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credit cards credit FAQ
I do not know of a single credit card that earns you interest on a credit balance. That doesn't mean there aren't any. Good luck finding one, but I'm not sure that will count a lot to establishing credit worthiness.
Before creditors lend
Therefore, buy something from
Since your history is with the crappy cards, keep them open, at least till you build some history with the new accounts. If they charge fees, you may want to go ahead and close them. It will ding your score but you should rebound rather quickly.
You can check here:
http://www.edealinfo.com/creditcard/
The most popular ones are Citi Dividend Platinum Select MasterCard and Chase Cash Plus Rewards Visa Card. Both have no annual fees, 5% cash back on grocery stores, drug stores
credit cards credit news
Restitution gap in massive credit card scheme case
Adekunle Adetiloye, 40, a native of Nigeria who was living in Toronto, pleaded guilty to mail fraud and was sentenced to 18 years in prison last month following a years-long investigation. He was accused of stealing the identities of about 38,000 people and opening nearly 600 fraudulent bank accounts to bilk as much as $1.5 million from nearly two dozen banks and credit card companies.
Source: Boston.com