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Valued Contributor
Posts: 1,958
Registered: ‎08-13-2007
0

Re: Applying for first credit card- Suggestions appreciated

You also might consider calling Amex and asking them what the minimum qualifications are. Explain your current situation and see what they have to say.

 

They would tell you - without your taking a hard INQ...

 

Ray

Ray

** Every Card has a Job, and Every Card does its Job **

Senior Contributor
Posts: 3,197
Registered: ‎01-24-2010
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Re: Applying for first credit card- Suggestions appreciated

[ Edited ]

For Capital One,    Pick one from the "Average Credit".  The  "Student" cards might be good for you,  no AF.

Frequent Contributor
Posts: 332
Registered: ‎04-08-2011
0

Re: Applying for first credit card- Suggestions appreciated

[ Edited ]
let's do some investment.I would suggest open two or three secured cards with limit $2000 each.
You will save yourself some hassle next 8 months to one year when applying for unsecured card.
1. your average age of account will not reduce as much compared to having only 1 tradline when new tradeline at that time start being reported.
2. your credit limit will be more likely start at more than $1000 if you have some history on $2000 TLs, avoid being stucked in toy hell.
New Member
Posts: 5
Registered: ‎06-11-2011
0

Re: Applying for first credit card- Suggestions appreciated

You need to go to a CREDIT UNION in your area and talk to them about getting a credit card.  I owe 14,000 in student loans and I make half of what you do. However, I was still able to obtain a visa card through my local credit union with 10,000 dollar credit limit. You can do better than orchard, go to a local credit union and talk to them in order to see what they can do for you. 

Regular Contributor
Posts: 227
Registered: ‎12-09-2010
0

Re: Applying for first credit card- Suggestions appreciated

+1 to a credit union.   I bet you can do much better than orchard with a local credit union. 

 

I also got my first CC from Shell.  They didnt ask how much I made.   They gave me a 400 dollar CL. 

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Valued Member
Posts: 35
Registered: ‎06-07-2008
0

Re: Applying for first credit card- Suggestions appreciated

+1  to Rockin' Ray.

 

Frankly, if your education or life experiences to this day has done you well, let Amex Zync be the cornerstone to a your budding fiscal ascent. 

Established Contributor
Posts: 980
Registered: ‎07-16-2010
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Re: Applying for first credit card- Suggestions appreciated

Agreed. Amex Zync would be amazing. Then later you could get a credit card to go along with it if you ever needed to carry a balance and just to have another trade line reporting...

 

With no revolving accounts though, i could see AMEX being weird about it...but who knows, maybe not. Probably just try for the AMEX Zync and if that doesnt work get a secured card or go with Orchard/Cap 1....I dont see how you couldnt get a Cap 1 card...i know people in the 500's get them regularly...

$1200 $1250 $4250 NPSL $5300 $1350 $3000

$6050 $5000 $10500 $2416 $6500 $3000
Member
Posts: 9
Registered: ‎07-14-2011
0

Re: Applying for first credit card- Suggestions appreciated

I applied for the Amex Zync but unfortunately I was declined.  I'm going to try the credit union through my employer next week.  Hopefully they might be able to work with me.  If not, I'll go the secured route.  Thanks for everyone's help.

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