You can't have a strong credit card portfolio if you're just starting your career or a recent college graduate. After all, if you've built up your credit history during college, your chances of approval for rewards cards are better than ever. Graduates with excellent credit can choose from many cards depending on their spending habits, budget and credit history.
Capital One QuicksilverOne Credit Card Cash Rewards
The Capital One QuicksilverOne Cash Rewards credit card is a great option for recent college graduates who have fair to average credit and are looking to build credit. This card is designed for new grads to rebuild their credit. It has a low annual cost of $39, as well as a rewards program that gives consumers 1.5 percent back on each dollar they spend. Cash back can be used for monthly payments or redemptions for statement credits.
Capital One offers several credit cards that offer premium rewards to recent college graduates. Two popular options are QuicksilverOne cash rewards and SavorOne Student. These credit cards are similar to the premium rewards cards, but are targeted towards recent college graduates. Both cards offer decent rewards, as well as a $200 bonus if you make a purchase of $500.
Capital One SavorOne Credit Card - Student Cash Rewards Credit Cards
Students will love the many benefits offered by Capital One SavorOne's Student Cash Rewards Credit Card. Capital One SavorOne student cards do not have foreign transaction charges, making them a great option for those who travel a lot. Additionally, you can earn rewards for dining and entertainment. The card does have some limitations. It earns cash back at a lower rate than other categories.
Capital One SavorOne student cash rewards credit card provides cash back for purchases made in restaurants, cafes, and grocery stores. Cashback is possible at most stores, but it doesn't apply to Walmart and other large-box retailers. Capital One SavorOne Student cash rewards credit cards allow you to get up 3% cashback every day on purchases.
Capital One Platinum Secured Card Credit Card
If you are a recent college graduate and are looking to build your credit, consider applying for the Capital One Platinum Secured Credit Card. While this card has few frills, it does not charge any annual fees or foreign transaction fees. MoneyGeek offers a detailed review. It will give a summary of the features and help you compare it with other credit options.
Another great option is the Capital One SavorOne Credit Card Student Cash Rewards. This card gives you rewards for every purchase and can help you build credit and establish good habits. This card can increase your credit limit by up to 6 months. With this card, you can get 1% cash back for purchases. If you can make your payments on time, you can increase your cash back to 1.25%.
Petal 2 "Cash Back, No Fees" Visa Credit Card
Recent college graduates can use the Petal 2 Visa Credit Card "Cash Back, No Fees", which is designed to help them manage their finances and build credit. The algorithm will consider your income, savings, spending and could even factor in your credit score. Link your bank account and Petal's site to apply. Your login credentials will be stored but the site will only have read-only access.
WebBank's Petal 2 Visa Credit Card with Cash Back and No-Fees is a great choice for recent college grads without credit history. The rewards structure is confusing and offers rewards for good credit behaviour. It might be the best option if you are a recent graduate and don't mind paying monthly or annual fees.