SOCIAL: credit card

[Randall Isaac]

I agree with Deep, it depends on what you want.

I shy away from mileage cards because it's getting damn near impossible to
redeem the miles for tickets you can actually use.  Also, many of the airline
cards charge $60 annual fees after the first year.

My favorite reward card is the Amazon VISA.  No annual fee and you get a $30
Amazon credit just for getting the card, and get a $25 Amazon gift certificate
for every $2500 you spend (i.e. a 1% return, 3% on Amazon purchases).  Since I
buy a crapload of stuff on Amazon it's a good deal for me.

Randall

Amandeep Jawa wrote:
> Hi Palak -
> 
> I have a United card & it gives me miles on it which is nice.  I'm glad
> you are not a big fan of credit cards - they are very useful and very
> helpful - but many many people get carried away when they first get one
> & end up in real trouble (I did!) - so it is good to make sure you
> always pay them.
> 
> The basic rules are something like this:
>     - If you think you will always pay them back, get whichever one has
> features you like (like miles) - but make sure you pay them back on time!
>     - If you think you will mostly pay them back, but some times may
> slip, or could slip for months at a time - get ne with the lowest
> interest rate you can find & ignore special features
>     - If you don't think you will pay it back on time very often at all,
> get a different type of loan!
>     
> Anybody else have good advice?
> 
> 'deep
> 
> 
> 
> 
> 
> On Mar 25, 2008, at 11:26 AM, palak joshi wrote:
> 
>> Dear Social,
>>
>> I am looking to get a unsecured credit card now that I can. I am not a
>> big fan of credit cards but i need to have atleast one. I was thinking
>> due to my ok score i can get a good one. Have been going back and
>> forth between rewards and miles and cash back and this and that. I am
>> feeling very small to venture out in this world of credit cards all by
>> myself so i am looking to get some advice from you folks. I am very
>> disciplined to paying back and stuff just dont know which ones to get
>> its a big cc world out there!
>>
>> Do you have credit cards that you recommend and more importantly do
>> not recommend? if you want to send me direct emails at
>> palak.joshi at gmail.com it would be fine or to the group, whatever you
>> feel comfortable doing.
>>
>> thanks and have a good day.
>> palak.
>> _______________________________________________
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>> Social at lists.deeptrouble.com
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> 
> 
> 
> ----------------------------------
> Amandeep Jawa
> ----------------------------------
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