Jump to content

  • GUESTS

    If You  want access  to member only forums on FM, You will need to Sign-in or  Sign-Up now .

    This box will disappear once you are signed in as a member.

  • 0

Credit Card

AaronM

Asked by AaronM,

 Share

Question

AaronM Experienced

AaronM

Posted
Posted

Before I ask this question, please do not post replies with how you don't need credit cards and how terrible they are. I never carry a balance with mine, and appreciate the rewards and short term "free money" benefits I gain from them, not to mention the greater protection compared to a debit card.

My question: I have one personal Discover card with a small credit limit. As I try keeping my card under 30% of my limit, I am fairly restricted with what I can put on there. I also have a Visa jointly with my mom to reap the benefits of her immaculate credit history. I do not use this card.

My problem, other than the small credit limit, is that some places do not accept Discover, to which I am forced to use my debit card. I hate having to carry it around in case it gets lost or stolen.

Would it be detrimental to sign up for a third card? If so, what is recommended? I'm moving out East and must make sure I have my bases covered.

Thanks for any help!

Link to comment
Share on other sites

10 answers to this question

Recommended Posts

  • 0
Nick Kuhn Mentor

Nick Kuhn

Posted
Posted

I'd get a Visa: I can't think of a single place that doesn't take it. As far as which one: usually your bank can offer one. Mine is through my bank and it makes it very easy to pay off the balance each month. Frankly, I use my card for everything I possibly can (as I budget so I know I can pay it off fully each month). You build up rewards points in a hurry that way. Rewards basically amount to 1-3% cash back on any purchases you make. Just select a program with no fees.

And in general occasional inquiries into your credit helps your credit score. Having a second card, regardless of it's limits, will help your credit score as long as you make all your payments.

Link to comment
Share on other sites
  • 0
FlagsDown Apprentice

FlagsDown

Posted
Posted

Have you tried calling Discover to raise your limit? If you've been a good customer(paid on time), there's a very good chance they'll raise your limit. That won't help you if a place doesn't take Discover, though.

Why can't you use the shared Visa for larger purchases or other purchases as long as you keep your mom in the loop?(and pay the bill!)

Unless you're buying a house or making another large purchase in the next few months, getting another Visa and using it wisely is not going to hurt your credit score long term.

Link to comment
Share on other sites
  • 0
LightningBG Mentor

LightningBG

Posted
Posted

going over the 30% threshold within the month wont hurt you at all, its when you carry a balance of over 30% that you get dinged.

you could either use the joint one or get another one, either way will be fine for you.

Discover is goofy. I have a card from them and it has a limit of $1950. I asked them to raise it and they refused. I only use it for gas, so it doesn't really matter too much.

I think I have 3 or 4 other cards, and each one has a limit of over $25K. Kinda weird discover is such a stickler.

Link to comment
Share on other sites
  • 0
Getanet Mentor

Getanet

Posted
Posted

I actually like having one card with a low limit for online purchases. I have a card with a high limit as well, and if I was the victim of identity theft I'd hate to see the charges someone could rack up before it came to light. I would imagine the CC company would ultimately deal with it, but I'd rather not have the headache.

As for the original question, this website may help. It divides the offers up based on the type of credit you have or what type of rewards you're looking for http://www.creditcardguide.com/

Link to comment
Share on other sites
  • 0
Ufatz Veteran

Ufatz

Posted
Posted

Get a Cabela's VISA Card. It will allow you to use your points to buy fishing and hunting gear. They are GREAT people to do business with...never filling your mailbox with junk mail like Discover does.

Link to comment
Share on other sites
  • 0
AaronM Experienced

AaronM

Posted
  • Author
Posted

Thanks much for the help! Amazing the wealth of knowledge on here. Thanks for the thread a few pages back, I missed that one and much obliged on the information Lightning. Sounds like I'll be sticking with the two I have for now.

Thanks again, and have a great day all!

Link to comment
Share on other sites
  • 0
harvey lee Grand Master

harvey lee

Posted
Posted

The GM cards are nice also as they build money for that day when you need a new cat or truck.

WE pay all of our monthly bills with a CC and recieve many bonus-reward points for free card offers.

Just as easy to make one payment to the CC company instead of all the other monthly bills. Heck, Dish TV even gives us a 5% discount on the bill if we pay automaticly with a CC. Then the 5% rewards and one has a 10% discount on the Dish TV bill monthly.

One is never late with a payment for the monthly bills as they take the fundds out right away when due.

less garbage in the mailbox like bills.

Link to comment
Share on other sites
  • 0
Lip_Ripper Guy Proficient

Lip_Ripper Guy

Posted
Posted

I used to have a couple cards, Cabelas Visa being one of them. About 2 years ago I switched to a Cabelas Visa debit card from US Bank and haven't looked back. I still get Cabelas points, and never have to worry about paying a credit card bill. All the benefit, none of the drawbacks. I use it for 95% of purchases.

If I have something that is over my $1500 daily limit, I have a credit card for that.

Link to comment
Share on other sites
  • 0
Eckie Community Regular

Eckie

Posted
Posted

The GM cards are nice also as they build money for that day when you need a new cat or truck.

Who knew you could build points that could be used towards the purchase of a new cat!

Sorry -- I laughed out loud at the typo!

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Answer this question...

