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/biz/ - Business & Finance

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17616032 No.17616032 [Reply] [Original]

What are some of the /biz/ approved credit cards?

>> No.17616058

>>17616032
unless you're a hot chick like in pic related that can find a sugar daddy to pay for her credit card bills you should stay the fuck away from credit cards or credit of any kind, unless you're using credit to open/leverage a business

>> No.17616081

I've had a basic capital one card with no perks whatsoever. I pay it off in full every month. Am I doing it right or wrong? Sometimes I get jealous of all the cashback and points perks people talk about, but something about it seems suspicious.

>> No.17616090

>>17616032
Bros you have to stop posting these thicc concubines, this is a christian business forum

>> No.17616102

>>17616081
forgot to add, had it for 10 years*. So I could have made bank on points all these years

>> No.17616104

>>17616058
Deeply true for anyone retarded enough to be posting here. You’re probably mentally ill and should not open lines of credit just because the last few months have been going well for you.

>> No.17616304

What kinda message is she sending with this picture

>> No.17616315

>>17616081
I suppose it's fine, if your credit score is 750+ right now
otherwise you want to keep some balance on there, but less then 25-30% utilization

>> No.17616321

>>17616058
Fuck off dave ramsey

>> No.17616339

>>17616315
My credit score is 762 which is nice. I'm just wondering if I should get a card with perks instead, or am i not missing out on much?

>> No.17616345

>>17616321
Fuck you, I love Dave Ramsay.

>> No.17616373

Always feel like getting a 0% advance offer, maxing it out, putting it in IRA for immediate tax deduction, buy a high yield blue chip, save up the repay balloon and print like 20% gain. Free money if you are responsible? Might do it this year.

>> No.17616380

>>17616345
Of course you do, you fucking retard. You probably carry cash around everywhere like a fucking idiot too don’t you

>> No.17616384

>>17616032

OP, that "girl" you posted is a man, just FYI.

>> No.17616395

>>17616339
it couldn't hurt to get a card with perks, the good ones will usually have a yearly fee, so it means you kind of need to use it more to offset the cost for the perks.
if you do open another line of credit; don't close your current card; it will affect your credit score negatively

>> No.17616417

>>17616304
generating revenue in the "incels and beta cuck virgins" market

>> No.17616439

>>17616384
Proof?

>> No.17616449

>>17616032
Discover IT
And Capital One Savor
The true wagecuck gigachad holds

>> No.17616463
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17616463

>>17616032
I have a credit score of zero, I've never taken on debt. My friends think I'm crazy.

>> No.17616464

>>17616345

He's fine except when he acts like everyone has the same mentality. Credit cards are fine and have plenty of benefits, as long as you aren't an idiot with it like most of his callers.

>> No.17616475

>>17616339
I’d recommend only having 1. Until you get in a bind with money and open another one with perks (1 year no interest). You have the first one to build the credit and the second one to bail you out when it’s about to get jeopardized

>> No.17616478

>>17616449
Lol

>> No.17616536

>>17616304
https://travellingjezebel.com/dubai-porta-potty/

>> No.17616595

Chase sapphire

>> No.17616721

>>17616339
>>17616475
>>17616081

t. retards who dont understand credit scores

You want the HIGHEST amount of credit lines a credit card company will give you, and you want the LOWEST utilization ratio. Meaning you want a ton of available credit, but never use much of it

Do not open multiple credit cards within 6 months of each other. Whenever you open a CC, they do what's called a hard credit check. this is an automatic temporary lowering of your credit score as they run your credit history. a soft credit check does not impact your credit score, but a new credit account or loan (like a car loan) can only be opened with a hard credit check. so you dont want too many hard credit checks in a short amount of time because this looks suspicious to lenders - like why do you need the money so bad right now?

Open as many credit cards as you can practically manage. I have 3, 2 of which I never use. the 3rd one is my daily CC i use for gas, food, life essentials and i pay it off monthly. I have a 15k, 11.5k and another 11.5k credit limit on each card. I use one of the 11.5k cards for daily expenses and my monthly expenses are about 400$. every 6-12 months you should ask your CC company for a credit limit increase - indefinitely. You want MAX available credit and then never use it.

