Originally Posted by nwflyboy

Here's the best advice I can give you:

Stop. You need to put some effort into this, and learn a bit about how things work before you rush into some strategy. You sound like another person who has been suckered by the blogs. They make money off of getting noobs like you to sign up for credit cards through their blogs (something nobody should ever do - the best offers are always available here on FT). Ignore what the idiot bloggers are telling you.

Given your situation...



...that tells me you need to do a lot more homework before you jump in.

Hint: it would NOT be a good idea to open 10 cards and then close them.

Especially for someone who has "excellent credit but low income" (as you describe yourself). Opening 10 cards and then closing them would be a great way to quickly become someone with bad credit and low income.

You need to educate yourself about this stuff. It's not impossible, but anyone who thinks they can just follow some simple circles-n-arrows guide and they'll soon be jetting off to Asia in a forward cabin with no effort made is a fool. Those with low incomes will find it more challenging that others.

There's no substitute for doing the "work" - invest some of your time here, read, read more, and be very skeptical of anything some professional blogger has to say (they count on suckers - don't be one). Take your time and be smart. Good offers on credit cards come and go every day. Better to miss out on the current craze and learn about the bigger picture than to maybe get one credit card (or maybe not) and end up with a tarnished credit rating to go along with your low income - a combination that is NOT going to get you a nice flat-bed seat and champagne on a flight to asia.

Slow down, take you time, be smart.

Good luck.