×   Pasted as rich text.   Restore formatting

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
 Share
Go to question listing


  • Your Responses - Share & Have Fun :)

    • mulefarm
      Big Kandiyohi

      By mulefarm · Posted

      With the early ice out, how is the curlyleaf pondweed doing?
    • LakeofthewoodsMN
      Big Traverse Ice Free

      By LakeofthewoodsMN · Posted

      On the south end...   The big basin, otherwise known as Big Traverse Bay, is ice free.  Zippel Bay and Four Mile Bay are ice free as well.  Everything is shaping up nicely for the MN Fishing Opener on May 11th. With the walleye / sauger season currently closed, most anglers are targeting sturgeon and pike.  Some sturgeon anglers are fishing at the mouth of the Rainy River, but most sturgeon are targeted in Four Mile Bay or the Rainy River.  Hence, pike are the targeted species on the south shore and various bays currently.   Pike fishing this time of year is a unique opportunity, as LOW is border water with Canada, the pike season is open year round. The limit is 3 pike per day with one being able to be more than 40 inches. All fish 30 - 40 inches must be released. Back bays hold pike as they go through the various stages of the spawn.  Deadbait under a bobber, spinners, spoons and shallow diving crankbaits are all viable options.   Four Mile Bay, Bostic Bay and Zippel Bay are all small water and boats of various sizes work well. On the Rainy River...  Great news this week as we learned sturgeon will not be placed on the endangered species list by the U.S. Fish and Wildlife Service.     The organization had to make a decision by June 30 and listing sturgeon could have ended sturgeon fishing.  Thankfully, after looking at the many success stories across the nation, including LOW and the Rainy River, sturgeon fishing and successful sturgeon management continues.   A good week sturgeon fishing on the Rainy River.  Speaking to some sturgeon aficionados, fishing will actually get even better as water temps rise.     Four Mile Bay at the mouth of the Rainy River near the Wheeler's Point Boat Ramp is still producing good numbers of fish, as are various holes along the 42 miles of navigable Rainy River from the mouth to Birchdale.   The sturgeon season continues through May 15th and resumes again July 1st.   Oct 1 - April 23, Catch and Release April 24 - May 7, Harvest Season May 8 - May 15, Catch and Release May 16 - June 30, Sturgeon Fishing Closed July 1 - Sep 30, Harvest Season If you fish during the sturgeon harvest season and you want to keep a sturgeon, you must purchase a sturgeon tag for $5 prior to fishing.    One sturgeon per calendar year (45 - 50" inclusive, or over 75"). Most sturgeon anglers are either a glob of crawlers or a combo of crawlers and frozen emerald shiners on a sturgeon rig, which is an 18" leader with a 4/0 circle hook combined with a no roll sinker.  Local bait shops have all of the gear and bait. Up at the NW Angle...  A few spots with rotten ice, but as a rule, most of the Angle is showing off open water.  In these parts, most are looking ahead to the MN Fishing Opener.  Based on late ice fishing success, it should be a good one.  
    • leech~~
      St Cloud Fishing Reports

      By leech~~ · Posted

      Nice fish. I moved to the Sartell area last summer and just thought it was windy like this everyday up here? 🤭
    • Rick G
      St Cloud Fishing Reports

      By Rick G · Posted

      Crazy windy again today.... This is has been the norm this spring. Between the wind and the cold fronts, fishing has been more challenging for me than most years.  Panfish have been moving in and out of the shallows quite a bit. One day they are up in the slop, the next they are out relating to cabbage or the newly sprouting lilly pads.  Today eye guy and I found them in 4-5 ft of water, hanging close to any tree branches that happened to be laying in the water.  Bigger fish were liking a 1/32 head and a Bobby Garland baby shad.   Highlight of the day way this healthy 15incher
    • monstermoose78
      Moose's Report - Cambridge-Elk River-Foley-Milaca-Mora-Ogilvie Fishing Reports

      By monstermoose78 · Posted

    • monstermoose78
      Moose's Report - Cambridge-Elk River-Foley-Milaca-Mora-Ogilvie Fishing Reports

      By monstermoose78 · Posted

      As I typed that here came a hen.  IMG_7032.mov   IMG_7032.mov
    • monstermoose78
      Moose's Report - Cambridge-Elk River-Foley-Milaca-Mora-Ogilvie Fishing Reports

      By monstermoose78 · Posted

      So far this morning nothing but non turkeys. 
    • monstermoose78
      Moose's Report - Cambridge-Elk River-Foley-Milaca-Mora-Ogilvie Fishing Reports

      By monstermoose78 · Posted

      Well yesterday I got a little excited and let a turkey get to close and I hit the blind!!
    • smurfy
      Moose's Report - Cambridge-Elk River-Foley-Milaca-Mora-Ogilvie Fishing Reports

      By smurfy · Posted

      good......you?? living the dream..in my basement playing internet thug right now!!!!!! 🤣 working on getting the boat ready.......bought a new cheatmaster locator for the boat so working on that.   waiting for warmer weather to start my garden!!!
    • monstermoose78
      Moose's Report - Cambridge-Elk River-Foley-Milaca-Mora-Ogilvie Fishing Reports

      By monstermoose78 · Posted

      How is everyone doing? Holy moly it’s chilly this morning I stayed in bed and will hunt later today when it warms up.
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use and Privacy Policy. We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.

  I accept