I recently have been looking for credit card options and stumbled across the amazon card. I applied and discovered a better option that would fit my needs. I quickly went to amazon support to request that they pull the application. This was within the hour. I understand how stupid I was but I don't need two credit cards. I just received the amazon card in the mail and I don't know what to do. How can I not hurt my credit score! I'm lost and keep seeing mixed answers online.

Could someone please explain what compound interest is to me? I don’t have much knowledge with credit cards but was kind of forced/rushed into it by my parents.

I got the Capital One Savor Card and it says it has a 29.99% interest rate. I immediately had to put 1k into fixing my car as soon as I got the card (2k limit).

I only get paid $11 an hour and I’m working part time bc I WANTED to go back to school but I might have to put that off. My minimum payment is $25 a month. I know paying the minimum will accrue interest and even though I can’t pay off the full balance I’ll try to put whatever I can into it.

I saw something today talking about compound interest and although I didn’t see anything on the capital one app talking about it, I googled it and it’s saying that my interest will accrue interest and I’m just really confused. I don’t understand it at all.

If I’m able to put like $100-$200 into my credit card each month, how much interest am I really making by the time I finally have it paid off?? I’m really scared of digging myself into a hole. I hear people talking about paying off a small debt for years and I didn’t want a credit card in the first place because I don’t understand how that works.

Does anyone know if there's a way to COMPLETELY disable the ability to create / use virtual cards with Capital One credit card? Please don't ask why, I just don't want them and don't want access to them. I know I can delete individual virtual cards, but is there any way to completely disable the feature other than closing the account itself?

Got approved yesterday but wondering if it is incompatible with Apple Pay? Is there a way for me to get the card info from customer service before it comes so I can add it to my wallet and use it? I wanted to get some things today from cyber Monday.

Current cards: C1 quicksilver, C1 VX .

Credit score 803

So here’s the story..

I have 2 credit cards with very high interest that I’m looking to pay off, but I can’t keep up with the monthly interest payments because I barely am chipping away at the balance. I had some life events that caused me to run them up heavily… Here’s what I have..

Discover card $7603 (12.72% interest) Apple Card $3942 (20.49% interest)

I’m looking to get a chase card to do a balance transfer to, with 0% interest for 15 months if I put Apple Card balance and some of discover card balance onto it? Thanks so much, hoping to get this weight off my shoulders finally!

Would this be a good way to pay it off without getting slammed with interest every month?

Anybody still use this site? #cc #ccdumps #ccv

Current cards: • Chase Sapphire Preferred, Marriott Boundless, Ink Cash, Ink Unlimited, Ink Preferred + an old Wells Fargo card • FICO Score: 800+ • Oldest account age: Wells Fargo card is 15+ years • Income: $250k+ • Average monthly spend and categories: Varies across cards but $2500/mo • Open to Business Cards: yes • What's the purpose of your next card? Looking for lounge access for upcoming travel • Do you have any cards you've been looking at? Upgrade Chase Sapphire, AmEx, Cap1, AA • Are you OK with category spending or do you want a general spending card? Any is fine •••••• Husband and I have three overseas trips in 2025 (two to Asia, one to South America). Long haul flights will be on OneWold airlines, and 50% of hotels will be Marriott. No concerns about $7-8k spend across three months

What credit card do you recommend for lounge status? I’m struggling to identify the best option:

• do the AA cards provide access to all lounges in the OneWorld alliance (Qatar, Turkish, etc)?
• prefer to not have to pay for one guest each visit or authorized user (we only need one card)
• is priority pass useless at this point after too many overcrowded lounges?

International home airport is Dulles/ Washington DC. Domestic is DCA- most traveled domestic is DCA to Chicago or DCA to ATL. I know people hate the Marriott card but I am 30 nights away from Marriott lifetime platinum and then will ditch this card.

