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Bgwin
Apr 23, 2004
Looking for some general thoughts on my financial situation and help with choosing a new credit card.

- 24 years old, have 15k in a Bank of America Savings account and 1k in a BOA checking account. I also have a $500 limit credit card through a local credit union I opened when I started college. I sporadically use this card and pay in full and never have been late.
- Through work I have a deferred compensation plan set up with The Hartford where I deposit $50 a week.
- Make roughly 55-65k a year depending on overtime
- No student loans, no car payment, no debt
- Main expenses are $700 monthly rent and $80 cell phone bill
- Through work I have a deferred compensation plan set up with The Hartford where I deposit $50 a week.

I am looking to open a new credit card but don't really know where to begin. I have done some research and the Chase Freedom card and Capital One look decent, although I don't really understand everything.

Also this summer I plan on buying a 2006-2008 Jeep so I'll be taking on a car payment.

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