Credit cards are a good option for college students. 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. Here are some options to consider: Bank of America(r) Cash Rewards Credit Card, Discover Visa, U.S. Bank Altitude Go Secured Credit Card, and Capital One Quicksilver Rewards Credit Card.
Bank of America(r), Cash Rewards Credit Card
A Bank of America cash reward credit card is an option for recent college graduates. Benefits include no annual fee and no minimum expenditure requirements. You can also enjoy a special APR period to allow you to pay off your purchases without 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 a fantastic bonus as most student credit card companies don't offer this generous bonus. In addition, you will receive a free FICO credit score each month, which is a nice touch when you're first building your credit history.
Discover Visa Credit Card
There are many credit cards for recent college graduates on the market. Some of these cards are rewards-oriented, while others have low annual fees. You'll need to choose the card that suits your needs. If you're a recent graduate with good credit, you should be able to get approved without too much trouble. You can even find a starter card to help you build your credit history.
The Discover card's low interest rate and rewards program are some of its best attributes. The card gives you a two percent cashback at gas stations, and a 1% rebate on all other purchases. With good payment habits, you can build your credit score over time.
U.S. Bank Altitude Go Secured Credit Card
U.S. Bank Altitude Go Secured Credit Card provides a rewarding rewards program. This rewards card rewards users for making purchases. You can redeem your rewards for a wide range of merchandise and gift vouchers that don't expire. Text messages are also an option to redeem points instantly.
A secured card can be a great choice if you plan to graduate from college but aren't sure how your credit score will turn out. This card gives you rewards for shopping at reliable online stores. You don't have to pay an annual fee or foreign transaction charges.
Capital One Quicksilver Rewards Card
For college graduates looking to earn cash back on their most purchases, the Capital One Quicksilver Credit Card can be a great choice. This card offers 1.5% cashback on most purchases and 5.5% cash back for travel bookings. There is no annual fee, and there are no foreign transaction fees. You should be aware that these benefits have limitations and terms.
The Capital One Quicksilver Rewards Credit Card offers great value for everyday spending. Its 1.5% cash-back rate is one among the highest student credit cards. The card does not have an annual fee. This makes it a great choice for people who intend to make regular purchases. Other student cards offer higher base reward rates in bonus categories but lower general spending.