year then head into chase like freedom unlimited or flex but then have that for around a year then go for csp
Whenever I don’t like a popular movie I feel pressured to agree with the mainstream because I am bad with words and can’t justify myself, so videos like this really help me
i have recently came out of college (UK so age 16-18) having completed a business course which was about 3 hours a week (we do 3 or 4 courses here) and i thought that everything in this video was the basics which i understand after watching and the comments that people dont always know this stuff. i think the exact course that i have done should be taught to everyone at at this age. it would definilty stop so many people stop getting into debt.
Shiiit, by age 21 I was already approved for the Chase Sapphire Reserve. I'm going to brag here a bit and say I felt so cool getting into these priority lounges and being one of the only people in their with a full head of hair lmao
Im 26, Currently have: Chase Freedom Flex Chase Freedom Unlimited Chase Amazon Prime Amex Gold Citi Custom Cash Hoping to add Chase CSP once im no longer at 5/24
I def learned something from this video and makes sense as I'm tryna buy my second property. I messed up when I was younger but your video has really helped me rebuild my credit and now I'm sitting nice and retired by 28.
I'm 19 working a full time job in IT and I have 5 cards now. In order of when I got them Wells Fargo active cash, BCE, Amazon prime, AMEX Gold, and Freedom Unlimited. Love your content! That's why I am where I am in this game!
Im 19 and have 4, NFCU More Rewards, Amex BCE, Amex BBP, and the apple card, will apply for a chase card real soon. May i ask your credit limit and score? im at 20k combined and 750!
@@htownvlogs3883 keep making your payments on time. I got a QuickSilver, the Apple Card, Chase freedom unlimited, the Amex blue cash preferred, and Citi custom cash up to 5% back. I also was approved for a 2019 civic my score is about 760 and I’m 21. Also, keep your utilization low. Pay in full if possible or the entire statement balance, and also don’t close any accounts unless you got a sucky deal(and you dont)
19 Years Old. 7 Personal Cards, 2 Business Cards. Discover Student Cash Back, Apple, Chase Freedom Flex, Bank Of America Customized Cash, Amazon, Amex Gold, Capital One Savor. Chase Preferred and Amex Blue Business Plus. 300,000 Chase Points, 100,000 Amex Points. and $1250+ in cash back combined.
im 20 and I have 2, 1 I got one from a local credit union when I turned 18, and the Capital One Saver that you recommended a year ago. Score is 754, think its a good time to include a new card to help lower utilization across the board but not sure which.
I’m 21 I have like 5-7 cards with 43k credit limit. Started with discover secured card, then went with chase freedom flex then the shappire preferred. Most recent card is the venture x. Highly recommend it. Credit score- 740ish
I'm 20 and I just hit 780. Started off being an authorized user on my brothers amex gold at 17. At 18 I instantly got discover it student. Next card was the venmo card and it was kind of shitty but it was generous with the credit limit. After that I got the chase freedom student then freedom flex. Freedom flex was my everyday card up until recently when I got my own amex gold.
im currently 19 i have AMEX Plat & Gold, CFU, i did add my siblings to my CC as a AU, but they are not given the card its in a "Sock Drawer" all my cards are paid off. now im teaching my friends and family how to manage CC's and give them finance tips, im looking foward to getting CSP as my next card then CFF so i can get a chase trifecta
@Eli Toiv yes i travel for work, more then 20+ times for a year so it something i use to my advantage really it is amazing thing to have. but the high annual fee is crazy but the perks makes it worth it, but i was so quick to jump on it is because i got a 150k WB offer so i couldn't pass on it for my amex gold i got it with a 90k WB so im trying to aim high with the WB before i get the card
@@eli_toivas someone 19 with a plat. Sometimes the math just works out really well. College kids are really into Uber, subscriptions, traveling and sometimes even gym memberships. It’s also a nice flex to pull out a platinum as a student.
Hello everyone well I just got my first American Express card blue and it’s very easy to be responsible. I have one credit card. I just finished paying off and I have one that I’m using finishing paying that one off and then I just use one at a time. That’s a smart way to do it. I don’t know.
I started with a discover it cash. I swear it was a student card but I can’t remember- super helpful for learning how to use categories right and just learning the system.
don't let anyone make you think you should have a bunch of credit cards, it's not worth it racking up all that debt and you will max the cards out and spend way too much money, it's not worth it.
Wait how are people getting the quicksilver at 22 I just turned 18 and got approved for it and I don’t have any credit history my goal is to get the Amex gold by the time I turn 19
Super insightful! I hope this helps other people too. Made me think about adding my little brother as an authorized user to help him gear up for his financial future. Thank you!
Once you get a property I’d get a Home Depot and / or Lowe’s card. Lowe’s saves 5% with an occasional 10%. HD throws offers now and then. Comes in handy when doing a DIY project
I'm 29, never owned a credit card because I was scared of being caught in spiralling debt as you hear it so often. Now I have no credit history so need to get started 😆 Thanks for your advice and info!
i have three unsecure credit cards. two of them being gold amex cards, and one capital one card, with a fico score of 759 at the age of 19 with the help of no one. dont really know how i got here but im patting myself on the back. i love credit and the benefits it can give you
I got a sapphire preferred at 21, been paying it in full every month for a year. About to finance a car, sapphire definitely helped with the credit score lol
Im stuck between cash back vs travel points. I'd love to build points towards my annual trip during the summer... but i know ill get way more from a card that benefits me buying groceries at least 2-3 times a month...
