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how does one with no credit history get a visa card?

Get one from your bank where most of your monies are kept. I did that with mine at the ripe age of 19, and got a sizable credit limit to start with. Oh, and make sure you note your parents make many many monies (i.e. bank can run after someone if you don't pay).
 
They pretty much go on your average income a year, how long you've been employed, and what you pay in expenditures.
 
i got mine through my parents when i was 18 just so i could build some credit...never use it except for a big purchase that I have the money for just want to use it to build.
 
I got approved for a Capital One Visa with a limit of $200 the day I turned 18. I'm now 23 and have $50k+ in available credit on a handful of cards. Just use it for everything and pay the bill in full at the end of the month. Request credit line increases when you can or when you've outgrown your limit.
 
I mainly got mine after realizing how little I'd done while on the cusp of adulthood. Glad I didn't get denied my first time, but when I tried to get a 'better' rewards Mastercard, mofos denied me. To this day I pocket-finger Mastercard kiosks set up at buildings at my college...
 
i was rejected for a 'limited credit history capital one visa' for not having a credit history. i just got one of those orchard bank secured cards and i'm hoping that after 6 months with that i can apply for something better.
 
Originally posted by: OrganizedChaos
i was rejected for a 'limited credit history capital one visa' for not having a credit history. i just got one of those orchard bank secured cards and i'm hoping that after 6 months with that i can apply for something better.
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check your credit score first. i too had limited credit, but when I started working at Morgan Stanley Dean Witter, I was able to apply for a Discover card that took a chance on me. That's my oldest card now and I will always have to keep that account open.
 
I agree with looking into the companies which are trying to lure in college students. The credit card industry is cut throat. Eventually, someone will accept you with a limited credit limit and probably a crappy interest rate. Just make sure to make all payments on time and to call once a year to have your interest rate reduced.




Originally posted by: joshsquall
I got approved for a Capital One Visa with a limit of $200 the day I turned 18. I'm now 23 and have $50k+ in available credit on a handful of cards. Just use it for everything and pay the bill in full at the end of the month. Request credit line increases when you can or when you've outgrown your limit.
Click to expand...

Quick warning to you and anyone else with this much credit line. Even if you are not in $50k of debt, this can still look bad depending on your income. There are certain cases where you can get denied loans, good rates, etc for having too big of a credit line that does not go along with your annual income. The reason is because certain lenders and companies want to play it safe and they choose to assume that even though you may not be in $50k of debt, you could potentially get yourself in $50k of debt and you could do it overnight. Therefore, your "risk" as a borrower goes up even though your history is fine. A good rule of thumb is to keep your credit line at or below 30% of your gross annual income.

 
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