My 1st-year journey into the world of cards and points: From baby steps to maximizing rewards

Before I joined TPG in March 2022, my knowledge of credit cards and the world of points and miles was limited, to say the least. Authorized users? What are those? Free night awards? Don’t know. Chase’s 5/24 rule? Never heard of it.

I come from a family of relatively infrequent travelers, vacationing in the Outer Banks in North Carolina every summer but only going abroad a few times and not having any real sense of how valuable credit cards can be to the average traveler.

That quickly changed when I began to work with the experts on TPG’s credit cards and points and miles teams, who’ve taught me the basics — things like the major card issuers, how to maximize your redemptions and the all-important 10 commandments of credit card rewards. It’s made me a more knowledgeable employee but has also helped me in life — allowing me to transition from having no credit history at all to a credit score comfortably above 700 in just over a year.

What follows is a step-by-step guide to how I did it and a simple blueprint for how you can do it, too.

First, some context: My parents aren’t exactly what you’d call points and miles enthusiasts. They have exactly one (1) credit card, a cash-back card from their bank of choice. My dad, being the frugal guy he is, also didn’t see to it that I got a student credit card in college or got added as an authorized user on their card. (For what it’s worth, I wouldn’t have trusted me either.)

Upon graduation, therefore, I had essentially no credit history to speak of, save for some rent payments on my college apartment and a few utilities. In one sense, that’s not so bad — starting with a clean slate — but I was definitely behind the eight ball a bit in trying to build a trustworthy profile for issuers.

The next step, per our plan: getting a card of my own. For me, that meant getting the Discover it Secured Card, one of the best-value secured cards on the market, with perks akin to the regular Discover it.

Secured credit cards, in essence, are credit cards that require a security deposit for you to use them, reducing issuers’ risk while allowing people with limited credit history to build it. In my case, I put in a security deposit of $2,500 to get a monthly credit limit of the same amount.

The Discover it Secured offers earning rates similar to the unsecured Discover it: 2% back at gas stations and restaurants and 1% back on everything else, with all of the cash back of your first year with the card matched by Discover. In my case, I got about $150 cash back — and that was doubled to over $300 at the end of my first year. Not bad.

The information for the Discover it and Discover it Secured cards has been collected independently by The Points Guy. The card details on this page have not been reviewed or provided by the card issuer.

A few months later, I applied for and landed the Apple Card, which offers 3% cash back at select vendors (including Apple), 2% when you use Apple Pay and 1% on everything else.

Those rates are good — but not great — returns for a cash-back card. However, I felt it was the right card for me for several reasons.

First, I eat out a lot and almost always use Apple Pay when I do so. The same goes for all my large online purchases. I also value the Apple Card interface’s simplicity and ease of use. Plus, there are no fees of any kind.

Lastly, I was able to capitalize on a targeted offer that landed me a $75 cash bonus when I got the card. Again, that’s not great, but it’s better than no bonus at all, in my opinion, and I’ve been enjoying the straightforward benefits of the card ever since.

That’s one of the best credit card lessons I’ve learned in the last year or so, too: A card is only “valuable” if it gives value to you. If you don’t travel a lot, consider a cash-back card. If you spend a lot in a given spending category, find a card that rewards that.

For example, the Blue Cash Preferred® Card from American Express offers 6% cash back at U.S. supermarkets (up to $6,000 per year) and on streaming services. If you spend big on groceries and watch lots of Netflix, it’s a card that’d make sense for your lifestyle.

The information for the Apple Card has been collected independently by The Points Guy. The card details on this page have not been reviewed or provided by the card issuer.

I’m almost 18 months into my credit card journey, with a ways to go. I still don’t have a premium card like the Chase Sapphire Reserve or The Platinum Card® from American Express. I also got denied a while back for the Chase Sapphire Preferred Card, with the issuer citing a lack of lengthy credit history as the reason why, despite my high credit score.

My plan from here out is to land a mid-tier annual fee card like the Sapphire Preferred or the Capital One Venture Rewards Credit Card, (see rates and fees) fully immersing myself in the points and miles world. The goal is to take advantage of that card’s welcome bonus (obviously) and use those miles to pay for my next big trip, probably this holiday season or next summer.