Where were you 10 years ago when I was 18 and making all these mistakes ? 😫😫😫😫 thank you for making this video cuz it’s gonna save so many people financially ❤❤❤
I’m 35 and in my 20’s I made a LOT of uneducated mistakes which affected my credit file. Only this year have things changed. I now have 5 credit cards 😅
I got approved for $1,500 discover card the moment I turned 18 and I would spend a lot of money but I just paid it back on time and in 6 months I had a credit score of 705. It’s super easy to build credit
I’m 20 and have 5 cards. At 18 I got the discover it put 200 dollars down. 6months later I got the Apple Card. 8 months in I got the citi double cash. At 20 years old/ 2 years in I got chase freedom and flex.
Amex gold at age 19 and I love it, when I was 20 I stupidly got the Apple Card. I now also have the Amex Platinum and green at age 21. I love AMEX. I roll over all my points and I have been flying for free.
As 20 years old I would say, yes, the age brakets do make sense. Also, I am suprised from the sheer ammount credit cards that you can get in the US. That's seems intersting
So far this is the best video I've found explaining when and which cards to get. I'm almost 21 and I'm looking to apply for my first credit card. My credit score is 682 from a secured savings loan I did through my bank. The Discover it is a card I've been looking at simply because their customer service is phenomenal from what I've witnessed second-hand. I'm thinking I could also apply for the chase freedom student card as well and eventually upgrade both cards.
Thank you for the comment and I'm glad it helped! At around 682 you're definitely in range for the student cards. You can't go wrong with either Discover or Chase on that end. Best of luck!
I'm 24 and a student again. The first card I got was the Chase Freedom Unlimited. I knew nothing about credit cards, so, I started my credit journey with a mid-level travel card. There are definitely things I wish I knew before getting that card. When I got that card, I was in college, and when COVID-19 came to the US, and took a much needed gap in my education. During that gap, my credit limit increased. I am just now learning that it increased because I was 22, not in school, and had a well-paying job. Again, no one really taught me about credit cards, so I maxed it out on a trip I booked a few months later. I'm still paying that off (barely). I am now trying to course correct. Would getting a beginner card now, and paying it off entirely every month, help do that?
Your biggest priority would be to pay off that card as fast as you can (obviously easier said than done). If you think your credit score is good enough to apply for a beginner card, do it! If not, get a secured card. But make sure you are still paying off that other card. Remember to treat your credit card like a debit card. Only spend money that you have and you'll be good
@@Mikel-vp8nm i would recommend opening a checking account with chase and connecting your income from your job to it. That way they as a bank can see you have a consistent stream of money coming in and they’ll trust you more to apply for the card
@@Mikel-vp8nm I had a college checking account with Chase for a few years before I applied. When I applied, I went in person and spoke with someone about my card options. They were nice enough to help me find ways to meet the income requirement. Since I was in university, they said it was okay for me to count my student aid as income along with my part-time job income. That's how I was able to get it. I recommend talking with someone in person. They are much more likely to help you out that way--at least in my experience. :)
I'd play around with the frame rate on your camera. The lights in the back flicker so you may have to reduce it to match speed of how light travels to your camera! Makes a big difference with neon lights or any other source of light if you ever see flickering.
john you awesome bro.... i've watched a few of your videos n learned so much... ive been in the credit game for almost 30 years... ive always just paid the minimum ( even tho i knew i should pay more)... but i just never had the job that paid enough to pay more( main reason y i got a few cards is to supplement my income but i never realized it was hurting me so bad by not paying in full and keeping it under 30)
I got to the us and just got my social and tax , i start a new job in August, I really want to make sure i get all the cards and advice to make sure I can maximize my savings / money. Thank you to those who take the time to reply.
I am 52. I have never used credit cards until recently. I got a Lowe's card a year ago for the sole purpose of getting something on my credit report. Because I had always heard that not enough credit accounts is bad for your report. But the commentary here seems to be in conflict with that. What am I missing? I watched this, planning to add another card to try to raise my score. My report is near perfect, yet my Transunion score is only 682. Frustrating.
I’m 19 in college, I have 5 cards including a platinum and sapphire preferred(the math checks out for credits). My parents added me on as a AU for a gold card so they know my history pretty well. I have a good amount of points between chase and Amex and miles with delta. Probably gonna move into Capone and the bilt card soon. If the math works out why not move up now.
