There's a good chance that early spring next year I'll be relocating to the US. From what others told me, it can be a pain to start out in the States with no credit history as everything relies on you having a credit score. Given that I frequently travel to the US, I was thinking I could circumvent the usual difficulties by building up my credit history far in advance.
My plan is:
- Open up a bank account in the US (I know this is possible with Wells Fargo)
- Get a secured credit card
- Spend as much as possible on said credit card every month
- Slowly increase my credit rating to the point where it's reasonable in 9 months when I make the move
Is my plan feasible or is there a "catch" I'm missing?