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Valued Member
savmeformyse
Posts: 49
Registered: ‎05-20-2007
0

Best Card for a Student

Okay I have been on a hunt for a credit card for students to help build my credit. I currently have orchard bank which I have had for 2 years with a limit of 500 Which is very annoying cause I can't get anything but maybe a book. I try very hard to pay my card each month below 9% which has brought my score to only 650 I was informed that the highest my score would be is maybe 660 670 and that I would need some other form of credit.  I am looking for a card that only pulls transunion since that's my highest score any advice would be greatly appreciated.

Thanks!:smileytongue:


Starting Score: EQ: 583 TU: 623
Current Score: EQ: 624 TU: 701
Goal Score: Both Scores 680 Plus!


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Valued Contributor
bunnyrabbit
Posts: 1,413
Registered: ‎01-20-2008
0

Re: Best Card for a Student


savmeformyse wrote:

Okay I have been on a hunt for a credit card for students to help build my credit. I currently have orchard bank which I have had for 2 years with a limit of 500 Which is very annoying cause I can't get anything but maybe a book. I try very hard to pay my card each month below 9% which has brought my score to only 650 I was informed that the highest my score would be is maybe 660 670 and that I would need some other form of credit.  I am looking for a card that only pulls transunion since that's my highest score any advice would be greatly appreciated.

Thanks!:smileytongue:


Does anyone knows this kind of ccs?   They can pull whichever they want ... I think ...

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Senior Contributor
Wolf3
Posts: 3,197
Registered: ‎01-24-2010
0

Re: Best Card for a Student

Student cards are designed for people with no or limited history.   If you have 2 years of positive history and no negatives, you should qualify for most of them.   I would pick one I liked, and apply.    

Valued Member
savmeformyse
Posts: 49
Registered: ‎05-20-2007
0

Re: Best Card for a Student

Thanks I am just afraid to have an inq. I already have two from when I applied for a discover and statefarm student card one in DEC and the other JAN. I was denied My scores have not really improve but utilization went down and I got a collection removed. So since I have been denied from them I really don't no of another company with decent limits to apply for.


Starting Score: EQ: 583 TU: 623
Current Score: EQ: 624 TU: 701
Goal Score: Both Scores 680 Plus!


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Senior Contributor
Wolf3
Posts: 3,197
Registered: ‎01-24-2010
0

Re: Best Card for a Student

Are your credit reports clear of all negatives now?  If so, much better chance of being approved, and I would try again in a few months. 

Established Contributor
Itsmeagain
Posts: 832
Registered: ‎01-16-2008
0

Re: Best Card for a Student

Are you over 21?  New credit card law requires minimum age of 21 or be able to prove you have sufficient income.


Starting Score: TU 737 EQ 721
Current Score: TU 741 EQ 741
Goal Score: TU 765 EQ 760


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Valued Member
savmeformyse
Posts: 49
Registered: ‎05-20-2007
0

Re: Best Card for a Student

Yes I am 24 and on my Transunion everything is clear I have a student loan for about 6800 and a credit card 500 limit 28 dollars reporting. Equifax has 6 lates reporting from last year and no collections they are from a joint account all expect one from a local furniture store they will don't excepted a gw.


Starting Score: EQ: 583 TU: 623
Current Score: EQ: 624 TU: 701
Goal Score: Both Scores 680 Plus!


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Senior Contributor
Wolf3
Posts: 3,197
Registered: ‎01-24-2010
0

Re: Best Card for a Student

[ Edited ]

This will help find who pulls what.   Although not 100% accurate, things can change.

 

Hi Wolf3, links to CB aren't allowed on here. Thanks. - llecs, myFICO moderator

Frequent Contributor
crosbyk1
Posts: 485
Registered: ‎02-17-2008
0

Re: Best Card for a Student

UMB, Barclays are big TU pullers. Also in my state all the CU pull TU.


Starting Score: 744
Current Score: 744
Goal Score: 800


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New Contributor
ocboy949
Posts: 163
Registered: ‎03-04-2010
0

Re: Best Card for a Student

Apply for Bloomingdale's. The store card, not the Visa. I had a 648 FICO with Equifax and got a 1k credit line. Others here have applied and got the same 1k. I think they give that to everyone now with a good credit history. Anyway, you're probably wondering what you can do with a Bloomingdale's card....just keep the account open, maybe buy some small things to show that you use the card, but that extra $1,000 of credit in addition to a new account reporting on your CR will indeed boost your score and then open the doors for Visa/MC or even possibly AMEX. I'd give it 3-5 months and then apply for a card at either your credit union or one of the big banks :smileyhappy:

 Although you might not have problems getting a good major CC right now, this is defintiely a way to get a higher CL and most likely a lower interest rate.

TU FICO - 752 (8/12/11)
EX PLUS - 721 (8/9/11)
EQ FICO - 648 (2010)

(21 years old)

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