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How many credit cards do you need to build up a decent credit score if you are just getting started. That’s what we are going to break down today, and also credit cards to avoid.

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1. Now here are the Worst ideas you can usually have
Getting score credits and credit cards with annual fees
These are usually the first credit cards people get
And they are not great, because they work great for a certain store and not on all your purchases

For Example:
I have two store credit cards, one with Amazon and one Mattress firm
Mattress firm lets me pay interest-free, and amazon lets me pay interest-free and also gives me 5% cashback
But if I'm not always shopping with amazon or buying a new mattress every month, then the benefits aren’t that good

Also:
When you close these credit cards because you no longer need them
It can affect the age of credit and the overall amount of debt you owe
So it can lower your credit score

Tip: some store credit will make sense, like Bjs, Cosco, and amazon; if you literally shop there every month. ( and certain annual fee credit are great if you’ll maintain those spending habits to make the annual fee worth it )

2. First Credit Card – Cash Back Credit Card
The way you don’t need to apply for all three of the credit cards I'm going to recommend in this video all at ones
Just take it step by step: plus if you apply that’s usually going to be a hard inquiry and you don’t 3 of those in one's month usually
So check the recommended score for the credit card first

Credit card: Citi Double Cash Credit Card ( 720-850 ) but if your credit score is lower you can apply for Discover Card ( 690-850) – a lower secured version of this credit card

Benefit is, you get 1% when you buy and 1% when you pay the balance
I would use the card this way
Put a subscription on it and set it to auto pay each month so you build up your payment history and don’t get into debt
But if you want to maximize points and all those that stuff, but all your bills on it and pay them off each month

Secret: I don’t carry a credit card with, usually carry a debit card around and $20. In total my wallet has around $50-80 bucks.

3. Grocery Credit Card: This one is different for all of us
It depends on where you shop obviously
But the average household spends around $550-800 a month on food depending on how many people there are
And the average college student, spends every dollar they make…jk

Now here are the places I like to shop at:
Whole Foods: Amazon Signature Rewards Card ( and gives you 5% cashback)
Bjs, Cosco, and Sam Club all have their own credit cards: that offer mostly 2-5% cashback
Blue Cash Everyday from American express

Tip: Always use a grocery list before going to the grocery store, if you don’t you’ll most likely overspend

4. Travel Credit Card ( now this optional ) and flexible
Now not everyone travels or likes to travel but I recommend you do when you’re able to
Doesn’t have to be out of the country but it's nice to see different things

Now I recommend the Chase Unlimited Credit Card for this one
And yes I got canceled from this credit because I didn’t use it
But when you book a flight its 5% cashback and 1.5 on everything else
Ontop of that 3% cashback on restaurants

And that’s about it

5. Final Words
I rarely use credit cards this way, because I'm not really trying to maximize points
But I'm more focused on just increasing my credit score
So if that’s all you want, just put a small bill on each of these cards and pay them in full each month and forget about

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*Some of the links and other products that appear on this video are from companies in which Tommy Bryson will earn an affiliate commission or referral bonus. Tommy Bryson is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. I'm an Accountant but I'm not your Accountant, always review information with your Accountant/CPA and your Financial Advisor.