credit card question

[Mrfrog840]

Do you get credit points even if you arent buying anything for an extended period of time? or if you dont buy rarely anything? gah a website explaining would help. Its a Visa credit card. Thanks!

Mrfrog

 

[Mill]

Not sure I understand your question. Are you talking about Reward points on a Rewards card?

 

[Yossarian]

I think our amphibious friend is asking whether your credit score will go up if you have a credit card but don't use it. I believe the answer is yes, because the amount of time accounts have been open is a factor. But you should use it a little and just pay it off, that will count more.

 

[Mill]

Originally posted by: PipBoy
I think our amphibious friend is asking whether your credit score will go up if you have a credit card but don't use it. I believe the answer is yes, because the amount of time accounts have been open is a factor. But you should use it a little and just pay it off, that will count more.

Yes your school is affected by the length of time your accounts are open as well as the proportion of your balances to your credit limit. The only thing using the account each month does is show you will make on-time payments each month.

 

[catnap1972]

Originally posted by: PipBoy
I think our amphibious friend is asking whether your credit score will go up if you have a credit card but don't use it. I believe the answer is yes, because the amount of time accounts have been open is a factor. But you should use it a little and just pay it off, that will count more.

Non use creates two risks...one that the account won't report monthly if it's not being utilized, and the other that the card issuer may decide to drop you.

 

[RossMAN]

So you want to get a VISA credit card and just let it sit unused?

LOL

Don't do that, account inactivity is not a good thing, it's not a bad thing but not a good thing.

Charge stuff on it, pay it off, charge stuff on it, pay it off, repeat.