Best Credit Cards for Beginners 2023 (Full Guide)

[@SpencerJohnsonOfficial]

Getting the right beginner credit card is SO important! This is gonna be such a helpful video for those just getting started. I personally started with the Chase Freedom Student and then moved into the Chase Freedom Unlimited. But if I was talking to someone just starting out and wasn't a student, I would recommend the Discover it first (secured or cashback versions), and then tell them to move into Chase right after that to avoid ever worrying about the 5/24 rule. Great video all around man!

[@suplolok8873]

you are totally right. Highly recommend Discover card👍

[@GarrettDunlapyoutub1]

What’s the 5/24 rule

[@SpencerJohnsonOfficial]

@@GarrettDunlapyoutub1 It basically states that if you've opened 5 or more personal cards in the past 24 months, Chase will automatically deny you for your next credit card application with them.

[@SpencerJohnsonOfficial]

@@suplolok8873 Glad we agree!

[@joshuavz10]

Hey Spencer, thanks for the value comment. I’ve been wondering what exactly to do because earlier this year around May I had applied for a Discover it credit card and got denied due to having no credit history. I have no credit cards currently, I’m not attending college, and I just turned 19 recently. I do work but I was confused on what exactly to do since I’m not attending college and have no credit history. So just to be clear the best thing for me to do is to get a secured credit card?

[@Pandinho98]

One important thing you forgot to mention for the bilt credit card is that you must use it at least 5 times each billing cycle to earn the points.

[@johnnlennonrichardson7950]

Is that a good thing or no?

[@amykearns5232]

It's not a good thing but it's not a terrible thing - just means you need to use it four times a month to buy coffee or whatever in order to benefit from using it to pay for your rent!

[@davidradtke160]

Yeah just go out to eat a few times on the first of the month while points are doubled.

[@nickolasguile8734]

I currently have a Discover it secured and it hasn’t steered me wrong. Great for building starter credit.

[@tristonwebb7045]

The discover It card is essential to start off with purely bc the student will get you approved when you have no credit. I had no loans. nothing. So I had no credit and got denied on another card but discover it was boom done (with a low limit at that time so they won’t let you get to out of hand if that’s a worry)

[@elcheekoful]

That was my first one as well. Honestly I'm probably going to stay with my Discover credit card awhile. I've gotten great customer service, and there app is very easy to use. I just pay off every month like a debit card. I've never paid 1 penny in interest or fees.

[@hugoacosta799]

Was it the discover it secured card?

[@elcheekoful]

No. Mine is just a ordinary discover credit card.

[@mspococurante]

I applied with no credit and was not accepted. I didn't think that was possible. Won't know why until they send me the answer in the mail.

[@purgatoryexb3985]

It only let's me have a secured credit tho

[@CoachCeeCee]

I have the Discover it card and I love it so far I have nothing but positive things to say about it

[@elcheekoful]

Same here. I've had my discover credit card over 5 years. Idk if I'll ever switch. I love there app its so easy,+ great cust service..but I have heard alot of bad things about Discover Savings and checking account, so I'd stay away from those for awhile.

[@myleswinston6097]

My personal beginner credit card route was the Citi custom cash and Citi double cash. This let me get 5% back at restaurants (which was one of my higher spend categories monthly), and 2% back on everything else!

[@edmourgagnon1504]

I'm in Canada. Can anyone help me out?

[@christianliberatore6369]

i got denied the citi custom cash

[@soumyadeepbidyanta28]

Currently holding the Discover It Student version, absolutely love it.

[@johnsfinancetips]

Love that card! Congrats on it!

[@Mari0o0o]

I get that this is a beginner’s video but probably should have explained a bit more as to why not all points are created equal

[@johnsfinancetips]

Thanks for the feedback!! Definitely important to touch on the points value, maybe I could tee up a intermediate-level video.

