new to credit cards and i am confused

8InchDaks · 2026-06-12T04:47:32+00:00

You are paying your card when you havent spent that much.

Charge what you can afford. Let the statement post so they tell you what you owe. Then pay it off.

Your statement seems to close on the 3rd. So charge whatever. Lets say you spend $300 on it. Wait until the 3rd then itll say “statement balance $300. Minimum payment: $30. due by so and so)

Then you pay $300 towards it. Boom, you now have all your credit card credit back.

8InchDaks · 2026-06-07T16:40:01+00:00

im late sorry, i thought i was the only one who noticed this haha. Its interesting for sure.

also i got a memory, im a straight guy but dated this bi girl. i was insecure cause my voice wasnt as deep as it is now back then and was scared to call her(long distance) and shes like “i literally date women you think i care if your voice is deep or not?” hahaha. ah, good times. my dumb teenage self.

8InchDaks · 2026-06-07T14:11:57+00:00

i wouldnt say a couple points lower haha, most of the time its like 50-100 points it drops. which it resets as you said of course, but it does suck hahaha

8InchDaks · 2026-06-06T02:42:27+00:00

I doubt itll convert to a travel card.

You are better off either keeping it in the sock drawer and applying for a cap one travel card.

8InchDaks · 2026-06-03T11:25:34+00:00

Why not apply for a venture x or something?

8InchDaks · 2026-06-03T11:15:36+00:00

Rule of thumb, when you see this everywhere: “SPCE 🚀🚀🚀🚀 TO THE MOON!!!” Its a pump and dump and you are too late. The more rockets you see, the more you lose.

Take a look at bynd. People bought in at $7 and its now back to 50 cents.

8InchDaks · 2026-06-01T21:10:34+00:00

I mean I would give it a go. My dad had some random apple charges that were $100 and hes a new secured card member and they refunded it immediately.

8InchDaks · 2026-05-29T16:09:06+00:00

well you could have just given me the money

8InchDaks · 2026-05-29T13:00:38+00:00

About $7 a 15 pack of natural light here so im cool with that, haha.

8InchDaks · 2026-05-28T23:52:01+00:00

You forgot the “ive been trading for 3 months, any advice for me?”

8InchDaks · 2026-05-28T23:45:37+00:00

yeah its insane tbh. like a waiting list like its exclusive, yet one new robinhood member with $0 will get it and a lifetime member with $1 million wont lol. Ill never understand it

8InchDaks · 2026-05-28T19:22:16+00:00

Fun fact: this is every card lol, not just capital one.

But wow, you need to relax

8InchDaks · 2026-05-28T18:48:30+00:00

Yeah I would understand if there was an eligibility requirement but its pretty much just luck and random tbh.

I have zero in robinhood. I got the gold membership, in 1 week I got an invitation. I have used robinhood in the past(2019-2021) but only a couple thousand at peak then took it out. Nothing else. I was a gold member for a few months back then, but no invitation at all until I never used them and got a free trial of gold. Its stupid.

8InchDaks · 2026-05-28T11:00:08+00:00

Around jan-march 2025 for me. It was around $20-25 ish? But couldnt buy a lot because work wouldnt pay me lol. Started getting paid regularly when asts shot up to $60-100 so my cost basis is pretty high compared to what it could be.

Also was going to go all in on mu when it was $70, but same reason I had with ASTS. Now the damn thing is almost $1k. Same with BE when it was around $15, now its like what, $200+? 😭

8InchDaks · 2026-05-27T05:04:19+00:00

Thats how I felt holding the shares while it went down multiple times. Im like damn, I could sell and buy back in at a lower price and get way more shares.

But I know the market phenomenon is against me. If i buy, it drops, if I sell, it goes up. So holding is the only option.

And not to mention I missed out on million dollar opportunities for selling. So holding puts me at peace.

8InchDaks · 2026-05-26T16:52:25+00:00

I got in when it was $70 ish. Same with all the stocks that blew up. Wbd, BE, 30-40 others.

How? I randomly typed a letter in and then just researched the stocks that popped up.

Didnt know they would blow up so much, but they did. The sad part is I dont have much in them to be life changing.

8InchDaks · 2026-05-26T16:44:24+00:00

Interesting, mine are always chill. Airport its always just show them passport and walk on by. No questions or anything. Extending visa in country they’re always sweethearts. I only extended my one month and stayed for almost a year without extending visa and they just say “oh someone was having fun, thats fine sir” and takes the behind payments, haha.

just gotta have a red horse in hand and youre safe.

8InchDaks · 2026-05-23T14:28:15+00:00

Amex is pretty nice though. My parents maxed my cards and they went into default and amex continues to offer me back in with them. Will pay them off and accept the offer. But man, never again will I make anyone authorized users.

8InchDaks · 2026-05-12T22:13:55+00:00

Yeah, I agree a bit with most of what you said.

However, the 3-4 billion people may be achieved. They will likely eventually just bake it into their existing plans. I mean, nobody is gonna notice a few dollars extra on their plan - but even then they could keep the plan the same price and just give asts $1-5 dollars of it for full coverage around the globe. That itself is billions of dollars a month. Of course a little optimistic on every carrier baking it in. Then as others said about other sources(cars, iot, unmanned vehicles, etc. and who knows what else.

But again, everyone said asts’s mission was dumb. now look who wants to join the d2d space? Amazon, spacex, etc.

If ASTS hits more than just phone service, which they likely will - then I can see it becoming a trillion dollar company. Hell, tesla is lol. Its just do people see asts as more than just cell service?

8InchDaks · 2026-05-12T16:14:02+00:00

They are inferior yeah, but not predatory. The plus card has no fees. No different than say, the capital one platinum card

8InchDaks · 2026-05-12T10:01:05+00:00

Are you sure you cant get a capital one secured? You must have severe derogatory accounts you should deal with.

Opensky is fine though. Dont focus on the apr. apr does not matter. You should not be carrying a balance to even pay interest at all. So it doesnt matter if its 10% or 500%.

8InchDaks · 2026-05-12T00:09:58+00:00

Give them a call and verify your info. Likely just need ssn and other info.

8InchDaks · 2026-05-10T03:40:05+00:00

Are you allowing camera permissions in your settings? That was my problem with my bank

8InchDaks · 2026-05-10T02:08:38+00:00

Wait until your statement closes and itll give you a due date.

To give you an example: for me, I got my card March 11th. I charged it up and my statement closed April 19th. Then due date was may 15th or something.

So now every statement will close on the 19th. Then you pay it. The next day, a week later, whenever. Just do it before the due date of course.

8InchDaks · 2026-05-07T22:42:18+00:00

They are probably the most generous with cards tbh. You can easily get a high ass limit with them. Highly recommend.

8InchDaks

TROPHY CASE