Applying for a credit card is an option for college graduates. Credit cards should be used responsibly. This means that you pay them off each month and don't have any outstanding balances. Fortunately, there are a few credit cards available that will help you get started. These are the options you should consider: Bank of America Cash Rewards Credit Card (r), Discover Visa Card (r), U.S. Bank Bank Alltitude Go Secured Card Card (r), and Capital One Quicksilver Rewards Card (r).
Bank of America(r), Cash Rewards Credit Card
You can get a Bank of America cash rewards credit cards if you are a recent college grad. Benefits include no annual fee and no minimum expenditure requirements. You will also get a special introductory rate period, which allows you to pay off your purchases without any interest.
A generous $200 bonus is offered by the Bank of America Cash Reward Credit card for students after you spend $1,000 within your first 90 days of opening a new account. This is an excellent bonus, considering many student credit cards offer very limited bonuses. The bonus includes a monthly FICO credit score. This is a nice addition when you first build your credit history.
Discover Visa Credit Card
There are many credit cards available for recent college students. There are rewards-oriented cards and others that have low annual fees. It doesn't matter what type of card you choose, you will want one that meets your needs. If you're a recent graduate with good credit, you should be able to get approved without too much trouble. You may even be eligible for a starter card that will help you improve your credit rating.
The Discover card has a low interest rate, and a rewards program. For example, the card offers two percent cash back at gas stations and 1% on other purchases. With good payment habits, you can build your credit score over time.
U.S. Bank Altitude Go Credit Card
U.S. Bank Altitude Go Secured Credit Card offers a rewards program that rewards you for making purchases. Rewards are never expire and can be used to purchase a variety gift cards and merchandise. The card also lets users redeem their points instantly through text messages.
A secured credit card is a great option if you are planning on graduating from college but don't have a good credit score. You earn points when you shop at reputable online shops. You don't have to pay an annual fee or foreign transaction charges.
Capital One Quicksilver Rewards Credit Card
The Capital One Quicksilver Rewards Credit Card is a great option for a college graduate looking for a credit card that will earn them cash back on most purchases. This card offers 1.5% cashback on most purchases and 5.5% cash back for travel bookings. It has no annual fee or foreign transaction fees. You should be aware that these benefits have limitations and terms.
The Capital One Quicksilver Rewards Credit Card makes a great choice for daily spending. The 1.5% cashback rate makes it one of the most popular student credit cards. This card doesn't require an annual fee. This makes the card a great choice for anyone who plans to make regular purchases. While student cards have higher base rewards rates for bonus categories, they are less likely to earn general spending.