Credit Card Center Advertiser Disclosure†
08-30-2012 02:59 PM
My little sister a year ago got approved for a Walmart Store card and somehow a few months ago got a CLI to almost 1700 from her original 800. But she has brought up to me that in school she can't even use the walmart card anywhere since it's a store card. She PIF every month so I know she is responsible with her card.
She does have a part time job but her income would be pretty low, so I'm not sure her best options for a new card. The Walmart Discover I thought would be a logical start but, Discover in itself is not widely accepted. At the same time I was thinking of recommending Capital One, since I started off there with no revolving credit history and a part time job. Any ideas on what to use? I'd rather not subject her to cards with an AF or lolwut fees on them.
08-30-2012 03:07 PM
GE does not take requests to graduate cards, you either get the card at first, usually requiring 740+ to get it, or you have to wait usually a year or more. I would recomend she tries with CapOne see if pre-approved, she may get a rewards card with a small $39 AF or a non rewards card with zero AF.
08-30-2012 04:05 PM - edited 08-30-2012 04:16 PM
I opened my first credit card in 2007 with a Credit Union Visa... It's a local institution. I started with a $500 limit, no annual fee, 12.9% APR.
Might want to see what is local to you.
08-31-2012 07:21 AM
08-31-2012 07:58 AM - edited 08-31-2012 08:02 AM
I would highly recommend the student version of the Citi Forward. It's a no AF Visa. Was my first credit card and the rewards are exceptional for the type of spending done in school. As a student card, it's pretty easy to get approved for, and now that I've graduated I'm still using it for Amazon and restaurant purchases because of the 5x back. Maybe I was just fortunate, but I also got a $4k limit as a sophomore with no history but student loans. It's a great card, and while they haven't increased my CL (to be fair I haven't asked for one), they do occasionally reduce my APR.
08-31-2012 08:07 AM
08-31-2012 09:25 AM
If she has any income, go for the student version of cards. Some are harder t. Get than others. Citibank, wells Fargo, cap one, and discover.