@@LK_EBM waiting for my roommates to start their internships so they have enough money to travel. I’ve been holding off which isn’t the best idea but hopefully can use some of those points soon. Worst comes to worst most of those chase points will give me 1.25 back on a new laptop and the Amex points will be used exclusively for travel
Yoo that's cool bro I just turned 20 and I got the sapphire preferred, trying to get those bonus points because I will travel at the end of the year. I'll either move into a gold card or a Venture X.
im 19 studying in the US and it is literally impossible for me to get a card here...at least rn it's not possible, maybe next year tho (don't have ssn). While also simultaneously having CCs for travel (access to airport lounges worldwide and points can be claimed at Gucci, and such brands) and, general shopping (online and in-person at select stores) my bank back home has to offer 💀
My first card was a chase freedom student and I got a 700 after a year, then got the chase freedom unlimited once I turned 19. Ima tryna get the chase trifecta before I get an Amex card.
For more cards check them out here bit.ly/jftcards
www.youtube.com/@Follow_Link_4_help1
People are scared of credit but honestly there is nothing scarey just make sure you are VERY responsible and don’t spend money you don’t have..I’m 22 just got my first Amex with a 700+ credit score and I wasn’t born rich or financially literate but I’m just responsible! Lol
That’s exactly it! No need to be afraid, just gotta learn how to leverage the cards effectively
That’s exactly why people are scared of credit.
Same! I pay whatever I use on my card every 2 weeks but I treat spending as if it’s money on my bank account, I do give myself some luxuries but I don’t overdo it and I never pay interest!
What good does an Amex card do for me?
@@John-ho4jodepends on ur lifestyle say u eat out a ton it a gold card gives good amount of cash back for restaurants n such
People in credit card debt got a credit card without knowing how to use it. It’s an education issue, not a credit card issue. I had in ddebt because I was stupid and didn’t know how to use credit, then I learned and now I’m raking in rewards with no problems.
Whenever you're ready, hire someone to manage your money. You need a (CFP) straight up! personally, I would invest in ETF's and also love investing in individual stocks.
Controlling my portfolio cost me losses in 2022. So, in January 2023 I sought advice from a fiduciary. Through restructuring and diversification with dividend stocks, ETFs, Mutual funds, and REITs, my $1.2M portfolio surged, yielding an annualized gain of 28%.
Your manager must be really good, how I can get in touch with them as my porfolio is not performing as expected.
’Sonya Lee Mitchell’ is the manager I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I searched for her name online and found her webpage. I emailed to make an appointment to talk with her; hopefully, she gets back to me.
2:55 card's age restrictions
4:24 18-21 year olds
8:47 22-26 year olds
13:30 27+
18:49 Goals?
Legend
Thank you! I needed these timestamps
Awesomeness
Awesomeness
Some heros Don't wear capes
Im 26 and still dont have a credit card, im watching these videos to try and learn what credit card i should go for first. Idk why but im terrified i might mess it all up. Im also very annoyed that my parents or at school didnt taught me about any of this stuff. Anyways wish me luck on having my first credit card
I am in the same situation.. it is rough! Feel so behind
dont watse time
My first credit card was the discover secured card. You basically can choose your credit limit by putting how much money you want on the card. For me I did $200. When they determined I was a good credit card user they gave me that money back. Great card for people who have no credit/trying to increase their credit.
You’re fine bud. Just remember, try not to spend out of your monthly budget. I usually only use my credit card at 25% or so of my monthly income. Just remember to pay before the month ends. Pay in full. Let the points/bonuses work for you. Start with a lower credit limit too. I’m wishing you the best on your journey :)🎉
Im 26 & I just got my first credit card. Luckily i got a loan & started my credit journey at 20. Good luck to you
I'm currently 19 and in college and the age brackets definitely make sense, although i would add one asterisk: depending on the situation it may make sense to have an airline credit card in addition to the student card. For example I fly home 1-2 times a year because I attend out of state and I take 1-2 other trips during breaks, and i make good money as a part time sales rep and am responsible with my money. Since United is my main airline the United Explorer card made a lot of sense for me since they gave me $300 off my first flight booked with the card, plus 30,000 bonus miles, double miles on United purchases, hotel bookings, and restaurants, free checked baggage, priority boarding, United lounge passes, and a voucher for TSA precheck. I've only had the card for 6 months and I've already saved hundreds on airfare and airline fees, plus i was able to use my miles for an insanely good rewards redemption to Tahiti in November that would normally cost $1500 cash. Definitely something to consider if you attend college out of state and are good with your money.
Get a korean air credit card issued by US Bank. You can use the miles with Delta and others. And no foreign transaction fees.
My question is how did United even approve you for that card? I got rejected because I don’t earn enough in a year even when working 15h a week
@ayanahampton6421 I've been earning $800-1000/week with commission working about 28 hours a week and that seemed to be good enough for them to approve me. I also had a fairly decent credit history and credit mix with a couple credit cards and a car lease, all with no late payments, and my length of credit history spanned a year and a half.
I don't disagree! I just caution airline cards for most may be a bit too niche. I totally get your use case and you're definitely an advanced user at just 19. Most in your age group are just getting comfortable with a credit card vs taking advantage of all the various benefits. I have no doubt you'll be travel hacking in international business in no time!!
I’m in Sales and just curious what company do you work for?
