For young adults with little or no credit history, an 18 year old credit card is a great way to start building their credit. Young adults have many choices when it comes to choosing a credit card product. This article will explain the Capital One Venture XRewards Credit Card, Petal 2and Chase Freedom Unlimited.
Capital One Venture X rewards Credit Card
Be sure to check the eligibility requirements before applying for a credit line. For this type of credit card, applicants must have a credit score greater than 740. However, it is possible to get approved if you have a score between 700 and 740. This credit card offers many great benefits.
The first step is to obtain a credit report from all three credit bureaus. A credit freeze on your credit file will have to be removed before you can apply. This is a common practice for many credit cards companies. Venture X rewards creditcard has some distinctive features.
As the name suggests, Capital One Venture X rewards credit card offers two times the amount of Capital One miles on eligible purchases. The annual fee for this credit card is $95 and it also features a Capital One Travel portal. The card offers two lounge visits free of charge each year and 75,000 bonus mile opportunities for those who spend $4,000 in the first three months.
Chase Freedom Unlimited
The Chase Freedom Unlimited 18 years old credit card offers an average sign-up bonus and lower rewards than premium Chase credit accounts. You might still be eligible if you are 18 years old with good credit. The minimum FICO credit score required to get this card is 670.
For those looking for a high-cash back credit card with no annual fees, the Chase Freedom Unlimited 18-year old credit card is a great choice. This card earns 1.5% cash back on all purchases and earns 5% on Chase travel and dining purchases. Other benefits include no annual fee and the ability to keep all of your rewards.
Chase Freedom Unlimited 18-year old credit card comes with no annual fee and a low initial rate. After the promotional period the APR increases to a high rate. While there's no annual charge, you will need to pay a foreign transaction cost of 3%. This card is great if you're planning on traveling abroad. It offers emergency assistance and trip cancellation protection.
Petal 2
Petal 2 credit cards are a great option for anyone 18 years old looking for a card. This type of card offers a high credit limit for those with bad credit. The APR is higher than the average credit card building card. Also, missed payments can negatively impact your pre-approval decision.
Petal Rewards, and Petal Deals are the two types cash back options offered by the Petal 2 debit card. Petal Offers is a program that gives customers cash back for certain purchases. The amount that you spend will determine how much cash you earn at certain merchants. Cash back is automatically deposited in your Cash Back Wallet. It can be redeemed to cash in a check or statement credits.
Petal 2 Visa Cash Back, No Fees Visa credit card is a great option for people with bad credit. This card is eligible for cash back and has a credit limit up to 10,000. Petal 2 has many advantages, including an app that helps you track your spending and improves the credit score. The mobile app lets you see your credit score and account amounts, along with payment due dates, rewards, payments, and more. The app features a tracking feature which allows you to see your spending habits and improve the credit history.