Loading…
16
Walked into my bank in Tampa and the advisor tried to push a card with a $150 annual fee for 'building credit'.
Honestly, I think that's a scam for newbies, but my friend says the travel perks make it worth it. Has anyone actually built good credit with a pricey card like that?
4 comments
Log in to join the discussion
Log In4 Comments
williams.luna3mo ago
...and honestly, I went for it with a card that had a $95 fee a few years back because the rewards looked good. I was new to credit too and scared of messing up. But what really helped was setting up autopay for the full balance every month, no exceptions. That way I never missed a payment and my score went up fast. The fee stung at first but the travel points actually paid for themselves after a couple trips. Just make sure you actually use the perks, otherwise you're flushing money down the drain for nothing.
5
joseph9575mo ago
Focus on the fee, not the credit building. Any card builds credit if you pay it off each month.
2