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As you can tell by my posts on top credit cards, opening up lucrative points-earning credit cards can be the quickest way to amass point wealth.
Most people ask me about the negatives of opening up a new credit card. I’m certainly not a credit expert, but from my understanding and experience, opening up new credit cards does make a minor impact on your credit score. However, if your credit is strong and you aren’t about to apply for a mortgage, I say the potential ding on your credit is well worth the points. As someone who lives in NYC and isn’t going to buy a home anytime soon, I might as well leverage my good credit for other positives.. like free first class airfare.
Points credit card expert Frugal Travel Guy, whose blog has a lot of great information on maximizing points from credit cards, posted a link today from an interview from the CEO of the FICO score company. Click here to understand how your FICO score is calculated.
Ink Plus® Business Credit Card
|Intro APR||Regular APR||Annual Fee||Balance Transfer||Credit Rating|
|N/A||15.49%-19.49% Variable||$95||See Terms||Excellent Credit|