topic Re: Capital 1 Cash Rewards for Newcomers Alternative in Credit Cards

Capital 1 Cash Rewards for Newcomers Alternative

Anonymous — Sun, 08 Sep 2013 03:58:53 GMT

Hi everyone

I have a colleague that is moving to USA and will start her journey to build credit. She will soon get her SSN and is asking me on how to get started. I suggested the Cap 1 Cash Rewards for Newcomers but I found out its not being offered anymore. Other than the Capital 1 Secured Card, what other card would you suggest for someone that is brand new to credit.

Thanks in advance for the help

Re: Capital 1 Cash Rewards for Newcomers Alternative

myjourney — Sun, 08 Sep 2013 04:07:50 GMT

@Anonymous wrote:
Hi everyone

I have a colleague that is moving to USA and will start her journey to build credit. She will soon get her SSN and is asking me on how to get started. I suggested the Cap 1 Cash Rewards for Newcomers but I found out its not being offered anymore. Other than the Capital 1 Secured Card, what other card would you suggest for someone that is brand new to credit.

Thanks in advance for the help

Very interesting question

With CAP closing the door on that card IMHO options are limited to secured cards to start and 9-12 months down the road when scores are generated apply for unsecured cards

Re: Capital 1 Cash Rewards for Newcomers Alternative

Anonymous — Sun, 08 Sep 2013 04:12:46 GMT

Is she new to credit in her home country as well, or just (will be) here? The best route by far is to have an Amex in your home country, but most people don't!

Re: Capital 1 Cash Rewards for Newcomers Alternative

Anonymous — Sun, 08 Sep 2013 22:06:16 GMT

I guess it will be then Secured Card from Capital One and possibly Credit Union that the company offers.

I wished there was a better alternative. Thanks

Re: Capital 1 Cash Rewards for Newcomers Alternative

Anonymous — Sun, 08 Sep 2013 22:07:08 GMT

She has excellente credit back home but not with AMEX. Kind of the same way I started over here.

Re: Capital 1 Cash Rewards for Newcomers Alternative

BearsAndTurtlesRtheBest — Sun, 08 Sep 2013 22:11:08 GMT

Joint app! Thats how my DS began, and I plan to as well.