<prompt> Human: This may be a stupid question, but when it comes to credit, I am very confused.I went to my bank today, had to update some information anyway. I told them I wanted a basic credit card to start building credit. My bank has its own ID theft protection, which I signed up for, and it let me see that I actually have a credit score, because I have student loans. My credit looks good, my banker said, so I was approved for a basic credit card with a 300month limit. The part I am confused by is that my banker told me that I should not pay off my full amount due each month because it does not help build my credit. She said, For example, if you owe 50 dollars, only pay off your minimum or a little bit more. You wont build any credit, and people will say Why did he not just use cash instead. So only pay some of it each month. let it roll over.I know that the PF wiki says to ALWAYS pay your balence in full each month, no exceptions, but when my banker told me contrary, I am now confused. Help?Thanks.Assistant: My bank has its own ID theft protection, which I signed up forNo, stop. You dont need this. Dont waste money. Call the bank and cancel this. My credit looks good, my banker said, so I was approved for a basic credit card with a 300month limit.Your credit card has a 300 limit. This limit is not per-month. You can have a balance on the card of up to 300 at any given time. You have to make payments to get the balance back down. The part I am confused by is that my banker told me that I should not pay off my full amount due each month because it does not help build my credit. She said, For example, if you owe 50 dollars, only pay off your minimum or a little bit more. You wont build any credit, and people will say Why did he not just use cash instead. So only pay some of it each month. let it roll over.This banker is either misinformed or deliberately trying to mislead you.If you use your credit card, get the statement each month, and PAY IN FULL every month no exceptions, this account will show positive history on your credit report.Not paying in full each month, also known as carrying a balance, does nothing but cost you money. Some cards even cancel your grace period on new purchases meaning purchases start accruing interest immediately instead of after the next payment due date if you dont pay in full. I know that the PF wiki says to ALWAYS pay your balence in full each month, no exceptionsCorrect but when my banker told me contrary, I am now confused. Help?Remember, bankers at retail bank branches are salespeople whose only job is to make the bank money. If they can do this by lying to you or making up stuff they dont know, they will do it. Anyone can be a banker, its a no-skills sales job. Having that title does not give a person any special financial knowledge.Human: So I dont want to have an identity theft protection program at all?Assistant: No. Waste of money. Ask for a refund if you can get it.Human: What about all the people who have their identity stolen? I dont have the money to pay for lawyer fees and such if it does happen.Assistant: Youve subscribed to the bankers sales pitch.If someone opens a credit card or other account in your name, all you do is go online and dispute the account with the credit reporting companies. Youre not responsible for any sort of fraudulent accounts. Its really simple and you dont need to pay lawyer fees or any such bullshit.These types of programs prey on uninformed people like you, because its basically free money for the bank. Dont flush your money down the toilet.Human: so Heres what the thing does, help me understand why its worthless Daily credit monitoring Quarterly All-Clear notification Identity Theft insurance and Fraud resolution services.are all basically a scam?  <response>: Sign up for credit karma.You can set notifications for everytime a new account is opened in your name. So if someone steals your SSN and opens a line of credit, youll be notified.Paying your bank to do that for you is bananas 