[@genovaz]

You can actually float a balance on a credit card without affecting your credit score too much. The most important thing is 1-maintaining a low utilization so you can't just carry balances on everything and 2- only doing so on credit cards where you're in a 0apr intro period. A majority of beginner cards these days have 12-18 month 0apr periods. So if you have a sudden expense - let's say you need to replace your car tires like I did - you can throw it on a new card to help meet the spend for your intro bonus, then set up automatic payments from your bank to pay out the balance through your 0apr period. As long as you manage your balance and are otherwise responsible with your spending its essentially a free loan.

[@mel-bj3ty]

Im just here trying to learn and gain better credit , took your advice as a beginner Just got APPROVED for the quicksilver card. Im excited for this (second) start and journey towards better credit ! Great video !

[@Frost-k6e]

Loved this video John! Could you please do videos on the following: - Business cards beginner to expert guide - Business card utilization and if it matters for your business credit report like it does on the personal

[@Bigbear113]

This would be a great video. I'm looking into starting a Mobile Break shop in a year and would love to have a card for that.

[@EddieeDoee]

It’s a wild coincidence that I’m looking into credit cards today, saw your 2022 recommendations video, and then saw that you posted a 2023 video literally an hour ago. There must be a credit card in here for me lol

[@flacadiabla3193]

If you are 15 and watching this, congratulations on learning about a form of financial responsibility. If you have responsible parents, ask them to add you to their CC in order to get a jumpstart on your credit. My very first CC was Discover, and it was amazing then, too. Great video!

[@MoreofMaya]

THANK YOU SO MUCH!! I NEEDED THIS. I am going to get my first credit card soon and I will update you ☺

[@alolansandshrew1756]

Nice video - thanks! I agree with your choices of credit cards - all wonderful even for non-beginners. I'd note that 'on time and in full' is good advice - but that's not enough to cover the full 65% like you mentioned. To get credit for the full 65%, you *also* need to be using a relatively small percentage (30% of available credit will be detrimental to one's score. Crazy, but that's how it works!

[@GarrettDunlapyoutub1]

Damn how do I wisely use more of my credit

[@alolansandshrew1756]

@@GarrettDunlapyoutub1 My recommendation is to pay off all but a small amount of your charges on each card *prior* to the statement close date. Then, what gets reported to the credit bureaus is only the remaining balance. I do this for all my cards to keep a utilization of

[@edmourgagnon1504]

I'm in Canada. Can anyone help me out?

[@aria5527]

Sorry- I'm new to cards and trying to wrap my head around this. So, if my available credit is $1000, I need to spend at least $100/month (10%), but if I spend more than $300/month (>30%) then it is detrimental to my score?

[@alolansandshrew1756]

@@aria5527 I guess I would summarize it as follows. First and foremost, never spend money that you don't have or don't intend to pay off when the statement comes. Given that, it's best to make sure that the balance on your cards are all *under* 10% of their limit (so, $100 in your example) when the statement closes. Under 30% (e.g., $300 in your example) is okay, but under 10% is better. However, there is no benefit to spending $100 just to reach the 10% threshold; what I intended to say in my comment above was that keeping your spending below 10% of the limit just serves as a nice healthy booster to your score. Hope this helps!

[@MannyCovington]

Great info for someone starting off with credit!

[@whothou]

Started with Discover IT. As a student I was scared of credit cards due to family having issues with it but it's been pretty straightforward! Loved it! 4 years later (now) i just applied for the Chase Unlimited because I'm now making actual money and seek better rewards. And my biggest and only gripe with Discover has been it's acceptance. It's always these one off places where discover isn't accepted and I'm forced to use my debt which i typically avoid doing at all cost. Other than that highly recommend. Started at like 400 credit limit over the years and now at 8,000.

[@CalrosACJ55]

We really need more guides in credit card channels!!!