I’m 19 turning 20 in sep. I have a total of 4 credit cards. I have Wells Fargo active cash, freedom unlimited, Citi premier, and chase sapphire preferred. A total of 18,900. I work full time and do school full time so it’s possible just monitor your score. Now I started learning credit cards when I was about 17 and half and got an authorized user card that first is only 500 dollar of limit and as of right now has 2 years of credit age. The four cards I mentioned above are mine not the authorized users. With Wells Fargo being 10 months old. A little tip I’ve found very useful is opening a checking or saving account with the bank you plan on getting your card with and leaving it their for a couple of months helps boost the chances of you getting accepted. For example when I planned on getting my freedom unlimited card I open a checking account with initially 3 thousand and then deposited another 3 thousand after that and left it in the account for about 2 maybe 3 months and then applied. Got a call the same day hey your approved
By the way personally I think sales is the way go in my opinion. For a job if you want some sort of higher income
That's good bro keep up the good work, I only got 2, preferred and discover. I will soon move into an amex gold or venture x. I have planned a few trips for the next year, those points will help me.
Do you like the combination of ur Chase FU and C SP?
One of the best decisions I made was getting a higher-end travel rewards card instead of a student card when I started university, the minimum income requirement was 15k CAD, with a $150 annual fee. I paid for pretty much everything on that card. After 2/3 years (and not being able to travel during covid) I had racked up so much points that it paid for almost all the flights I took during my exchange program in my senior year. Got to travel to 5/6 other countries over 6 months and it was pretty much free of cost to me. This would not have been possible if I used a student card.
What card did you use ?
What card?
Might be late, but either the NBC World Elite MC or Amex Cobalt
How did you get approved before you had any credit?
I made an absolutely mind bogglingly massive jump from a secured Chime credit builder (which raised my score about 90 points over a little more than a year and a half) to a Capital one Venture One card with a 10K limit. I also used Experians boost feature, which helped out. I have no idea how I got approved for the capital one, but it’s been fantastic, I’m putting large purchases I would normally make with cash on the credit card instead, then I pay it off as soon as it’s on my statement. My mom raised us to not buy things we couldn’t afford, so I still keep that principle. Needless to say, the points are really adding up. It’s nice for my money to be working for me a little bit.
Capital One likes to accept more risky customers than usually, banking on the fact that theyre more arrogant and more likely to get in debt. No other company does this.
I appreciate these vids a lot as a 23 year old who was taught not to trust and be concerned about cc’s. My 1st cc was the Student It from Discover as I already had a savings and checking account with them in 2020. Just a month ago, I got the Capital One Venture card because I’m not making that FT money but since I’m graduating in a year, I’m hoping to upgrade to the Venture X
Quicksilver and the Chase Freedom were my first two card. 100% agree pay in full all the way! I totally use mine like a debit card. Stick to a tight budget as well. Great advice. Wish I knew more about this in my 20s. I was out there looking at cards like it was AMC and stonks back then but always stuck to the script of only spend what I can pay.
Using a credit card like a debit card is a really good idea. Only spend what you actually have. As was said in the video, you must pay on time and in full (although you can still pay early in full).
Appreciate your content, John. Wish I had come across your channel 10yrs ago. By age 21, my (now) wife and I had opened 17 credit cards and racked up $30k in debt. Now, on the cusp of thirty, we’ve paid off all our credit cards and mostly use the Amex Gold and pay in full each month. Spent years paying off our balances and even longer making only the minimum payment. Now, we’re using credit responsibly and educating ourselves on how we’re gonna use our points! We were slaves to the lender, but we learned the hard way that we can take advantage of the game too!
Why would you have so many credit cards 💀 did you have no basic financial knowledge or common sense?
Why 17 credti cards💀💀
@@kevinlee8202 fr they goofy for that 😂
U silly 😆
you didnt need his channel 10 years ago just common sense
The Discover Student card did really well for me as my first card. Plenty of cashback, good sign on bonus, no annual fee, and they repeatedly upped my credit limit since I was using it wisely. Plus a little extra credit limit for referring a friend. I loved it.
They also have this thing -- that I never utilized unfortunately -- where they will give you $20 a semester for good grades
Really? I have the discover student card and will be a student in the fall!
@@kinleylewis1677 Make sure you use it wisely and take full access of the grades benefits
@@Nascarnate100Sadly they removed the reward for good grades but the Discover Student credit card is a great card
I believe they will give you a $100 statement credit for referring a friend plus $100 to your friend the first time they use the card, which is pretty awesome, especially for a card with no annual fee.
@@malikelshabazz3192 ah rip. It was really easy to get too - like just a 3.0 or something gpa so as long as you’re not brain dead it was free money
23 and in the military enjoying platinum, sapphire reserve, hilton aspire, and venture X all for zero annual fee 🎉
I wish I had known about this when I was in the service. Had to sleep in the terminal once due to a cancelled flight. It'd been helpful to have a card for those emergencies. Especially a sweet one like the VX or Platinum.
@@scarling9367 Yea the military usually books us the worst schedule and layover flights 😔 i had to pay outta pocket to adjust it to a better time
I am currently in college never had a credit score since my parents never gave my authorization, but I was actually pre- approved from chase themselves for the freedom flex or unlimited, I went with flex, and now I have been finding not only your videos helpful, but also everyone else’s in the credit card genre. Thank you for this video and every other videos that helps people like me applying for their first credit card :)
Do you have a good Debt to Income ratio? Pretty surprising for any credit card to pre approve without any credit history.
