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Mus24 · 07-19-2006, 07:45 AM

I am new to US and therefore have no credit history but I opened up my checking and savings account at Chase.My bro asked me to use my Visa debit card to pay off his small monthly bills so that I start building up my credit.
But I read somewhere that paying bills with a debit card doesn't build up any credit score at all.Is that right?

So two days ago I applied online for a CapitalOne Cardit card with a $39 annual fee and they said they would send me one in a week.
Q1: Do I build up my credit score by paying bills from my Visa debit card?

Q2: Is CapitalOne credit card the right one to start with building a credit history?
Thanks.

07-19-2006, 07:45 AM	#20 (permalink)
Mus24 Upright	Building credit with a debit card. I am new to US and therefore have no credit history but I opened up my checking and savings account at Chase.My bro asked me to use my Visa debit card to pay off his small monthly bills so that I start building up my credit. But I read somewhere that paying bills with a debit card doesn't build up any credit score at all.Is that right? So two days ago I applied online for a CapitalOne Cardit card with a $39 annual fee and they said they would send me one in a week. Q1: Do I build up my credit score by paying bills from my Visa debit card? Q2: Is CapitalOne credit card the right one to start with building a credit history? Thanks.