[@CalrosACJ55]

This video is great but once you get those first 5, I swear no one talks about the best parts and strategies because stuff like infinite ink and what issues to run to right after 5/24?!? Like what issuers are sensitive, who requires 6 months vs 3 months (cap one, is bank, city…) of waiting time to apply, when to start running end game cards, I.e. Amex. I’d eat those videos for hours on end

[@johnsfinancetips]

Appreciate the feedback Carlos!! Those topics are definitely important. But part of the challenge is likely the scope. Though I imagine a bank to bank video could work

[@trnikeem]

I have 4 of those happy to see I made the right choices

[@chris1002]

Great video. Looking to get an apartment at 22 and needed some good advice on how to get a loan or credit card and this really helped a lot

[@flip7010]

Honetly I'm in the same position as you ^-^

[@Dylan.Stroud]

Thank for the great video! I know quite a bit about credit cards but there was still some great information packed into one video! Keep up the great work John!

[@johnsfinancetips]

Thank Dylan! Appreciate the support!

[@vinceyourkievitz]

Just got approved for the Discover it, pretty excited for it!

[@RobVI]

Just got my first card. Wells Fargo active cash card. 2% cash back on everything, $200 reward after you spend $500. $1000 limit since I have no credit history and I'm 18.

[@cristina6657]

This video was very helpful, as a total beginner. Thank you!

[@Alexwhatisit]

For anyone with a fidelity account, take advantage of the CC offer. 2% cash back on everything(excluding us mint purchases) is pretty sweet and it’s my main CC.

[@victoruchiha4550]

What’s it called?

[@Jesusismysavior-d9d]

I have the Quicksilver and I love it ❤

[@mikalmandichak8328]

Us bank cards are really under rated as great first credit cards. US bank has really good secured cards that automatically unsecured after 8 to 12 months. It's also really easy to get unsecured cards even with like a 600 fico score. Defiantly not great CPI, but the cash back cards are pretty competitive. I bought my first gun with a US bank card and got 5% cash back on a $500 gun with sporting goods rewards. I plan on getting a quest pro with the 5% cash back on electronics. US bank branches and ATMs are also everywhere. They have a great app which encourages you to pay before the statement date. Not the due date, but the statement date.

[@johnsfinancetips]

Thanks for the share in this!

[@edmourgagnon1504]

I'm in Canada. Can anyone help me out?

[@JTL1776]

What is the best credit card for high schoolers ? Having a job in high school isn't as common as it used to be, but this guide would be amazing for those of us who do.

[@tulpa1940]

Hilton Surpass > Gold if you take a handful of road trips or staycations per year. Gas points + base of 3x hilton points, -155 yearly fee to start. in addition the 2 resort nights and basically free diamond (meaning daily hotel incidental credit). My resort nights were upgraded to a suite, bringing total reward value to about $1000. In theory the gold looks better by a few dollars in a points calculator, but as soon as you factor in free stays and incidental credits, even w/out upgrades Surpass far... surpasses the gold card.

[@harshitgupta7740]

How frequently can/should one apply for their next credit card after getting one? Is there a limit on the number of cards per 12 months or something?

[@Kivaskib]

enjoying your in-depth guide videos :) subscribed!

[@IIIIIIIIIIIIII8]

Had to like this video because of how informative it was.

[@daveblue1234]

i have zolve credit card and its pretty good for international students. You should add this as it dosent require a SSN and gives 5% cashback on your 5 chosen categories + 1 % on every other purchase. 15 month no APR and it looks fantastic.

[@BossManJus]

I have a Capital one Quicksilver and I’m thinking about getting the Chase Freedom Flex as my second card so I can shop at Costco since they only accept Visa and Citi Cards. Currently I have a 758 Credit score on Experian and have been following your advice to pay on time and in full. I’ve only had the card for 2-3 months so another 2-3 months and I’ll be applying for the Chase Freedom Flex. The signup Bonus and Chase ecosystem is what I’m looking to get into since they have the 5/24 rule.

[@isahicardenas]

The freedom flex is a Mastercard. You wanna get the chase freedom unlimited cause that is a visa. They’re similar but each has their own perk

[@johnsantos5251]

Yeah get the freedom unlimited instead

[@makemoney6411]

U have a 758 credit score after just 3 months???

[@melaniefuentes7429]

You want to own possibly more than 5 cards?

