I'm a college student and I don't have any credit what is the best credit card I should get to build my credit
Answers:
If you're a student, you have a few options. There's actually a a wide range of issuers who have credit cards designed specifically for college students. You can find a complete list here:
http://www.asapcreditcard.com/student-ca...
Although these offers tend to have higher interest rates when compared to 'standard' credit cards-- they'll give you the opportunity to prove your credit worthiness and improve your credit score. Eventually, with regular on-time payments-- you'll be able to qualify for better offers with lower APRs. But for now... these are your options (unless you choose a card for no credit-- which will have additional fees).
Hope this helps. GOOD LUCK!
Try either capital one or HSBC
amex - so you have to pay it off each month and do not end up like some credit junky with 10k and have to file bankruptcy
A store credit card.
They are easy to get. And The limits are low so you cant get in trouble. But you can still build your score up just like a regular card.
For the guy above me HD...what kind of loser would have to file for bankruptcy being 10k in debt? Your not suppose to file until your credit card debt reaches 2x your income level.
Avoid Discover like the plague! They will give anyone a credit card and it sounds great until you get the 28% APR... they looove college students cards because most of em can't pay off their cards every month. So unless you can be disciplined enough to only charge what you can pay off each and every month. You have to pay it off completely or the finance charges will kill ya! Capital one is a good one to do. Or if you can get one through your bank those are usually pretty good. Especially if you have bank one or Washington mutual bank accounts those should be pretty good.
Remember to build up your credit you need to be able to be smart with your card... you've gotta be able to pay it off and don't let them give you really big credit limits. If you have too much credit limit it will actually bring your credit score down. Keep it around $500 credit limit it should be fine. Now after you keep your credit card in good standing for about 6 months or a year they will raise your credit limit... so keep an eye out so you can call them and have them reduce it back down again.
Some colleges have their own credit unions or banks... and usually those are good places to get credit cards because they are designed to help college students instead of take advantage of them...
Good luck to ya :D
Hello Angel. The best card I can recommend for you if you are wishing to rebuild or even build credit is by applying for an ORCHARD BANK CARD, CENTENIAL, OR FIRST PREMIER. Now mind you might want to pull your credit before you do this, but these cards in particular, being the fact they can be either secured or non secured don't ck credit. In other words if it is a secured card, your credit will not be an issue because you will have too put some money down on the card wich will be your spending limit. However, these cards do report to all three major credit bureaus and will help you build credit quicker and faster and guaranteed. A few words of advice however...
1) Don't spend more then what you make in a year or a month.
2) Make all your payments on time.
3) If you can pay more then the minimum.
Everything I just said will help build your credit faster. Another way too build credit is to go to places that work with credit challenge individuals that help you either build credit or rebuild. For example, places like Conns, Orchard Bank, or even dearlship that has in house financing or 2nd chance bank can do this for you and help with this. If you want a good selection of cards my suggestion is go to www.credit.com where you can pick the card that is right for you. However, please remember to be sure to read all the fine print and follow the instructions provided.
Max Jackson
Credit Analyst
Mr. Good Credit
1-817-323-7343
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You should get the student rewards credit card that will pay you the most cash back for your normal spending profile. This rewards calculator tool will calculate how much the various student rewards cards will pay you for your normal spending:
http://www.creditcardtuneup.com/?card_ty...
By the way, your strategy for using your credit card(s) should be:
1. Do all/most of your "normal" spending through your credit card(s) (without maxing them out of course)
2. Pay off your monthly balance(s) in full
That way you'll build your credit as fast as possible, avoid interest, and earn rewards for as much of your spending as possible.
1. Student life is where most of us start building our credit history. Imbibing good financial habits right from the student life keeps us in good books of credit rating agencies. Building credit history is key to a solid financial foundation, and no other card allows you to build your credit history like the Discover® Student Tropical Beach Card.
2. Discover® Student Tropical Beach Card helps the student save money on interest rates, annual fees. It gives a 0% Intro APR on purchases for 6 months, and has no annual fee. Since a student is just beginning his financial life and issues like credit card fraud, identity theft might bother him. Discover® Student Tropical Beach Card comes with $0 fraud liability guarantee and gives absolute peace of mind to its owner. Managing Discover® Student Tropical Beach Card accounts is a breeze because it offers Easiest Online Account Management Options. Almost all account related activities can be done online. This saves a lot of time which can be used to enjoy this golden life even more.
3. Spend as you save is the most popular benefit of Discover® Student Tropical Beach Card with it You’ll also earn 5% Cashback Bonus® on Get More purchases in popular categories that change four times a year like home, apparel and more* and up to 1% Cashback Bonus on all other purchases automatically*. Forget worrying about the expiry of rewards, because the unlimited cash rewards never expire as long as you use your Card. The credit card holder also has the option to DOUBLE his Cashback Bonus (turn $20 into $40) when you redeem for gift cards or certificates from many of our 70 brand name partners.Read more about it: http://www.credit-card-gallery.com/stude...
There are lots of queries on credit cards and people asking it now and then. Credit Cards are often used both online and offline. You need to choose the better credit card for you.
You must know all about credit cards and how to use credit cards offline/online and how to get the best credit cards in the blogspot down here. There are<!--lots of credit cards to choose but you need the best one to satisfy your needs. There are many credit cards out here but you need to choose the right one for you. To know how and more about credit cards,
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Everything you need to-->know about credit cards. Hope this helps. Thanks.
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