need advice on first cc

darkfrosty · ‎03-23-2014

This is for a friend of mine who is 22 and a grad student .. she has no credit history and really no income. She wants to get a cc so she can start building a credit history. I originally suggested Discover IT for students. What do you guys think? Is there any others that is better? I really dont know much about non prime cards.

CSR | Ink Business Preferred | Amex Platinum | NFCU Cash Rewards

gdale6 · ‎03-23-2014

The Discover student is a good suggestion, I would also check with local CUs.

tskstorm · ‎03-23-2014

Discover it for students is the winner!

BOA Cash Rewards 12K/Chase Freedom- 12.5k/Amex Blue sky 9k/Cap1 Quicksilver 7.5K/Citi Diamond Preferred 7.5K/Disc Walmart 6K/Chase slate 5k/Discover it 4.5K/Ashley store card 4.5K/Citi simplicity 4.4K/Barclay card 4K/Wells Fargo Platinum 3.6K/Cap1 journey 1250/ Home Depot 800

Personal loan 20K

CashOnDelivery · ‎03-23-2014

@gdale6 wrote:
The Discover student is a good suggestion, I would also check with local CUs.

+1

Add Capitol one too.

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daybreakgonesXe · ‎03-23-2014

My recommendations, in order:

Discover IT for students

Citi Dividend for students

Journey by Capital One

Citi Forward for students

also if their current bank or CU offers a student card, always worth a shot there, too!

All the best to them!

darkfrosty · ‎03-23-2014

Thanks. That is the card I recommended but for some reason she wanted one that earned some sort of miles but I told her that is not possible with her current credit history.

CSR | Ink Business Preferred | Amex Platinum | NFCU Cash Rewards

yudeology101 · ‎03-23-2014

@darkfrosty wrote:
Thanks. That is the card I recommended but for some reason she wanted one that earned some sort of miles but I told her that is not possible with her current credit history.

Yup, with no history and much income i would suggest any of the cards listed by daybreak above. Journey is a great building card and Discover is also great, too. Your friend needs to start a credit history w/ any credit card now and look for mile(or other rewards) cards later..can't be picky right now

JPM Ritz Carlton $8k I UMP Club $8k I CSP $8k | Chase Hyatt $5k I AMEX Green NPSL I AMEX Delta $2k I Citi AA $2k | C1 QS $4.5k
BOA UNC-CH Alumni $6k I Hawaiian WEMC $3k I Arrival $6.5k I IT $1.5k | Merrill+ $2k | Lowes $12k | Apple $2k | +23more
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bigblue7722 · ‎03-23-2014

its gonna be very hard to get a credit card without an income....

AMEX PRG NPSL,Lowes $17000,Capital One venture card $12,000,Us Airways mastercard $9500,Fidelity Amex $9000, Discover it $8000, Capital One Venture One $7500, BOA 123 rewards $7500 CSP $6000, Capital One Quicksliver $5500, Amazon Store card$5000,Barclay
Card Ring $5000 Chase Marriott $5000,Chase Hyatt $5000, Sallie Mae Mastercard $4400, Paypal smart connect $4000,Chase Freedom $3200, Capital one Quicksliver visa $3000, Chase IHG Rewards $2300, Chase Southwest Premier $2000, Citi Double Cash $1500, AMEX BCE $1000

Last app July 22nd 2015- No apps for two years.

darkfrosty · ‎03-23-2014

well she got approved for discover IT for students .. told her to use it and pay it off and in 6 months to a year she can try for a better card

CSR | Ink Business Preferred | Amex Platinum | NFCU Cash Rewards

tskstorm · ‎03-23-2014

money given to her by her parent's or her boyfriend count as income. So even if she doesn't have income from a job, she still has income.

Congrats on approval on the card!!! Use it Responsibly!

BOA Cash Rewards 12K/Chase Freedom- 12.5k/Amex Blue sky 9k/Cap1 Quicksilver 7.5K/Citi Diamond Preferred 7.5K/Disc Walmart 6K/Chase slate 5k/Discover it 4.5K/Ashley store card 4.5K/Citi simplicity 4.4K/Barclay card 4K/Wells Fargo Platinum 3.6K/Cap1 journey 1250/ Home Depot 800

Personal loan 20K