[@ShaundaRa]

@@makemoney6411I added my youngest son to my first card a few months ago, the quicksilver, and he’s at 720 already in his first year of college. It’s pretty much his card now for emergencies or whatever but it definitely built his credit.

[@CesarJoel]

Agree 💯 with all suggestions! Would add the Well's Fargo Autograph.

[@schneemann-fy6gi]

Wish i had better advice when i started. I didn't know what i was doing, so i went to my credit union and they gave me a secured card. Fine... Problem was, that card couldn't be converted to unsecured, so i was out the history when i closed it. My oldest card ended up being Amazon chase, which i think is an underrated starter card. I think they hand them out easily for a low limit. I forget what i started at but I'm at 9000 now. Altho i will say this is better if you use Amazon a lot. Discover is another workhorse i like. It was my second. And my favorite. Their customer service is top tier and that's the most important thing to me. Looking at some other cards to add to the lineup now that I've straightened out my finances

[@DallinBunnell]

Wife got the Blue Cash Everyday and we use that for online shopping and groceries (and gas bc we're using a 0% BT offer on the Citi Custom Cash). I didn't know the quicksilver also doubles your cash back. That's way more valuable than I thought. Great video, thanks!

[@johnsfinancetips]

Thanks for sharing Dallin! Yea the change to double cash back in year one solid. The Freedom Unlimited also make a switch. I wonder if that's going to be the next category are 3% cards...

[@joshuawelch6328]

Thank you for spreading this great information 👍🏽

[@JamesGreggReaves]

Great info 👍🏾 Taking notes

[@vickiehurt2665]

I have a Chase Freedom Unlimited card since 2021. I had to get back on my credit and tackle a few credit issues and I was approved. Maybe because I’m a Chase customer since 2020??? I have to pay it off so I use it more.

[@christinapromero]

I checked and capital one quicksilver one, does have an annual fee of $39. It’s not a lot but something to keep in mind.

[@Yotamansam]

Started with a $500 Quicksilver now I’m on a Amex Gold with no preset spending limit. Definitely crawled, walked then now I’m sprinting.

[@easternelevators3446]

Yep, me too except I started with the Discover It Chrome card. I applied through Resy so I’m getting 20% statement credit back on all restaurant purchases in my first year up to $250 cash back which pays for the fee. LOVE the card and that 75,000 points sign on bonus is nice too

[@johnsfinancetips]

Love to see this!! Hope you get to pull down some sweet redemptions soon. And wait till you hit the business cards! Best of luck Sam!

[@edmourgagnon1504]

I'm in Canada. Can anyone help me out?

[@boogeymanw9643]

and please have a plan guys. Dont be like me now I have to wait 2 years for a new chase cards. This really holding me back to use all my UR points.

[@davidpr168]

Thanks! 🙏🏼 for the advice i was able to get a quicksilverone credit card also Can you please make a video on how to fix fair credit.

[@schneemann-fy6gi]

I'm definitely looking into bilt now that you mention the rent check thing

[@talon1802]

Question: What happens with your first credit card when you upgrade to your second card? Also: What's the best / optimal percentage I should be spending on a card to build credit as efficiently as possible (Ex: Try to spend 10% of your total limit each month) Following my previous questions, is there a minimum I should be spending each month? (Ex: spend at least 5% of your limit each month) Finally if there is a minimum I should be spending, if I upgrade to a new card do I still have to spend that minimum on all my previous cards? ( If that's the case, it seems like it would get stressful after a few credit cards) Thank you for any and all advice.

[@talon1802]

Another Question: To be safe, could I just transfer the money from my credit to my savings, then back to my credit from my savings? (Just to safely build credit overtime) If I can do this, Does it matter if I transfer the minimum spending percentage in one day? Or should I spend it over the month? I'm guessing this would ignore the Cashback benefits though, right? Could I build credit faster if I had 2 credits cards? One with money being transferred back and forth, and the other being used for it's cashback benefits. If that is the case, could you have like 3 cards transferring back and forth and use just 1 for benefits? Would this build credit way faster? If everything above works.. How many cards should I have transferring back and forth? I'm guessing too many is actually bad for credit?

