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Old Dec 10, 2012 | 6:02 pm
  #20  
farwest101
 
Join Date: Oct 2012
Posts: 970
Originally Posted by Sundownerz
Please don't misunderstand my intentions! I don't expect much in the way of student loans. I'm more worried about being able to get them if something unexpected happens. And I really don't have the intention of collecting a bunch of debt on a card if I do get one. My idea if I got a card was to get my parents to use it when they needed to buy something (my dad and step-mom are building a new house soon for example). The only thing I could really afford to use a card for would be living expenses that I could immediately pay back.


Not to burst your bubble, you are highly unlikely to get any cards with meaningful bonus awards at your age - so forget about a trip to Europe using award miles anytime soon. Actually, you even thinking it is possible shows you are completely naive - about the last person who should get a credit card in their hands...

However, if you do get a card with a few thousand limit, and $1,000 cash to recycle every month, you might be able to slowly churn miles using Amazon Payments at $1K/month/12,000/yr. By the time you graduate college, you'll have enough for a coach ticket...

Last edited by farwest101; Dec 10, 2012 at 6:11 pm
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