You can apply to for a variety of credit cards. Some cards can be used for those with poor credit, while others may be suitable for those with better credit. You will need to pay a security deposit before your card is approved. There are also student credit cards available.
Bank of America's Travel Rewards Credit Cards for Students
If you are a student looking to build credit, consider using the Bank of America Travel Rewards Credit Card for Students. There is no annual cost and unlimited 1.5 points per $1 on all purchases. There are no blackouts and no restrictions on airlines or baggage fees. A sign-up bonus is available of 25,000 points that can be used to redeem $250 for travel.
Students can check their credit score online when they apply for this credit-card. They will be able to see what factors affect their credit score. In addition, they can track their recent score and compare it to national averages. This is especially helpful when you are moving from college to work. An increase in credit score can improve your chances to get approved for your first apartment.
Foreign transaction fees should not be overlooked by students. These fees can quickly add up, especially for students studying abroad. However, students can still qualify for the $200 sign-up bonus if they make $1,000 in purchases within 90 days of account opening. You can also customize your rewards with this credit card. Cash back can be chosen from a variety of categories once per month. For example, you can choose to earn 1.5 points per dollar spent on dining, gas, grocery, and home improvement.
Discover it Secured Credit Cards
It is a smart way to build credit. This card provides a great cash-back program as well as a generous bonus. It allows you to seamlessly switch from an unsecured credit card after seven month. This way you can continue to build your credit but still be able pay your bills promptly.
For the Discover it Security card to be opened, you'll need to provide a $200 security deposit. This is in the middle of the range for secured credit cards. After six months, you will be required to pay a balance transfer fee up to five percent of your transfer amount. However, this fee is very reasonable when compared to the benefits of this card.
The Discover it Secured credit card comes with a generous bonus. The company will match $200 of the cash you earn during your first year. It's great because your credit score will rise if you pay your monthly bill on time.
Petal 2 Visa Credit Card
The Petal 2 Visa Credit Card may not be the best credit card for building credit, but if you're looking for a card that offers a zero-fee option and rewards you for purchases, it's a good choice. You get 1.5% cashback on eligible purchases and no annual fees. It's designed specifically for those with bad to fair credit.
Petal 2 Visa Credit Card: The issuer will run a credit check on your credit history. This will be based upon your digital financial records as well as your banking history. You will be declined if your credit score is not good. In order to avoid any interest charges, it is important that you pay the entire amount in full by the due date.
The Petal 2 Visa Credit Card can help you build credit in the long term. It provides features like credit monitoring and budgeting. This card is a great choice for first cards and people who are trying to build credit.