Current cards: (list cards, limits, opening date)

BoA rewards, 9 years old, 3200 limit

Costco visa card 2 years old, 6300 limit

Chase 5/24 status: n/a

Income: $75,000

Average monthly spend and categories:

dining $100

groceries: $200

gas: $100

travel: $500

other: $200

Open to Business Cards: No

What's the purpose of your next card? Travel and cashback. I travel 3 times a year and spend around 2000 per trip (I am a surgical resident so my spending habits may be unusual). I like to take domestic and international trips. Using points for these trips is my biggest motivation for this post.

What cards have you been looking at? CSP but I hesitate because many people say they never use the travel portal

OK with category spending or do you want a general spending card? Ok with either

My question is as follows:

I make regular purchases with my Prime store card and have autopay set to pay the statement balance.

If I make a promotional 12 yrs purchase at 0% (say $1200) How should I set autopay to prevent interest without paying the financed amount all at once?

Other cards like the Amazon Chase card have the following payment option in addition to miminim, and statement balance :

“interest saving amount”

With this option each month I get charged what I own from regular purchases plus the month’s payment for the 12 month financed item.

Please help on how to accomplish this payment in the Amazon store card with autopay.

Thanks!

I am wondering if their is a maximum credit (across all revolving credit cards total credit limit colbined) companies will be willing to issue to and if reach that arbitrary amount does that mean banks will not issue any further credit increases or whatever? Like if I were to increase credit limit on my $5000 Amazon store card from synchrony could that impact other credit card limit increases on other account with synchrony? And what about with other banks? I know no exact number could be given on what a max limit total might be just wondering if that exists to the related questions/examples above. just wondering if increasing limit on store cards like that I don’t use much would/could impact limit on regular credit cards available to use anywhere. for reference I have a 709 TU and 730 Equifax scores with $240k income and 20 accounts with a total credit limit of $65k.

My credit card balance is negative indicating i overpayed but my credit limit is still showing maxed out. What should I do?

I recently attempted to buy something online, but recieved an error code and no product. I checked my credit card account to see if I was charged on accident. Instead, it shows 2 pending charges one postive and one negative. Does this mean the merchant isn't going to process the order since it cancelled itself out? What does this exactly mean?

Or is there that chance it actually charges and I have to contact the merchant and my credit card company?

Hey everyone this is my first post on reddit ever! So excuse me if I say something dumb as I am new to the whole credit card business.

For a little background I am currently a senior in college with one credit card that I open a few months back. I recently signed up for the Prime for Young Adults account as I needed to purchase a few things for school that I need here ASAP. So as of right now I am currently on the 99 cents free trial of amazon prime for 1 week.

Of course as soon as I signed up and went to check out they hit me with the Amazon Visa offer for a $200 gift card upon approval for the visa. This gift card would completely cover these needed college expenses.

My plan was to cancel my prime membership immediately after receiving my ordered items as I do not use Amazon enough to justify the Prime membership.

So my question is, should I sign up for the Amazon Visa for the $200 gift card only, and then cancel both the card and the prime membership. What will happen if I cancel both? What will happen if I only cancel the prime membership?

Thank you to everyone that can help! As a broke college student this $200 gift card would help but I really have no use for another credit card!

I am 20 turning 21 full time student, with consistent income coming in with a fulltime job. I have a discover one card for 2 years now I only have a $1500 limit, 3% revolving utilization, and a 788 credit score , I don't really use the benefits that come with it because they do not apply to the things I buy, I was curious if I should start looking for a second credit card to kinda I guess make a step up? Please let me know recommendations or if I should just stick with the discover one card. Thank you in advance.

I couldn’t copy the Credit Card recommendation template but I have:

• 3 Credit Cards • 5/3 trio card • US Bank Go Card • REI Card
• FICO: likely high 600s/low 700s
• Oldest Card: 5 years give or take
• Annual Income: $50,000
• No Business Cards

I’m looking to get my first travel credit card so i can save money on flights. I’m not that concerned about perks on hotel bookings, uber credits, etc. As of rn i only really fly once a year but in 2025 I am likely flying twice. I obviously would like to fly/travel more, but idk if that’s something i’ll be able to afford in the next few years.

