Building up credit on credit card. Is it by spending and repaying it on time to have good credit?

Most of the reply covers the essential.

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Let me give you my personal view.

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Getting a Credit Card should some with a "Value" Purposes rather then building a "Credit" on Credit Card.

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Most Values comes from

1. Cash Back

2. One for One Offer

3. Miles Point or Equivalents

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Having a credit card also expose you to fraud use or sometimes double charges if you are not the checking type.

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So remember to only apply Credit Card when it benefits you and not trouble you.

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Hope this reply helps.

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Thank you.

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Yes the key is to spend on credit cards but pay off your debts every month.

Well, spend if you must. Credit cards do come with benefits like cashback or earning miles, or dining deals if you are into those. With benefits comes responsibility to pay off your monthly credit card bills in full. This helps in maintaining a good credit score.

Yes paying your bills on time helps with a good credit standing

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