Getting a new credit card - Revision history

Editor: /* First steps */

2021-03-01T01:09:05Z

‎First steps

Editor: /* First steps */

2021-03-01T01:05:30Z

‎First steps

Editor: Editor moved page Getting a New Credit Card to Getting a new credit card without leaving a redirect

2021-02-19T04:42:09Z

Editor moved page Getting a New Credit Card to Getting a new credit card without leaving a redirect

Editor at 19:49, 12 February 2021

2021-02-12T19:49:25Z

Editor at 00:28, 12 February 2021

2021-02-12T00:28:41Z

Show changes

Editor: /* Applying for the card */

2020-05-04T21:23:28Z

‎Applying for the card

Editor at 21:12, 4 May 2020

2020-05-04T21:12:47Z

Editor: /* Applying for the card */

2020-05-03T17:31:08Z

‎Applying for the card

Editor at 17:28, 3 May 2020

2020-05-03T17:28:18Z

Editor: /* Spend enough to earn the signup bonus */

2020-04-28T19:46:11Z

‎Spend enough to earn the signup bonus

@@ Line 32: / Line 32: @@
 <li>'''Enroll in any benefits that require enrollment'''. This is primarily relevant for the more expensive American Express cards. You won't receive many of their "automatic" credits if you don't enroll first. You need to go to the "Benefits" section.  Do this NOW. If you don't, you risk making a mistake later, such as spending money on airline incidentals and not receiving credit. There is some benefit to holding off before committing yourself to a particular airline, but if you do, be extra careful you remember to enroll before taking advantage of the benefit.</li>
-The other key benefit that requires enrollment are Priority Pass memberships. You'll need to activate your membership online and if the lounge doesn't accept electronic membership cards, you'll need to wait a couple of weeks to receive your card.
+Another key benefit that requires enrollment are Priority Pass memberships. You'll need to activate your membership online and if the lounge doesn't accept electronic membership cards, you'll need to wait a couple of weeks to receive your card.
 <li>'''Add an appointment (to your phone’s calendar) to help make sure you meet the initial spending requirement'''.  Set an appointment for about 3 weeks before the deadline for completing the spending requirement. The drop-dead date is based on the date your application was accepted, not the date you received your card.</li>
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 If you are interested in adding an authorized cardholder and there is no bonus available, you should wait (if you can). A promotional offer might become available later.
 </ul>

← Older revision		Revision as of 01:05, 1 March 2021
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	<li>'''Just be warned that with some credit cards, it can take up to two billing cycles before automatic payments kick-in'''. When you set up the account, pay attention to see if they provide you with a delayed start date. If they do, you will need to remember to pay manually for the first one or two months. Bank of America and few smaller credit card companies annoyingly won’t let you set up automatic payments until after you have received your first bill. If so, set up an appointment (on your phone’s calendar) to remind you to set up automatic payments later.</li>		<li>'''Just be warned that with some credit cards, it can take up to two billing cycles before automatic payments kick-in'''. When you set up the account, pay attention to see if they provide you with a delayed start date. If they do, you will need to remember to pay manually for the first one or two months. Bank of America and few smaller credit card companies annoyingly won’t let you set up automatic payments until after you have received your first bill. If so, set up an appointment (on your phone’s calendar) to remind you to set up automatic payments later.</li>
		+
		+	<li>'''Enroll in any benefits that require enrollment'''. This is primarily relevant for the more expensive American Express cards. You won't receive many of their "automatic" credits if you don't enroll first. You need to go to the "Benefits" section. Do this NOW. If you don't, you risk making a mistake later, such as spending money on airline incidentals and not receiving credit. There is some benefit to holding off before committing yourself to a particular airline, but if you do, be extra careful you remember to enroll before taking advantage of the benefit.</li>
		+
		+	The other key benefit that requires enrollment are Priority Pass memberships. You'll need to activate your membership online and if the lounge doesn't accept electronic membership cards, you'll need to wait a couple of weeks to receive your card.