Through the research i’ve done it seems like getting a Skymiles card or another airline travel card might benefit me the most since i mostly just want to earn flights.

Whether you agree or disagree I’d love to hear any advice/suggestions

I recently signed up for a credit one card. I know, I know, they suck. My credit has been in pretty poor standing as I was irresponsible 8 years ago as an 18 year old with new credit cards and never made payments on it until it was a delinquent account. 8 years later, I now trust myself, I have a 680 score, and decided to open up the credit one account as credit karma recommended it with the highest approval odds.

Because the interest rate is insane, and the rewards are not good, I don’t want to use this as an every day card, just to rebuild credit. My question is, how long can I expect it to take for other card companies to approve me for something better? How long would you recommend I wait? and what cards would you recommend for my next one? Any other tips for continuing to rebuild my credit is helpful. I am committed to paying off the full balance each month and keeping utilization under 30%.

I read somewhere that the Amex Schwab Investor card has a new design. I can't seem to find any pictures of it. Does anyone have any pictures of the new card design?

Got a card with 0% APR for 12 months. Minimum payment on my first month’s balance is $25. Current balance is around 6k. If I pay just the minimum balance, that means I won’t be charged interest or late fees right?

I have always paid my balance in full, so this feels very strange to be doing.

Also, how will paying the minimum balance affect my credit score?

Hi all!

I've recently gotten a Amex platinum, for mostly the travel benefits. But while being a great card, the points on day to day purchases, and anything that isn't directly travel isn't great. I do a lot of purchases for my work that are later expensed and I'm looking for something that will get me the most value out of all that's spent. What I've looked at so far, is the Chase Sapphire Preferred and the Capital One Venture X. Looking for some input, anything helps!

Currently, I have one credit card that’s been open about 10 years.

Long story short, medical issues kept me out of work for a couple years, and I was recently able to return to work - this time making about half the salary as before.

My balance is $14,710/15,000. Interest is making it impossible to get the balance any lower with minimum payments, and I can barely afford to make them.

I applied for a Chase Unlimited Freedom card today - I like the BT rates and rewards. (0% on BT for 15 months).

The application has a place to specify a BT request, where you enter the transferring card’s account number and balance. Disclaimer tells informs you that BTs can take a few days to process once the application is processed.

Once processed, I received a notice that I was approved for a credit line of $2,400. I could agree to terms and proceed, etc etc.

Question #1: Is there a chance that my BT will be approved for the entire balance of my original card? I’m just not sure if there is a difference between a credit line approval and actually being approved to transfer a full balance from one card to another.

Question #2: If the BT is not approved for the full balance, would I still be able to transfer $2,400 from the original card?

Question #3: Are there any other options/ideas you guys can recommend for my situation?

I’m planning to purchase an engagement ring in the next week or so that will cost somewhere north of $4,000. I currently have just 2 credit cards (Chase Freedom & Slate; both no annual payment). With this big purchase I’m now debating whether I should open another card just to get one of these big purchase sign up bonuses.

I’ve been doing a bit of research on Nerd Wallet, but would appreciate any other information.

Pretty much happy with my setup for now. Just wondering if i should get the Bilt since i spend $2175 in rent every month. Seems like a no brainer but I keep seeing how this card is apparently very susceptible to fraud. Wondering about anyone else’s experience with this. That is the ONLY thing holding me back right now since i see so many posts about it.

If I decide to go for it, when would you all recommend i apply? I just got the Venture X on november 23rd. Thank you! :)

current setup

1. venture X
2. savor
3. amex gold
4. prime visa
5. discover IT

Newish USBAR customer here. I haven’t booked through their travel portal yet. What’s not clear to me is if there is an optimum method to making purchases through the travel portal for earning points

Purchases in the travel portal earn 5x points, 7.5x when redeemed for travel. They also provide an option to pay with points, which reflects the 1.5x boost to your current point balance.

