First she needs to figure out her credit scores or if she has any score.
Request a free one (annualfreecreditreport.com)or she could get her fako scores (credit karma/credit.com/credit sesame) to give her an idea. Obviously Fako scores can give a general idea of her score, sometimes you have to add or subtract 50 points or more from a Fako score.
Do you have any credit cards or her grandparents have had for a while you could add her as an Authorized User?
You don't have to give the card to her, it will be used to help build/establish credit.
Discover is a good idea, they like thin credit but they can be weird on approvals. The prequal site is junk do not use Discovers prequal site.
CapOne is a good idea, check the prequal site.
Amex is a good idea, check the prequal site.
The Citi prequal and Chase prequal site are pretty solid also.
I thought it was 18 years old for prequal but I stand corrected.
For a first card? DD should apply for Capital One Quicksilver. Too young for prequal, go directly to application...
A distant second choice would be to see what credit cards are offered at the bank where her debit card is. The debit card was skimmed, a good reason to go for a credit card for daily spend.
@Thomas_Thumb wrote:
@Anonymous wrote:Go for Discover. Their service is stellar and they can grow fast.
If she gets Cap One first they will likely put her in Credit Steps which grows slow.
And as mentioned check prequals. Chase is great but they usually like to see a year of history with other lenders first.
Yes, Cap One starts out with a low CL for someone new to credit. Young, fresh out of college, co-worker started with $500 CL on Cap One card. However, after 6 months they gave hin (unasked) a 9x increase to $4500.
He got a Discover IT as his 2nd card two months after the Cap One CLI. Starting CL on Discover was $1900. He now mostly uses his Discover card - better cash back rewards.
I guess either could work. I think Cap1 woiuld be the safer route, but also maybe the higher likelyhood of approval also.