@@Uniacoty If you have more than 6 months of baking with Chase, that's good enough.
@@Uniacoty Jesus loves you so much he died for you and rose again for you so that you could be saved from hell, repent and believe the Gospel
@@huyanh995 Jesus loves you so much he died for you and rose again for you so that you could be saved from hell, repent and believe the Gospel
@@Matthew34801????
recently my finances got way out of control. I overspent, missed a payment, and nearly maxed out 2 cards, now Im doing whatever it takes to bring my score back up, so this is very helpful!
Build wealth and stop spending money you dont have. You don't need a credit score of you dont need credits!
What are the best strategies to protect my portfolio? I've heard that a downturn will devastate the financial market, so I'm concerned about my $200k stock portfolio.,
Review your portfolio with a professional and don't make the same mistakes again. Diversify, as in your stock portfolio, and hopefully consult a professional. The key to building wealth is long term. I learned 10 years ago that you have to keep emotions (rookie) out of your investment decisions at all cost. Now, i've made over 800k in profits from my 350k investment.
I've been in touch with a financial analyst ever since I started investing. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders
Market behavior can be complex and unpredictable. Mind if I ask you to recommend this particular coach to whom you have used their services?
'Grace Adams Cook' , is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
I am 18 and in college so I am getting my first card that I can actually use as an adult. This video was super helpful and entertaining. Deserves a Like and Follow. Thank You John.
Jesus loves you so much he died for you and rose again for you so that you could be saved from hell, repent and believe the Gospel
I'm shocked to learn I did it mostly right. Amex Platinum/Barclay's AmericanAirlines/Amex Hilton are my 3 goto cards. Oldest is Discover, which I've had for 37 years - I was one of the original Discover card holders when it was new because I had a Sears card, and Sears Cardholders were given first crack at Discover.
Best part is learning about adding my soon 15 year-old daughter to get her on the right track. I hadn't thought about that yet. Good to know.
Getting added as an authorized user is one of the best things you can do for someone you trust. However, you can still be really successful in the credit card game without it! I feel like that's something that should be harped on more though. It's awesome to be able to hit the ground running in the credit card game when you're 18 if you can.
I agree. I was never an authorized user but I opened a couple of cards after my 18th birthday and now have a 760 at 19. Very doable if you keep utilization low and pay on time.
@@samicheaitani5630 That's great!! Keep it up!
Some people don't have the option of becoming an Authorized User. I didn't. I started with a secured credit card and slowly built my credit to a 760 Fico score.
I got the preferred at 20 years old. Will soon move into a AmEx gold or a Venture X. All this because I have planned a few trips for next year.
I am 20 and I have 4 cards. Started with the chase student card, then got the discover student card. Recently I got the chase freedom flex as well as the chase sapphire preferred. Paid them off 100% every month and have 130,000 rewards points to redeem on travel. My credit score is above 747+. Doing very well with my credit for my age. The chase cards working together is just perfect.
Wow that’s awesome. I’m 18 and just got my first card. You definitely are a good model for how I wanna be with my credit card usage
@@parkerburgio awesome to hear! Try to keep your credit utilization under 30% and don't miss a payment and you'll be great! Look into how to maximize your credit card rewards points for travel. Once you Learn that it's a game changer
@@corchfpv7809 thank u 🙏🏼
Hey man that’s pretty awesome! I’m 20 as well and so far have the discover student card and the bilt rewards card with around a 750 credit score. I’ve been looking to get my first travel-focused card. How did you stack up 130k reward points so quick?
@@rijulranjan8514 Hey man, it sounds like you're on the right track. I got the Chase freedom flex and saved the 20,000 welcome bonus. I ended up getting the Chase Sapphire preferred when they were doing the 80,000 point, welcome bonus. I have one referral to the card as well for another 15k points. The rest of the points I have been just getting from using the credit cards.
Im currently 16 trying to start my journey, I plan to be an entrepreneur, knowing this is a complete game changer, i will be definitely taking advantage of this.
On time and in full. Great advice to get this engrained early.
If you want to build credit under 18 I recommend step. If you can’t become an authorized user on someone else’s card. I’m 13 and by 18 I should have a good credit score
If you’re a school employee in the 18-21 age, you should look into opening a SchoolsFirst Federal Credit Union account and apply to their MasterCard School Employee card. This was the best decision my dad helped me with and now I have a healthy history of credit with no debt while getting some other benefits from their bank.
For any military, amex does not charge you an annual fee if you call and prove youre in service*
He’s 100% right about the making they payments in full and on time, I got the Amex gold card at 19 and the platinum at 20 just by doing these two things
Treat credit card like it’s a debit card. Never spend more than you can pay off right now
I work in the credit field and this is such a useful video. I will say people who don’t use credit cards are losing out on free money, trips, and hotels too.
The pay in full tactic when you were growing up is amazing!
hey, isn't it too risky to have to many cards open tho? just sayin lol
also, lets say parents have a bad FICO score, is the option of not merging accounts better for the kid? since their score reflects on them? would opening a card alone be better or what is best to do when you don't have a good representative to represent you?