If you were more concerned with building your points, it seems like you should pay with your card to earn the 5x multiplier. If you want to drain your point balance, then use your points to pay for the purchase. Simple enough.

So here’s my question: it seems like with using your points, you’re losing out on the 5x (7.5x) earn opportunity since you’re buying with points. Is this correct, or does it work in some different way where you still earn the 5x multiplier on the purchase when using your points? For example, is the points purchase initially charged to your card and then points are automatically redeemed like a RTR transaction, thus granting the 5x for the travel portal purchase via points, or is there really a potential 7.5x earning loss here being that you’re not earning any points with a straight points purchase?

Hoping to fully understand how this works before I need to make my first purchase.

Thanks all!

Current cards: • Discover It student cashback, $2000 limit, opened february 2024 • FICO Score: not sure, it’s dropped to maybe 500 something • Oldest account age: not even a year (have student loans so if that counts then since 2021) • Income: around $16500 • Average monthly spend and categories: usually just pay rent- $769-$830 gas: $60 groceries: $100 • Open to Business Cards: idk what these are • What's the purpose of your next card? looking to balance transfer from the discover student cashback • Do you have any cards you've been looking at? no • Are you OK with category spending or do you want a general spending card? just need general spending for balance transfer •••••• stepdad was in the hospital for around a month over the past couple of months so a lot of my credit card money went to hotel stays and stuff like that while i’ve been paying rent with my debit. haven’t had a job due to some personal reasons although i’ve been door dashing and such. my “income” is mainly from my leftover grants and scholarships from my school after my tuition is paid. in a tough spot right now and just need to transfer my discover balance to another card so i can get it paid off without the interest and fees cause i cannot make a payment on it right now

Hello, I have credit score in the 800, have 5 credit cards with low balance & pay off every month. I credit freeze 3 credit bureau due to recent news.

I want to apply for the venmo card for the 3% top category. But I was denied twice, one time they said credit report lock, I unlocked report when I apply for the 2nd time but got another letter saying potential fraud & was denied again 😓. I also have a PayPal credit card too and used to use it for mostly everything until they changed to 1.5%.

How do you get synchrony to approve venmo credit application? Thank you in advance.

So I thought about this strategy which sounds pretty fool-proof other than hurting you credit utilization:

1. Get 0% APR credit card
2. Put all purchases on this card
3. Make only minimum payment
4. Put the difference between minimum payment and statement balance into a HYSA (say 5%) from your checking account
5. Use money from the HYSA to pay off card right before 0% APR expires and pocket the compounded interest
6. Repeat with new 0% APR card

P1 sign up bonus offer just ended so I now want to get the flex. Any one go in branch recently and know if they're still offering it?

So I got this letter, and upon reading it, it seems too good of a deal.

0% Promotional APR through Closing Date in November 2025. When the promotion ends they’ll charge you your typical Cc APRs of 26.74%.

Fee: A fee of 3% applies to each transaction

Then is this part that confuses me:

Paying Interest: The Bank will begin charging interest in these checks on the transaction dates

So do I have a promo of 0%APR, but will they charge me interest of the amounts I’m thinking to use?

For the sake of an example, if I get 10000, the fee should be 300usd, right? And if so, when I’m supposed to pay it? By November? Or by the next statement?

And that’s why I think it looks too good of a deal. Where else can I get 10k or 15k, have a year for paying it back, and just get charged 300 or 450 usd?

I know the Credit Card companies play the game where they want us to dont be able to pay it back, and then they feast on theirs APRs.

But at least in my case, I should be able to pay it back. I’ll use the money borrowed for paying fully my car and either put the other part in my business or in the market. And I should be able to pay it fully by November.

So, is it too good of a deal?

I got the citi aadvantage platinum select a few months ago after a vacation I went on. I rarely ever use it and I fly maybe 4 times a year so I’ve been thinking of closing it since I think it’s really not worth it for me.

I have a good credit score (around 740) with my oldest being close to 4 years old. I have 3 other cards and make sure to pay them off on time so I don’t think it would affect my utilization ratio all that much.