[@cozycieara]

I have all the same questions actually 😅

[@kidthebilly7766]

spend less that 25% of your limit each month

[@jaysonyabut9308]

What about the Amex blue cash everyday? 3% gas 3% groceries 3% online retail. I personally just got one.

[@blakerobertson6658]

as a first card? that is the one i'm looking at

[@jaysonyabut9308]

It’s my second card. My first card is the BofA cash rewards card. What matters if your a new credit card user is habitually paying off your card every month and being debt free!

[@doncastillo09]

I have #1 & #2 love themm

[@icyveins9872]

Great video. Hoping you can answer this question here...or if you prefer, make a video answering it. Scenario: I'm 62 and planning in the next few months to leave the U.S., and travel the world...starting with Asia. Using a 10-year Thai Retirement Visa, Bangkok will be my base. Over the next decade, I'll make many trips all throughout Asia with excursions into Europe and beyond. Looking to carry a max of 4 credit cards. I currently have a Capital One Miles card with about 250k points. From watching some of your other videos, Bilt will probably be my second one. What would your top four cards be if you were in my situation? For what it's worth, my credit score is 787.

[@izzihanna3887]

As a beginner -- with great credit, the BILT card is super hard to get approved for if you don't have another already

[@isacccampas7089]

Wow pushing me forward

[@abdifatahelmoge4118]

thanks for the tips.appreciated

[@johnsfinancetips]

You bet!

[@CourtneyBanks]

I just got the Quicksilver card it going on 3 months right now. Getting ready to make another payment a 401 -02. I have a $500 credit limit. I also have a regions secure card that is a $250 credit limit. Is there any way for me to up the limit on that? I've had that card now for about almost 10 months. Love your program. Keep up the good work

[@bryanacevedo4724]

Your videos are the best

[@JR0956JR]

What card should I get? I eat out(take out, restaurant) gas, and a little bit of groceries

[@MenaceLV]

I currently have the discover card. Credit score is around 730+, have had for 1 year +. I’m between the b.o.a card you mentioned or the quick silver. What would you recommend ? I do a lot of online/ instore shopping. Dine often and would be a nice card to put gas too. Or should I look into any other card recommendations ?

[@MenaceLV]

Would you even recommend American Express blue cash card

[@jurijk0000]

Where did you hear that Capital One will double 1,5% for the first year? I call them, there are no promotions like that

[@vibin1039]

What do you mean by pay in full? Like pay the current balance? Statement balance? If you wouldn’t mind explaining, I’d appreciate it, thanks!

[@ismaelyerena3726]

this will be my first credit card

[@SMGrowth05]

Hello, im from canada and all the "best credit card" im finding online are only available in the us and ive been having a hard time to find a good beginner credit card thats available in canada. It would be awesome if you could make a canadian version! Love your videos!

[@decod3]

Which is better way to build credit score? Secured Card or Authorized user?

[@Miggy2222]

Capital One Savor is way better than the Quick Silver.

[@GarrettDunlapyoutub1]

Why’s that and how much credit is best to utilize

[@danielmelendez2827]

Nope

[@manueldelgado5336]

Hey, if you are living abroad, and can only get one every year, but you want to start building a good credit score in the U.S., which would you recommend? Considering foreign transaction fees, which would still be good value? The Chase Freedom Flex seems like a good option if you use it only on those quarter bonuses, that way it seems to offset the 3% fee.

[@juanageitos4923]

Capital One Quicksilver, Wells Fargo Autograph and apple credit card all don’t have foreign transaction fees. You might want to look into that. Discover also does either but it might not be highly accepted.

[@cristianandrei5462]

Some combination of the first one with the rent bonus and no 1 or the one with online shopping bonus seams great

[@mist-0176]

Hey John! Need some advice. Trying to book two RT economy tickets to Japan with AmEx points. What do you think we be the most efficient way to use my points? We want a direct flight out of Texas, but are willing to take a one-stop if non-stop isn’t viable. Thanks!

