What are the most commonly asked questions about credit cards?
We'll check that out in this week's "Answering the web's most searched questions."
It's been great to offer some clarity to the many questions and rumors surrounding credit. Controlled debt can be a very powerful thing. Especially if you want to scale your business or get fast funding for it with 0% interest.
So, let's get some more answers!
What Credit Cards Do Costco and Sam's Club Take?
Costco will take any Visa cards. They will not take a Mastercard.
This is different from Sam's Club. They will accept any major credit card.
There are many reasons why. Sometimes a business has a relationship with one major credit card over another.
The best thing to do to be prepared is to have both cards!
Some Visa cards work well with hotel benefits and gathering points, while other Mastercards work better with airlines and airport lounges.
Credit Stacking is all about building the right lines of credit to help you achieve the benefits you need with the right accounts, so you can also use them everywhere you shop and rake in the points.
What Credit Cards Do I Qualify For?
That depends on your credit score.
Some credit cards will accept people with a lower credit score but a good rule of thumb is, the better your score the better your card. And the better your card, the better your benefits.
You also want to make sure you're getting a higher spending limit on your card for 0% interest. A major pitfall of credit cards is the interest. Don't fall victim to it.
The good news is, it doesn't take much to get on the right track. Credit Stacking accepts students with a 650 credit score or higher.
With that, you begin your journey to financial freedom and get higher spending limits for your business cards.
What Credit Cards Use Equifax?
This is a great question, and if you're a member of the Credit Stacking community, you'll know why I'm so passionate about the answer.
Knowing what credit bureaus your banks report your credit through is super important because once you know that, you can strategically plan which cards you want to apply for without it hurting your credit with a double inquiry.
I have an eBook that lists which US lenders use which credit bureaus.
You can download the free eBook in the image below.
What Credit Cards Should I Have?
Now I can't give away all the secrets. This is what Credit Stacking is all about!
I will say this though, I'd recommend investing in a relationship with Chase Bank and American Express. These banks have so much potential and even more benefits when using them.
If you're interested in tapping into financial freedom with 0% interest, and want to take the Credit Stacking Course but are maybe on the fence, at least start with building your relationships with these banks.
You can get a much higher spending limit if you have an established history. So if you don't have a Chase account or if you don't have an Amex card, consider setting that up. It will put you ahead in the Credit Stacking game.
Comments