@@samiraxrsI know it’s been a month but my mother has horrible credit so it was best for me when I turned 18 to open a credit card with just my information
Just turned 20! So far I've got 4 cards!
BOA (2021)
Chase Freedom Unlimited(2022)
United Explorer MileagePlus (2023) First annual fee but first year they waived it!
Chase Sapphire Preferred (2023)
How you get Chase? I tried getting with them and got denied:/
@@DeactivateMe27 you need a starter card for around a year then head into chase like freedom unlimited or flex but then have that for around a year then go for csp
Whenever I don’t like a popular movie I feel pressured to agree with the mainstream because I am bad with words and can’t justify myself, so videos like this really help me
i have recently came out of college (UK so age 16-18) having completed a business course which was about 3 hours a week (we do 3 or 4 courses here) and i thought that everything in this video was the basics which i understand after watching and the comments that people dont always know this stuff. i think the exact course that i have done should be taught to everyone at at this age. it would definilty stop so many people stop getting into debt.
Shiiit, by age 21 I was already approved for the Chase Sapphire Reserve. I'm going to brag here a bit and say I felt so cool getting into these priority lounges and being one of the only people in their with a full head of hair lmao
Im 26,
Currently have:
Chase Freedom Flex
Chase Freedom Unlimited
Chase Amazon Prime
Amex Gold
Citi Custom Cash
Hoping to add Chase CSP once im no longer at 5/24
Omg dude 😂 ☠️
I only wish I had learned about this earlier in my life. I'm still fairly young but I would've loved to have this knowledge 10 years ago. Great video.
Same here bro. I’d be in an even better position.
bro doesn’t realize how much he’s helping us 18-20 year olds
I def learned something from this video and makes sense as I'm tryna buy my second property. I messed up when I was younger but your video has really helped me rebuild my credit and now I'm sitting nice and retired by 28.
I'm 19 working a full time job in IT and I have 5 cards now. In order of when I got them Wells Fargo active cash, BCE, Amazon prime, AMEX Gold, and Freedom Unlimited. Love your content! That's why I am where I am in this game!
Im 19 and have 4, NFCU More Rewards, Amex BCE, Amex BBP, and the apple card, will apply for a chase card real soon. May i ask your credit limit and score? im at 20k combined and 750!
@@jonathanguzman9725 I'm at 10k not counting the gold card and I'm at 720 because of student loans taking my score way down!
@@jonathanguzman9725 damn bro that’s wassup , im 19 with a capital one savor and discover it, with $6,500 total and 746, im tryna be on ur level
@@htownvlogs3883 keep making your payments on time. I got a QuickSilver, the Apple Card, Chase freedom unlimited, the Amex blue cash preferred, and Citi custom cash up to 5% back. I also was approved for a 2019 civic my score is about 760 and I’m 21.
Also, keep your utilization low. Pay in full if possible or the entire statement balance, and also don’t close any accounts unless you got a sucky deal(and you dont)
Hey guys, I’m 20 I have 2 cards capital one platinum and Quicksilver combined 2.5k.
What should be my next card? I’m think chase freedom or Discover.
I'm currently a College student but I have a 780 credit score. I did months of research, and finally paid off.
19 Years Old. 7 Personal Cards, 2 Business Cards. Discover Student Cash Back, Apple, Chase Freedom Flex, Bank Of America Customized Cash, Amazon, Amex Gold, Capital One Savor. Chase Preferred and Amex Blue Business Plus. 300,000 Chase Points, 100,000 Amex Points. and $1250+ in cash back combined.
I’m 18 and i have a gold Amex with 700+ credit score just working out my history now
im 20 and I have 2, 1 I got one from a local credit union when I turned 18, and the Capital One Saver that you recommended a year ago. Score is 754, think its a good time to include a new card to help lower utilization across the board but not sure which.
I’m 21 I have like 5-7 cards with 43k credit limit. Started with discover secured card, then went with chase freedom flex then the shappire preferred. Most recent card is the venture x. Highly recommend it. Credit score- 740ish
I am 25 no credit cards but need to build my credit but after this video pretty confident on which one to start off with
I'm 20 and I just hit 780. Started off being an authorized user on my brothers amex gold at 17. At 18 I instantly got discover it student. Next card was the venmo card and it was kind of shitty but it was generous with the credit limit. After that I got the chase freedom student then freedom flex. Freedom flex was my everyday card up until recently when I got my own amex gold.
why go from the discover it card to the freedom student? the discover one looked like a better option all together
im currently 19 i have AMEX Plat & Gold, CFU, i did add my siblings to my CC as a AU, but they are not given the card its in a "Sock Drawer" all my cards are paid off. now im teaching my friends and family how to manage CC's and give them finance tips, im looking foward to getting CSP as my next card then CFF so i can get a chase trifecta
i want to get 2 chase cards before the 5/24 rule kicks in
@Eli Toiv yes i travel for work, more then 20+ times for a year so it something i use to my advantage really it is amazing thing to have. but the high annual fee is crazy but the perks makes it worth it, but i was so quick to jump on it is because i got a 150k WB offer so i couldn't pass on it for my amex gold i got it with a 90k WB so im trying to aim high with the WB before i get the card
@@eli_toivas someone 19 with a plat. Sometimes the math just works out really well. College kids are really into Uber, subscriptions, traveling and sometimes even gym memberships. It’s also a nice flex to pull out a platinum as a student.