So just in CC Limits alone, I have about 35k in available credit, but i only use about 400$ of it. Thats an insanely low utilization ratio. i also have about 7k left in student loans, which isnt much for me. i have never missed or delayed a payment on any student loan, bill, or CC payment. my credit score is 793 because i effectively gamed the credit score

>> No.17616889

>>17616032
Discover it and chase freedom have no annual fees and 5% cash back on revolving categories. Get both because the categories don't overlap often.

>> No.17617078

Been building my credit for past few months. Got like 650-680 score atm. Just opened a new card with 6k limit. I dont really see a reason i will EVER need credit. Im thinking to build till i can get better limits and more cards. Then one day just max them out buying crypto. I have no assets on my name. And if i was to buy a car or house i have family that can cosign and id prolly pay it upfront anyways.
Is this a good plan?
Or is a good goy score really worth it in the future

>> No.17617114

>>17616721
pretty based, preciate it

>> No.17617249

>>17617078
>Then one day just max them out buying crypto

Most CC companies do not allow you to buy crypto on credit anymore, so that's not gona work. You'd have to get a personal loan from a bank. And either way, no that is not a good idea cuz the crypto could tank rapidly and you're screwed.

You all can do what you want but playing the good goy game can actually come in very beneficial when it comes to buy a house, car, or other large sized purchase that you can't pay cash for. Your credit score will matter in that moment

>> No.17617657

>>17617078
Credit rating helps determines the interest rate you will pay for borrowed money. High rating gives you access to the lowest rates, which over time and large amounts of money (like mortgages) can save you hundreds of thousands of dollars.
Imagine two $300k mortgages, A. at 3% apr and B. at 6% apr. The first year, you will pay $9k in interest for A, and $18k for B. The second year, you will pay a little less than $9k interest for A, and a little less than $18k for B. After 10 or fifteen years, you effectively pay $100k more for B, money that you could have put into other investments which would be able to earn value, like dividend stocks, a business, or improvements to your property. High credit score and some brains effectively give you free opportunities to make money, and all you have to do to earn that opportunity is responsibly pay for your daily expenses on credit and never carry a balance on your card or miss payments. It’s free leverage for people who aren’t retarded.

>> No.17617698

>>17616373
ive been doing this but with crypto instead

>> No.17617733

>>17616081
If you pay it off every month, you might as well get one with some kind of cash back or miles. Just get something with no annual fee and keep paying it off every month. There really is no catch.

If you really want to dive deeper into it with a skeptical "nothing is free" attitude, you could say that the credit card companies have to charge higher fees to merchants in order to offer cash back rewards, which then ultimately get passed on to the customers. In that case, everyone is paying for it whether you have a rewards card or not. Might as well get the rewards card then.

>> No.17617951

>>17617657
God damn it's expensive to be poor in America

>> No.17618000

Just get the 2% cashback from citi and call it a day.
Unless you're a peasant and don't pay it off every month.
In which case I suggest you get the citi 2% cashback card and pay it off every month.

t. cheap kike

>> No.17618064

>>17616058
I do all of my everyday purchases on credit and then pay it off every few weeks.
My credit score is sky high and I earn cash back. Give me one reason why I shouldn’t do this.

>> No.17619564

>>17616304
>What kinda message is she sending with this picture
that she's ready for chad's cock... and for the on line incel/beta-cuck/beta-orbiter monie
it's a bidiretional message

>> No.17619706

I can recommend these to fellow leafs:

Rogers Bank Platinum
>no fee
>4% cashback on foreign purchases (1.5% after the standard 2.5% extra fee)
>2% on bills
>1.25% on everything else

Costco CapitalOne Platinum
>no fee (but you need a Costco membership which is $60 annually)
>3% at restaurants
>2% gas

>> No.17620652

>>17617249
You used to be able to get a PayPal business account, and they'd send you a card swiper to use on your phone. No fed tax/ein needed. Only used it for a couple grand to float a shitty Craigslist service "business" but it should work for whatever the normal jew credit merchant fee is.

I'm guessing there's others, like Swipe or something

>> No.17621200

>ctrl-f
>only 1 result for a Chase Sapphire card

Anons... Are you really trying if you haven't gotten your Chase trifecta and 5/24?