I just got approved for city bank college credit card ( i think it is the best for a college student)
i just want to build credit and at the same time i don't want to pay a lot of interest. Any recommendation for now on?
Just buy groceries and gas and pay it off in full each month.
Don't get too hung up on the limit, it will eventually get raised.
Never buy anything with credit that you couldn't pay off in full that same day with cash
Apply for a cash rewards card at the end of the year with a higher limit.
>People acting like credit scores mean dick these days.
Friend, you are living in the 1970s.
Just for shits and giggles, here's a good one.
Take out credit card in foreign country which is about to collapse (a Venezuela type place). Purchase (an) asset(s) on margin with a decent cash float designated in home shekels for interest repayments and to hedge against the market not behaving as expected.
Wait for country to go hyperinflationary.
Pay of loan for a fraction of what it was initially worth.
All of this is good advice. Also, keep your total utilization low relative to you limit. Like if your limit is $1,000, try not to have a balance of more than $200 (which you will pay off every month).