Hello everyone well I just got my first American Express card blue and it’s very easy to be responsible. I have one credit card. I just finished paying off and I have one that I’m using finishing paying that one off and then I just use one at a time. That’s a smart way to do it. I don’t know.
21 with capital one platinum, capital one savor, and Amex gold
I started with a discover it cash. I swear it was a student card but I can’t remember- super helpful for learning how to use categories right and just learning the system.
don't let anyone make you think you should have a bunch of credit cards, it's not worth it racking up all that debt and you will max the cards out and spend way too much money, it's not worth it.
Wait how are people getting the quicksilver at 22 I just turned 18 and got approved for it and I don’t have any credit history my goal is to get the Amex gold by the time I turn 19
I didn't start building credit until I turned 21. I'm 23 now with over 15k of credit and a score of 750 😎
I hope to be you soon! I just started
Super insightful! I hope this helps other people too. Made me think about adding my little brother as an authorized user to help him gear up for his financial future. Thank you!
Once you get a property I’d get a Home Depot and / or Lowe’s card. Lowe’s saves 5% with an occasional 10%. HD throws offers now and then. Comes in handy when doing a DIY project
I'm 29, never owned a credit card because I was scared of being caught in spiralling debt as you hear it so often. Now I have no credit history so need to get started 😆
Thanks for your advice and info!
Hearing you say 1 card at 18-21 as I sit here with 7 cards at 19... all paid in full always though!
Bro how?? I’m 27 and only have 2. 😂
i have three unsecure credit cards. two of them being gold amex cards, and one capital one card, with a fico score of 759 at the age of 19 with the help of no one. dont really know how i got here but im patting myself on the back. i love credit and the benefits it can give you
I got a sapphire preferred at 21, been paying it in full every month for a year. About to finance a car, sapphire definitely helped with the credit score lol
Got my AMEX GOLD card this year @ age 21 🙌
Thank you! I don’t have anyone to help me or point me in the right direction so I really appreciate this more than you know
Im stuck between cash back vs travel points. I'd love to build points towards my annual trip during the summer... but i know ill get way more from a card that benefits me buying groceries at least 2-3 times a month...
Im 26, just got approved for the capital venture X and getting it next week! Super excited
It’s a great card bro! Enjoy the lounges and don’t forget to pay your phone bill with it! You get insurance if so!
Where were you 10 years ago when I was 18 and making all these mistakes ? 😫😫😫😫 thank you for making this video cuz it’s gonna save so many people financially ❤❤❤
I have 37 of my own credit cards and im 3 months old. Yall have no excuses
I’m 35 and in my 20’s I made a LOT of uneducated mistakes which affected my credit file. Only this year have things changed. I now have 5 credit cards 😅
I got approved for $1,500 discover card the moment I turned 18 and I would spend a lot of money but I just paid it back on time and in 6 months I had a credit score of 705. It’s super easy to build credit
Dave Ramsey would love this
18 with Quicksilver, Discover, and Platinum. Have strategic uses for them all. 730 credit score.
Hey I’m 20 with Platinum and Quicksilver. Should I open Chase Freedom or Discover next?
for the authorized user, you can easily set low spending card limits and it allows your credit to grow
I’m 16 I have no job (yet) and I’m getting the J.P Morgan reserve card 😤
I’m 20 and have 5 cards. At 18 I got the discover it put 200 dollars down. 6months later I got the Apple Card. 8 months in I got the citi double cash. At 20 years old/ 2 years in I got chase freedom and flex.
whould it be ok if you apply for Bilt credit card even if you don't pay rent?
I got a capital one at 18 then upgraded to quicksilver few months later and ended up upgrading to savor one by 19 which I am very happy with
Amex gold at age 19 and I love it, when I was 20 I stupidly got the Apple Card. I now also have the Amex Platinum and green at age 21. I love AMEX. I roll over all my points and I have been flying for free.
As 20 years old I would say, yes, the age brakets do make sense. Also, I am suprised from the sheer ammount credit cards that you can get in the US. That's seems intersting
I went from investing to credit cards!
So far this is the best video I've found explaining when and which cards to get. I'm almost 21 and I'm looking to apply for my first credit card. My credit score is 682 from a secured savings loan I did through my bank. The Discover it is a card I've been looking at simply because their customer service is phenomenal from what I've witnessed second-hand. I'm thinking I could also apply for the chase freedom student card as well and eventually upgrade both cards.
Thank you for the comment and I'm glad it helped! At around 682 you're definitely in range for the student cards. You can't go wrong with either Discover or Chase on that end. Best of luck!
you could also get a secured loan witch means the bank gives you a loan on money you own giving you credit history even at a young age
Crazy how RUclips has taught me more than school..