[@JoshDoesTravel]

I’d suggest booking with ANA on the direct flight out of IAH or DFW. If you travel in “low” season (between January 4-February 28, and from April 1-26), you can go round trip for 40,000 miles. Yes, really. Even regular and high season are reasonable, with it only costing at most 55,000 miles

[@alanpedraza1670]

Which capital one quicksilver card are you referring to? Because in the website they seem to have different ones

[@JoshuaThomasVideos]

Thanks for the help

[@victoriamitchell6240]

LOVE my quicksilver card...got it after a cap one secured credit card...trying to build credit...used both in Greece no problem! wondering if there is a collection of cards to have in the capital one space like chase? I wanted the reserve for travel but after seeing another video I'm aiming for the venture x. Thoughts?

[@michaelhorgan9525]

Venture X is the nicest card for travel but the SavorOne is a nice competitor to the Freedom cards. There is also an AF Savor but I do not really recommend that one.

[@ShaundaRa]

I think after a certain period of time they offer you a Venture card

[@rae1884]

Would love to see a video on the capital one ecosystem

[@queenmiley7]

How come the Built Mastercard is at the bottom of the list? According to everything you mentioned, the only thing it doesn't have is the signup bonus, but other than that, it looks like it has better benefits than all the other cards you mentioned.

[@johnsfinancetips]

That's a great question! So for a complete beginner who has never had a card or maybe 1 there are a lot of benefits to juggle on the Bilt Mastercard. My rationale for the top card is to help people get approved and learn how to effectively use the card. Then once you've got 1 or 2 card the Bilt card would be very easy to manage. Hope that helps!!

[@daniellei4295]

Is the Apple Card good for a beginner’s card. I’m a college student that always uses the Apple Pay feature.

[@stlmayor011]

Is there much of a difference between QuickSilver and QuickSilver One? Would the Cap One Platinum be best to help rebuild credit or would it be the QuickSilver? I did get pre approval for those two but one recommends one and not the other online.

[@richbarrett]

John, what's the best card for paying medical expenses? Does any card offer a points multiplier for prescriptions and medical expenses?

[@officialgoonyosama6098]

Does credit utilization count for just a single card ? Like is it bad to have one card pushing it’s credit limit, but I have 5 other credit cards with still full balance. Will my credit be hurt because of the one card utilization or is it part of a bigger % with all my cards ? Hope that question makes sense

[@vikranthkanumuru8900]

So, get discover card, follow the 2 rules for 3-6 months and then move onto chase card to you can get approved?

[@sarmadali3280]

hey, pretty cool video actually but what i wanted to ask about bilt is; would you have to connect your checking account to the mastercard in order for bilt to see you have balance in your account and thus not let you have a 4000dollar credit against a 5000dollar limit?

[@juwanbblack]

Okay so my main concern about starting my credit journey is the way I’m supposed to use the card. I tend to spend money on frivolous things from time to time and I would not want to do that with my first ever credit card. I’m also considering the quicksilver card because I bank with capital one. Any pointers, advice or tips would really be appreciated fosho!

[@blakeclinard2144]

Use it on subscription stuff you already pay for every single month dont use you whole credit line you build more credit if you only use half of it 30 to 50% 30% would be better

[@ellimakesmusic]

I think of it like money laundering ; I can buy little things I don't need AS LONG AS I have the money in my bank account. we do not use the credit card to borrow funds, we use it to get points or cashback or increase credit score and then pay it off on time with the money I already had in my account. Hope that makes sense. My credit score is real healthy and that's why

[@schwishy]

Can u review step credit builder, specifically step black!

[@Ramon-kp3lu]

I understood, for the most part. Which should I apply for if I'm using it for geoceries only. I may be getting a car within 5 months and may use if for gas too. This is my first credit card I'm trying to apply for btw.

[@pRiMeEmIrP911]

Quick silver now has 39 dollar annual fee , at least it says for me

[@gamobigz]

Hi John, If i am understanding correctly that Bilt Credit card is co branded with wells fargo, and also it can be used for any rental property?

