First time credit card.. i'm between discover and american express.?
i want one that let's me recieve points so i'm debating between a discover or an american express. it's my first credit card and i want one with minimal interest too. which is better?
Answers: I would have to voice american express but if it is your first card and are trying to stablish credit it will be kind of hard to win approved for a high end card since you don't hold any credit history but if you have great credit then it should be no problem, check out www.fastcreditcardapprovals.com and shift under reward cards and you will be able to compare them side by side on rates, fees and rewards.
http://fastcreditcardapprovals.com/
For this, I'm going to assume you're referring to "AmEx Blue", which is a everyday credit card, on which you can carry a balance and, unlike "traditional" AmEx, doesn't require you to product a full payment every month.
Discover's cash rear is FAR better than AmEx's points - I've collected piles of points on numerous cards and never had enough to procure anything of value. You may only catch a few bucks at the end of the year, but at least you own SOMETHING to show for it.
The reason I personally would never contribute up my AmEx is the experience I've when a company refused a refund for a defective product - one send for to AmEx, I explained it, they cut me a check. This is a service you get with adjectives cards, but I'm so satisfied with how high-speed they responded that it's pretty much my preferred card.
And don't listen to people who say "don't use them" if you want to ever own a house, credit is a necessity.
My experience is that American Express have a yearly fee while Discover Card doesn't. I occasionally hold problems using my discover card b/c not everyone accepts it. Why aren't you looking at Visa or Master Card? They are accepted everywhere the other two are and there's no fees. All the card companies enjoy point programs. I personally think dosh back is the smartest option.
Most importantly, bank issue credit cards. So just because one banks Visa lacks infallible options doesn't mean another one will. Take your time and look abundant different options. Honestly... if you've never had a credit card until that time, you'll have a really hard time getting approved for a Discover or AMEX card. Both tend to hold strict approval guidelines - and with little or no credit history, it's very unlikely you'll be approved.
But it might be worth a try if you've built credit through other system (ie: personal loans, auto loans, etc.). Otherwise, you may have to search for offer designed for people with poor or predetermined credit history. Capital One has a few - and HSBC / Orchard Bank is another. Here's a good source to compare offer: http://www.asapcreditcard.com
GOOD LUCK!
If this is your first card, and you want convenience, I don't know why you are between these two. Discover isn't accepted in plentifully of places, and AE is usually accepted mostly by restaurants, airlines and hotels. Go with a card that give rebates. Visa or MasterCard would be best.
Good luck.
If you can qualify for an American Express card, I'd go beside that. American Express requires that you pay off your monthly stability completely. This is good "training" for when you have the type of credit card that allows you to settle up down your balance month to month to month. Plus, I think you may find the American Express card to be a bit more widely permitted than a Discover card.
A Discover card could get you into debt, as I don't believe you are required to pay sour your balance completely each month. If you are first time credit card holder, you may find the inducement to spend, spend, spend a bit to great to resist.
I don't know if this is possible anymore, but I once had a friend who used to pay his monthly mortgage near his American Express card. He racked up airline miles like crazy and used to fly for free several times a year. Nice perk, huh?
Avoid both credit cards and making payments with interest. Pay next to cash or use your debit card and invest your money so that you have companies paying you interest instead. If you can not afford it this month, putting on a credit card will not relieve you in affording something the next month. You're surrounded by luck, both card companies are offering sign-up bonuses right now. Discover has a $100.00 bonus for it's More and One cards. Amex have some good offers too. Read in the order of it on this site. deals(a)bankaholic.com
All other things being equal, the AMEX is a little better, unsophisticatedly because it's accepted in more places. HI- I WOULD GO WITH DISCOVER. WITH AMERICAN EXPRESS YOU CAN SHOP TIL YOU DROP AND HAVE A HIGH BILL. BUT, ALL MONEY HAS TO BE PAID BY END OF MONTH. SO THAT IS WHERE I WOULD HAVE TROUBLE PAYING.