Doctor of Credit, The Points Guy, reddit/Credit Cards great to go down the rabbit hole
I am in love with CHASE now
I'm 24 and a student again. The first card I got was the Chase Freedom Unlimited. I knew nothing about credit cards, so, I started my credit journey with a mid-level travel card. There are definitely things I wish I knew before getting that card. When I got that card, I was in college, and when COVID-19 came to the US, and took a much needed gap in my education. During that gap, my credit limit increased. I am just now learning that it increased because I was 22, not in school, and had a well-paying job. Again, no one really taught me about credit cards, so I maxed it out on a trip I booked a few months later. I'm still paying that off (barely). I am now trying to course correct. Would getting a beginner card now, and paying it off entirely every month, help do that?
Your biggest priority would be to pay off that card as fast as you can (obviously easier said than done). If you think your credit score is good enough to apply for a beginner card, do it! If not, get a secured card. But make sure you are still paying off that other card. Remember to treat your credit card like a debit card. Only spend money that you have and you'll be good
what was your score when u got the card. I'm building up my credit and that's the card i want. idk how u got it as a first card
@@Mikel-vp8nm i would recommend opening a checking account with chase and connecting your income from your job to it. That way they as a bank can see you have a consistent stream of money coming in and they’ll trust you more to apply for the card
@@Mikel-vp8nm I had a college checking account with Chase for a few years before I applied. When I applied, I went in person and spoke with someone about my card options. They were nice enough to help me find ways to meet the income requirement. Since I was in university, they said it was okay for me to count my student aid as income along with my part-time job income. That's how I was able to get it. I recommend talking with someone in person. They are much more likely to help you out that way--at least in my experience. :)
Under 18 can get a credit card on their own. Got mine from a credit union. That was over 2 decades ago. I still have that.
I'd play around with the frame rate on your camera. The lights in the back flicker so you may have to reduce it to match speed of how light travels to your camera! Makes a big difference with neon lights or any other source of light if you ever see flickering.
I’m 18 got my cc 6 months ago and I have 734 score I feel like a champ 😂 getting my 2nd card tonight
im 20, own my first house now (its a Duplex for rental income) and have the AMEX PLAT, AMEX everyday, a about 3 more cards
21 with
Chase Freedom unlimited
Amex blue cash preferred
Chase Amazon prime
Venture X
24 with 13 credit cards, always make sure to pay my balance in full and on time to avoid interest and under 4%of utilization out of 48k limit
john you awesome bro.... i've watched a few of your videos n learned so much... ive been in the credit game for almost 30 years... ive always just paid the minimum ( even tho i knew i should pay more)... but i just never had the job that paid enough to pay more( main reason y i got a few cards is to supplement my income but i never realized it was hurting me so bad by not paying in full and keeping it under 30)
These are good conservative categories. I had 25 cards at 21 years old. Now at 22 I have 30 😂. So, much more if possible if you want it.
I got to the us and just got my social and tax , i start a new job in August, I really want to make sure i get all the cards and advice to make sure I can maximize my savings / money. Thank you to those who take the time to reply.
You can use a greenlight card or Step
I can't find the student freedom anywhere
I am 52. I have never used credit cards until recently. I got a Lowe's card a year ago for the sole purpose of getting something on my credit report. Because I had always heard that not enough credit accounts is bad for your report. But the commentary here seems to be in conflict with that. What am I missing? I watched this, planning to add another card to try to raise my score. My report is near perfect, yet my Transunion score is only 682. Frustrating.
I have added all my kids when they turn 11 yrs of old. My navy federal flagship is 78k the whole family is on that card.
I’m 19 in college, I have 5 cards including a platinum and sapphire preferred(the math checks out for credits). My parents added me on as a AU for a gold card so they know my history pretty well. I have a good amount of points between chase and Amex and miles with delta. Probably gonna move into Capone and the bilt card soon. If the math works out why not move up now.
How have you been redeeming your points?
@@LK_EBM waiting for my roommates to start their internships so they have enough money to travel. I’ve been holding off which isn’t the best idea but hopefully can use some of those points soon. Worst comes to worst most of those chase points will give me 1.25 back on a new laptop and the Amex points will be used exclusively for travel
Yoo that's cool bro I just turned 20 and I got the sapphire preferred, trying to get those bonus points because I will travel at the end of the year. I'll either move into a gold card or a Venture X.
@@jordangetial5702I just turned 21 and I would say get the venture X if you travel a lot. Incredibly worth it man!
@@miguelfranklin6427amex better for travel , I get free flights with points
None of them, reject debt, reject the u.s dollar, break free and actually own what you have.
im 19 studying in the US and it is literally impossible for me to get a card here...at least rn it's not possible, maybe next year tho (don't have ssn). While also simultaneously having CCs for travel (access to airport lounges worldwide and points can be claimed at Gucci, and such brands) and, general shopping (online and in-person at select stores) my bank back home has to offer 💀
Damn I just got the Amtrak credit card at 22. This man knows his stats.
My first card was a chase freedom student and I got a 700 after a year, then got the chase freedom unlimited once I turned 19. Ima tryna get the chase trifecta before I get an Amex card.