Cash back for paying your bills!
Several years ago I was 22 and very conscientious of my finances. I had finally decided that I really wanted to start building up my credit. Credit cards had always given me pause because in my mind I had thought, "If you had a credit card you were most likely in debt’. I had heard the horror stories of bankruptcy and irresponsible people. I thought "Oh, they have a credit card that must mean they’re pretty far in the hole, I’ll never get a credit card’. I had always believed that if you can’t afford it with the money in your bank account, you shouldn’t be buying it. Fortunately, I started to learn the ways of the world for a working class citizen. I learned a credit card was not something that would guarantee your slow demises but would actually slowly ensure your future.
I chose to start mine with a solid sounding company and the mindset not to fall into the proverbial hole, Capital One proved to be a very good choice. I wasn’t interested in perks or money back when I started, so I made sure to get a card that I understood. The entire setup process was very informative, when all was said and done I felt confident I hadn’t sold my soul to the devil. Slowly I started building up the elusive credit I was determined to have. A little while down the line Capital One even told me I could to switch my current card over to a cash back earning card (Quicksilver) without having to reapply or send any additional information. It was literally just a click of a button on their website. Immediately I started getting paid for what I was already doing, paying my bills! To this day, I am decidedly satisfied with my entire Capital One experience, which wound up building my credit up and contributed to owning my own home at 26!