I have one. About to close a home, expect 20-30k in expenses coming in which I will put on a card or a few. Worth getting a couple to get some sign up points ? I won’t need to get a new mortgage in the next couple years, so a minor dip in credit score won’t hurt. Also any financial tips for new home buyers who have never bought a home in the US ?

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Do NOT take out any new credit before you close on your house. That could crash your whole mortgage application. Unless you are paying cash, do not EVER have your credit pulled by ANYONE during the mortgage process once you have selected a lender. It changes your ratios, triggers a re-evaluation of your loan, and makes you look less credit worthy. I speak from 10+ years of experience evaluating mortgage apps. We had clients get denied funding because they charged $2k for some furniture ten days before closing 😳

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Wait until you close the home to get a new card or put the expenses on any current one.

Otherwise - a new card or 2 is a great idea as long as you can pay them off

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I would get one that has no interest for first 12-15 months if you don’t plan on paying it off soon. Otherwise capital one venture x is a good one. If interested, I can send you a referral link.

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I will pay all expenses same month. Don’t mean to aggravate debt.

Thanks all. Makes sense, I will definitely keep cc balances low and not apply new credit before I close

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