	<li>'''Add an appointment (to your phone’s calendar) to help make sure you meet the initial spending requirement'''. Set an appointment for about 3 weeks before the deadline for completing the spending requirement. The drop-dead date is based on the date your application was accepted, not the date you received your card.</li>		<li>'''Add an appointment (to your phone’s calendar) to help make sure you meet the initial spending requirement'''. Set an appointment for about 3 weeks before the deadline for completing the spending requirement. The drop-dead date is based on the date your application was accepted, not the date you received your card.</li>

@@ Line 1: / Line 1: @@
 {{DISPLAYTITLE:{{Title|new card}} (2021)}}
 {{seo|description=Step by step checklist for applying for a new credit card. What to do and what not to do.}}
-{{Page|article|Card Strategies}}
+{{Page|article|Card Strategies|card step by step}}
 {{ImageX|OpeningEnvelope.jpg|full}}

@@ Line 64: / Line 64: @@
 {{ImageX|DeniedStamp.jpg|360}}
-<li>'''Don't add an authorized user as part of the initial signup process unless they are offering you a bonus'''. Some cards will provide an extra bonus when you add an authorized card holder to an account. If they don't offer you one at signup and you add an authorized cardholder then, you won't be able to take advantage of any bonus offer that is available after the fact. Also, if the potential authorized cardholder isn't already blocked by getting too many cards, adding them to your card will potentially limit their ability to get cards they may want later. {{Link|first signups}}.</li>
+<li>'''Don't add an authorized user as part of the initial signup process unless they are offering you a bonus'''. Some cards will provide an extra bonus when you add an authorized card holder to an account. If they don't offer you one at signup and you add an authorized cardholder then, you won't be able to take advantage of any bonus offer that is available after the fact. Also, if the potential authorized cardholder isn't already blocked by getting too many cards, adding them to your card will potentially limit their ability to get cards they may want later. </li>
 </ul>

@@ Line 6: / Line 6: @@
 {{Box|Before You Get Started}}
-Make sure to setup a free account at Credit Karma and perhaps some other credit-monitoring tools; create an account with AwardWallet; and download the AwardWallet app to your phone. {{Link|card started}}.
+Make sure to setup a free account at Credit Karma and perhaps some other credit-monitoring tools; create an account with AwardWallet; and download the AwardWallet app to your phone.
-Once you've signed up for a few new credit cards, it is difficult or impossible to get approved for cards from a few of the credit card companies. If you don't prioritize getting cards from these banks first, you won't be able to get them later. Before you start signing up for cards and potentially blocking access to some valuable other options, makes sure you understand the rules. {{Link|first signups}}.
+Once you've signed up for a few new credit cards, it is difficult or impossible to get approved for cards from a few of the credit card companies. If you don't prioritize getting cards from these banks first, you won't be able to get them later. Before you start signing up for cards and potentially blocking access to some valuable other options, makes sure you understand the rules. {{Link|card started}}.
 {{/Box}}

← Older revision	Revision as of 04:42, 19 February 2021
(No difference)

@@ Line 120: / Line 120: @@
 <li>'''Switch automatic credit card payments to your new card'''. Switch your default payment on Amazon. In most cases you can pay your insurance,  gym, utilities, and many other bills with your credit card, without any additional “convenience” fees. If you are already doing so, switch over to your new card. If not, start paying them this way to make it easier to meet the spending requirement for your current and future cards.</li>
-<li>'''You should avoid using the card for purchases that may eventually get refunded'''. If you are planning to spend "just enough" to meet the spending requirement, any refund will drop your spending below the required amount. This is a pain to track and could occur after it is too late to make some additional purchases. Ideally you would use a different card for any purchases you might return or especially any travel arrangements you might wind up cancelling (since this can happen months later).</li>
+<li>'''Avoid using the card for purchases that may eventually get refunded'''. If you are planning to spend "just enough" to meet the spending requirement, any refund will drop your spending below the required amount. This is a pain to track and could occur after it is too late to make some additional purchases. Ideally you would use a different card for any purchases you might return or especially any travel arrangements you might wind up cancelling (since this can happen months later).</li>
 <li>(optional) '''If you automatically pay some bills with a credit card, switch them over to your new card'''.  Many bills, such as insurance and utilities, can be setup to automatically charge a credit card. To increase the spending on your new cards, switch these accounts over to your new card.</li>