There are great credit cards for everyone, no matter if you are looking to establish credit or are in the process of rebuilding your credit. 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 card options.
Bank of America Travel Rewards Credit card 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 fee, and you can earn unlimited 1.5 points for every dollar spent. There are no blackout dates or restrictions on baggage or airline fees. In addition, you can earn a sign-up bonus of 25,000 points, which can be redeemable for $250 in travel.
Online credit scoring can be checked online by applicants for this credit cards. This way, they can understand the key factors that are affecting their credit score. It also allows them to track their credit score and compare it to the national averages. This is particularly useful for those who are transitioning from college life to post-grad life. Your chances of getting approved to rent your first apartment or scoring the best credit cards will be higher if you have a better credit score.
Students need to be aware of foreign transaction charges. These fees can add up fast, especially if students are abroad. The $200 sign-up bonus is still available to students if they purchase $1,000 within the first 90 days. The credit card also allows you to personalize your rewards. Cash back can be chosen from a variety of categories once per month. You can earn 1.5 points for every dollar you spend on gas, groceries, dining and home improvements.
Discover it Secured Credit Cards
It is a smart way to build credit. This card has a generous Welcome Bonus and a high cash-back program. It allows you to seamlessly switch from an unsecured credit card after seven month. This will allow you to continue building your credit, while still being able to pay your bills in full.
To open an account with Discover it Secured, you will need to deposit $200. This is the middle range of secured credit cards. The balance transfer fee can be up to five per cent of the transfer amount. This applies after six month. This fee is very low in comparison to the benefits you get from this card.
The Discover it Secured cards also come with a generous Welcome Bonus. In your first year of using the card, you will receive up to $200 in cash back. It's great because your credit score will rise if you pay your monthly bill on time.
Petal 2 Visa Credit Card
Although the Petal 2 Visa Credit Card is not the best card to build credit, it is a great choice if you are looking for a card with zero fees and rewards for purchases. The card is free of annual fees and gives you 1.5% cashback on eligible purchases. It is designed for people with bad or fair credit.
Petal 2 Visa Credit Card: The issuer will run a credit check on your credit history. The issuer will review your financial records, including digital and banking histories. Bad credit will result in your application being declined. 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 has features like credit monitoring, budgeting, and budgeting. It's also a good choice for a first card, and it's designed specifically for people looking to build credit.