You should dance online to their website, or call them and ask all the question you want,sit down with paper and wad and do a comparison.
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Answers: I would have to voice american express but if it is your first card and are trying to stablish credit it will be kind of hard to win approved for a high end card since you don't hold any credit history but if you have great credit then it should be no problem, check out www.fastcreditcardapprovals.com and shift under reward cards and you will be able to compare them side by side on rates, fees and rewards.
http://fastcreditcardapprovals.com/
For this, I'm going to assume you're referring to "AmEx Blue", which is a everyday credit card, on which you can carry a balance and, unlike "traditional" AmEx, doesn't require you to product a full payment every month.
Discover's cash rear is FAR better than AmEx's points - I've collected piles of points on numerous cards and never had enough to procure anything of value. You may only catch a few bucks at the end of the year, but at least you own SOMETHING to show for it.
The reason I personally would never contribute up my AmEx is the experience I've when a company refused a refund for a defective product - one send for to AmEx, I explained it, they cut me a check. This is a service you get with adjectives cards, but I'm so satisfied with how high-speed they responded that it's pretty much my preferred card.
And don't listen to people who say "don't use them" if you want to ever own a house, credit is a necessity.
My experience is that American Express have a yearly fee while Discover Card doesn't. I occasionally hold problems using my discover card b/c not everyone accepts it. Why aren't you looking at Visa or Master Card? They are accepted everywhere the other two are and there's no fees. All the card companies enjoy point programs. I personally think dosh back is the smartest option.
Most importantly, bank issue credit cards. So just because one banks Visa lacks infallible options doesn't mean another one will. Take your time and look abundant different options. Honestly... if you've never had a credit card until that time, you'll have a really hard time getting approved for a Discover or AMEX card. Both tend to hold strict approval guidelines - and with little or no credit history, it's very unlikely you'll be approved.
But it might be worth a try if you've built credit through other system (ie: personal loans, auto loans, etc.). Otherwise, you may have to search for offer designed for people with poor or predetermined credit history. Capital One has a few - and HSBC / Orchard Bank is another. Here's a good source to compare offer: http://www.asapcreditcard.com
GOOD LUCK!
If this is your first card, and you want convenience, I don't know why you are between these two. Discover isn't accepted in plentifully of places, and AE is usually accepted mostly by restaurants, airlines and hotels. Go with a card that give rebates. Visa or MasterCard would be best.
Good luck.
If you can qualify for an American Express card, I'd go beside that. American Express requires that you pay off your monthly stability completely. This is good "training" for when you have the type of credit card that allows you to settle up down your balance month to month to month. Plus, I think you may find the American Express card to be a bit more widely permitted than a Discover card.
A Discover card could get you into debt, as I don't believe you are required to pay sour your balance completely each month. If you are first time credit card holder, you may find the inducement to spend, spend, spend a bit to great to resist.
I don't know if this is possible anymore, but I once had a friend who used to pay his monthly mortgage near his American Express card. He racked up airline miles like crazy and used to fly for free several times a year. Nice perk, huh?
Avoid both credit cards and making payments with interest. Pay next to cash or use your debit card and invest your money so that you have companies paying you interest instead. If you can not afford it this month, putting on a credit card will not relieve you in affording something the next month. You're surrounded by luck, both card companies are offering sign-up bonuses right now. Discover has a $100.00 bonus for it's More and One cards. Amex have some good offers too. Read in the order of it on this site. deals(a)bankaholic.com
All other things being equal, the AMEX is a little better, unsophisticatedly because it's accepted in more places. HI- I WOULD GO WITH DISCOVER. WITH AMERICAN EXPRESS YOU CAN SHOP TIL YOU DROP AND HAVE A HIGH BILL. BUT, ALL MONEY HAS TO BE PAID BY END OF MONTH. SO THAT IS WHERE I WOULD HAVE TROUBLE PAYING.
You should dance online to their website, or call them and ask all the question you want,sit down with paper and wad and do a comparison.