What's a good credit card to start with?

[sweettart]

I'm a sophomore in college and turned 18 in August. I need a credit card to build credit with (and to buy things). Which one would you recommend and why? Which one is easy to get if you have no credit but not bad credit?

 

Amex Blue for Students.

 

[tizodq]

my first credit card was the student discover card. it was easy to get and i had no credit otherwise, plus you get 2% back on everything you buy.

 

[Mill]

American Express Centurion is a good start. Either that or Diner's Club.

 

[loup garou]

Originally posted by: jumpr
Amex Blue for Students.

I agree.

 

[sweettart]

i applied for amex blue but it wasnt the student one and i got something in the mail for the discover student so i think i shall send that one in tomorrow. i also applied for another amex card. i feel kinda hopeless though because i couldnt even get a victorias secret credit card.

 

[MustangSVT]

Discover Platinum.

 

[FuZoR]

CITI!!

most student CC are similar.. just look at the diffrent ones and see which rewards you like the best.

 

[StageLeft]

Uhoh, sweethart (second reply in thread). Broke + credit card = bad!

 

[sweettart]

I need the credit card to pay for college stuff. Financial aid is retarded and gives out money a couple weeks after school starts. How the heck am i supposed to buy books. I need the plastic.

 

[StageLeft]

Originally posted by: sweettart
I need the credit card to pay for college stuff. Financial aid is retarded and gives out money a couple weeks after school starts. How the heck am i supposed to buy books. I need the plastic.

And so it begins

 

[RossMAN]

If you have a lot of credit inquiries (every time you apply that's an inquiry) it negatively affects your credit.

So I have good news and bad news.

Good news - I know of a credit which you are 99.99% guaranteed to be approved for.

Bad news - It requires a deposit of $300 - $1000 they keep your money for 1 year, after you've used your credit card and made on time payments. You get your money back plus interest earned.

Which bank do you bank with?

 

[johnjosh]

if you can be responsible with your cc then ask your parents to give you one that is connected to there account, that way you will get low apr% and your cc history will be growing just make sure that you pay the bill on time.

 

[StageLeft]

Originally posted by: johnjosh
if you can be responsible with your cc then ask your parents to give you one that is connected to there account, that way you will get low apr% and your cc history will be growing just make sure that you pay the bill on time.

Unfortunately, having a card hooked up to an account that is originally in somebody else's name will not affect your credit in any manner. Since you're not responsible for the bill and they are they're the ones who have to pay it in time, and your card is merely an appendage on their account. A co-sign (parents co-sign for you and put their name on the application with yours as a show of good faith) will benefit your credit, but simply getting a card from their account with your name on it won't work. I could get one for my cat. It would say Abby Cat, but it won't help her credit

 

[johnjosh]

Originally posted by: Skoorb

Originally posted by: johnjosh
if you can be responsible with your cc then ask your parents to give you one that is connected to there account, that way you will get low apr% and your cc history will be growing just make sure that you pay the bill on time.

Unfortunately, having a card hooked up to an account that is originally in somebody else's name will not affect your credit in any manner. Since you're not responsible for the bill and they are they're the ones who have to pay it in time, and your card is merely an appendage on their account. A co-sign (parents co-sign for you and put their name on the application with yours as a show of good faith) will benefit your credit, but simply getting a card from their account with your name on it won't work. I could get one for my cat. It would say Abby Cat, but it won't help her credit

okay thanks for clarifieing that for me.

 

[RossMAN]

Originally posted by: johnjosh

Originally posted by: Skoorb

Originally posted by: johnjosh
if you can be responsible with your cc then ask your parents to give you one that is connected to there account, that way you will get low apr% and your cc history will be growing just make sure that you pay the bill on time.

Unfortunately, having a card hooked up to an account that is originally in somebody else's name will not affect your credit in any manner. Since you're not responsible for the bill and they are they're the ones who have to pay it in time, and your card is merely an appendage on their account. A co-sign (parents co-sign for you and put their name on the application with yours as a show of good faith) will benefit your credit, but simply getting a card from their account with your name on it won't work. I could get one for my cat. It would say Abby Cat, but it won't help her credit

okay thanks for clarifieing that for me.

Skoorb is correct. Just having your parents add you as an AUTHORIZED USER may appear on your credit history, however you are not shown as a borrower.

sweettart's two best chances for getting a credit card are:
1) Get your parent, brother, neighbor, co-worker, or boyfriend to co-sign with you.
2) Go to your local bank or credit union and apply for a secured credit card.