Poll of the Day > I need information on churning. There's only one man that can help me now.

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SkynyrdRocker 07/25/17 1:53:56 PM #1:	@CountessRolab @LordBalor4 So I want to get a credit card that has 5% cash back on gas and groceries for the first year. Then it goes to 2% back after that and I want to cancel it then. I need to know what the downsides would be. <cite>SkynyrdRocker posted [p:883572248] in I need inf... [t:75603438]...</cite> <quote>@CountessRolab @LordBalor4 So I want to get a credit card that has 5% cash back on gas and groceries for the first year. Then it goes to 2% back after that and I want to cancel it then. I need to know what the downsides would be.</quote> ... Copied to Clipboard!
argonautweakend 07/25/17 1:56:03 PM #2:	Really all you need to know is pay the balance off every month or if possible every week. Credit cards are actually ridiculously easy to manage so long as you dot sped frivolously and pay them off on time. IF you do carry a balance thats no good as the interest makes getting the cash back essentially worthless. <cite>argonautweakend posted [p:883572390] in I need inf... [t:75603438]...</cite> <quote>Really all you need to know is pay the balance off every month or if possible every week. Credit cards are actually ridiculously easy to manage so long as you dot sped frivolously and pay them off on time. IF you do carry a balance thats no good as the interest makes getting the cash back essentially worthless.</quote> ... Copied to Clipboard!
LordBalor4 07/25/17 2:11:59 PM #3:	Slight ding on your credit report, but will heal after a few months. Not really an issue. Like already mentioned, just pay it off every month so you dont pay interest. My main concern is that that sounds like a kind of crappy card. There are cards out there that will give you a $500+ bonus just for signing up. Does that one even have an upfront signup bonus? <cite>LordBalor4 posted [p:883573306] in I need inf... [t:75603438]...</cite> <quote>Slight ding on your credit report, but will heal after a few months. Not really an issue. Like already mentioned, just pay it off every month so you dont pay interest. My main concern is that that sounds like a kind of crappy card. There are cards out there that will give you a $500+ bonus just for signing up. Does that one even have an upfront signup bonus?</quote> ... Copied to Clipboard!
SkynyrdRocker 07/25/17 2:35:48 PM #4:	LordBalor4 posted... Slight ding on your credit report, but will heal after a few months. Not really an issue. Like already mentioned, just pay it off every month so you dont pay interest. My main concern is that that sounds like a kind of crappy card. There are cards out there that will give you a $500+ bonus just for signing up. Does that one even have an upfront signup bonus? No :( <cite>SkynyrdRocker posted [p:883574613] in I need inf... [t:75603438]...</cite> <quote><cite>LordBalor4 posted...</cite> <quote>Slight ding on your credit report, but will heal after a few months. Not really an issue. Like already mentioned, just pay it off every month so you dont pay interest. My main concern is that that sounds like a kind of crappy card. There are cards out there that will give you a $500+ bonus just for signing up. Does that one even have an upfront signup bonus?</quote> No :(</quote> ... Copied to Clipboard!
SkynyrdRocker 07/25/17 2:36:04 PM #5:	argonautweakend posted... Really all you need to know is pay the balance off every month or if possible every week. Credit cards are actually ridiculously easy to manage so long as you dot sped frivolously and pay them off on time. IF you do carry a balance thats no good as the interest makes getting the cash back essentially worthless. Yeah I know that. I'm more worried about hurting my credit when I cancel. <cite>SkynyrdRocker posted [p:883574633] in I need inf... [t:75603438]...</cite> <quote><cite>argonautweakend posted...</cite> <quote>Really all you need to know is pay the balance off every month or if possible every week. Credit cards are actually ridiculously easy to manage so long as you dot sped frivolously and pay them off on time. IF you do carry a balance thats no good as the interest makes getting the cash back essentially worthless.</quote> Yeah I know that. I'm more worried about hurting my credit when I cancel.</quote> ... Copied to Clipboard!
helly 07/25/17 2:45:54 PM #6:	AmEx cards usually have good signing bonuses --- Vote to keep the ability to hide the tabs on the Xbox One Dashboard https://xbox.uservoice.com/forums/363186--new-ideas/suggestions/19542517 <cite>helly posted [p:883575186] in I need inf... [t:75603438]...</cite> <quote>AmEx cards usually have good signing bonuses</quote> ... Copied to Clipboard!
SkynyrdRocker 07/25/17 2:50:04 PM #7:	helly posted... AmEx cards usually have good signing bonuses I have one already though <cite>SkynyrdRocker posted [p:883575437] in I need inf... [t:75603438]...</cite> <quote><cite>helly posted...</cite> <quote>AmEx cards usually have good signing bonuses</quote> I have one already though</quote> ... Copied to Clipboard!
helly 07/25/17 2:52:20 PM #8:	then why do you want another one --- Vote to keep the ability to hide the tabs on the Xbox One Dashboard https://xbox.uservoice.com/forums/363186--new-ideas/suggestions/19542517 <cite>helly posted [p:883575549] in I need inf... [t:75603438]...</cite> <quote>then why do you want another one</quote> ... Copied to Clipboard!
SkynyrdRocker 07/25/17 2:54:53 PM #9:	helly posted... then why do you want another one I don't want another AmEx card <cite>SkynyrdRocker posted [p:883575693] in I need inf... [t:75603438]...</cite> <quote><cite>helly posted...</cite> <quote>then why do you want another one</quote> I don't want another AmEx card</quote> ... Copied to Clipboard!
Thunder_54 07/25/17 3:36:52 PM #10:	You just reminded me I need to get a credit card to start building my credit. --- http://i.imgur.com/Mi1LkTl.jpg "It's all consensual" - Thunder <cite>Thunder_54 posted [p:883578138] in I need inf... [t:75603438]...</cite> <quote>You just reminded me I need to get a credit card to start building my credit.</quote> ... Copied to Clipboard!
LordBalor4 07/25/17 4:50:29 PM #11:	SkynyrdRocker posted... helly posted... then why do you want another one I don't want another AmEx card Churning is really just about getting signup bonuses. The card I got last month had $800 worth of airline freebies. <cite>LordBalor4 posted [p:883582718] in I need inf... [t:75603438]...</cite> <quote><cite>SkynyrdRocker posted...</cite> <quote><cite>helly posted...</cite> <quote>then why do you want another one</quote> I don't want another AmEx card</quote> Churning is really just about getting signup bonuses. The card I got last month had $800 worth of airline freebies.</quote> ... Copied to Clipboard!
LordBalor4 07/25/17 4:52:42 PM #12:	You should visit the Reddit churning page <cite>LordBalor4 posted [p:883582864] in I need inf... [t:75603438]...</cite> <quote>You should visit the Reddit churning page</quote> ... Copied to Clipboard!
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Poll of the Day > I need information on churning. There's only one man that can help me now. (+) Yeah! (+)

Poll of the Day > I need information on churning. There's only one man that can help me now.