[@GeneSummers-f4p]

My daughter is beginning her credit journey and sent me this video. She is in college and wants to pay her monthly rent ($800) on a credit card and pay it off each month. Her other expenses include groceries and gas - in that order. I like the BILT card for the rent option... Do other cards allow you to pay rent on them too? (ie. Quicksilver

[@brandondickerson3143]

Very helpful, thanks John.

[@tejamaddi1183]

I have the discover it student cashback card.

[@aravindpv808]

Dont know if this question is asked before or not but is the apple card worth it for beginners?

[@jojoa3729]

I am a college student and I heard that people don't get approved for the discover it cash back card if you don't have any credit history. Is that true??

[@kassandragutierrez5279]

How often should you be applying for a new credit card?

[@luanaduarte4082]

8:18 you said that your credit utilization needs to be bellow 20%, is that correct? Wouldn't it be actually bellow 30%?

[@j.p.obregon1415]

Man, John... Where were your videos when I first got into credit back in 2005?.... 😂

[@whitesyrup9049]

Need a video to figure what to get after a secured card

[@elcesar]

Question: I was laid off for 2 months. I wont be getting my checks until October. I am planning to get a credit card to administer my money. Pay everything with my credit card for two months. But the first and probably the second month I wont be able to pay in full. When everything goes back to normal, I can then pay my credit card debt. I guess to make everything simpler, is it a good idea to get a credit card, and for the first month maybe two months pay the minimum? CS 711

[@michaelchavez9349]

Never had a credit card, would the Discover student cash back card be worth it for a first timer?

[@LichKingHappyPage]

Based on the information in the video I hear about it often

[@Breezely22]

I have a question. So like, what is APR. I get it effects like an interest rate type thing. But if you're fully paying off your card every month, would it affect your credit card bill?

[@johnsfinancetips]

Hey Autumn, that’s a great question thanks for much for asking. APR and interest are the same thing. If you’re paying in full each month there is no interest charged. Also paying in full each month helps keep your utilization low which helps your credit score

[@alek5697]

Thank you for this video, it is pretty informative but I do have a question lingering in my mind. So I currently have a discover it student card and I’ve managed to get my score up to the 700s, I’ve been considering the capitol one quicksilver card, but would this be in anyway an upgrade? Or is it just pretty much the same league? I’m Just a little confused since I read that the regular quicksilver card requires at least a 690 score, which is the one I’m interested in

[@Stevecrawl624]

I got the regular quicksilver card With a 665 Fico 8 score $1000 Limit charged $605.07 on it Payed off and my score went Up to 697 Fico 8

[@xmrlgx]

Does the bilt give points on mortgages too? Or only rent?

[@spenny9160]

can you get this even if your from the uk?

[@Wolange1987]

@john I have a question on Bilt credit card. Does the points expires on Bilt card?

[@mokdadus]

Good question.

[@johnsfinancetips]

Great question, I don't believe so but I will double check that!

[@Dwill2019]

Does it make sense to have Bilt for rent and Amex for groceries? Since assuming you can’t combine points.

[@cozycieara]

So how much of my limit (%) should I be using per each bill cycle to optimize my credit score?

[@THENIKENERD]

For the Capital One Quicksilver I wasn't able to get approved but they do have another quicksilver that offers almost everything as the one you show but has no cash bonus and no 0% intro APR. So my question is, since this will be my first credit card does the 0% APR matter? Or do I for sure want a card that offers it. If anyone could let me know I would greatly appreciate it! Note: I'm very responsible with my money and have never had late payments to anything. *So I'm not sure if the 0% APR matters* But please someone let me know your thoughts.

[@johnsfinancetips]

0% APR doesn't matter as long as you pay on time and in full. If this you first card the most important thing is making sure to practice responsible credit management. Then after 12+ months you can look at some of other cards with more bells and whistles. Hope that helps and best of luck!!

[@THENIKENERD]

@@johnsfinancetips Thanks! I will for sure do this! I'm glad to be in the credit card game. I'll be watching your vids from now on ✌💯