If you're a college graduate, you'll probably want to apply for a credit card. Credit cards are best used responsibly. That means paying your monthly bills and not having a balance. There are a few credit card options that can help you get going. These are just a few options: Bank of America(r), Cash Rewards Credit Card and Discover Visa. U.S. Bank altitude Go Secured credit card. 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. It has no annual fee, and there are no minimum spending restrictions. It also offers a special introductory APR period that gives you time to pay off purchases without interest.
The Bank of America Cash Reward credit card for students gives a generous $200 bonus if you spend $1,000 on your first 90 purchases. This bonus is exceptional considering that most student credit cards do not offer such generous bonuses. A monthly FICO score will be sent to you, which is a great bonus for anyone just beginning to build their credit history.
Discover Visa Credit Card
There are many credit cards available for recent college students. Some cards offer rewards while others have low annual costs. No matter which way you look, you want to find the card that best suits your needs. A recent graduate should have good credit and be approved quickly. To help build your credit score, you can also find a starter loan.
One of the best features of the Discover card is its low interest rate and rewards program. You can get 2% cash back at gas stations and 1% for other purchases with the Discover card. With good payment habits, you can build your credit score over time.
U.S. Bank Altitude Go Securable Credit Card
U.S. Bank Altitude Go Secured Credit Card has a great rewards program that rewards customers for making purchases. Reward points are not subject to expiry and can be used for merchandise or gift cards. Text messages are also an option to redeem points instantly.
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 Credit Card
For college graduates looking to earn cash back on their most purchases, the Capital One Quicksilver Credit Card can be a great choice. The card gives you unlimited 1.5% cashback on all purchases and 5% cashback on 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 can be used for everyday purchases. The 1.5% cashback rate makes it one of the most popular student credit cards. It also doesn't have an annual fee which makes it a good choice for regular purchases. Although they have higher base reward rates for certain bonus categories than this card, they still earn less on general spending.