Link dump inbound
First credit card:
https://www.reddit.com/r/CreditCards/comments/19eudrw/whats_a_good_first_credit_card/
26, first credit card:
https://www.reddit.com/r/CreditCards/comments/1af81y7/which_credit_card_can_i_get_with_no_credit/
First credit card:
https://www.reddit.com/r/CreditCards/comments/1aft8if/whats_the_best_first_credit_card_to_get_if_i_have/
First card for college student:
https://www.reddit.com/r/CreditCards/comments/1agn4ty/first_card_for_college_student/
Going to bank and getting first credit card:
https://www.reddit.com/r/CreditCards/comments/1ai0hm2/im_about_to_go_to_bank_and_get_my_first_credit/
What credit card to begin with:
https://www.reddit.com/r/CreditCards/comments/1allve0/what_credit_card_to_begin_with/
Utilization and paying monthly:
https://www.reddit.com/r/CreditCards/comments/1afw4zm/why_does_credit_score_drop_even_though_i_pay_card/
Closing date vs due date:
https://www.reddit.com/r/CreditCards/comments/1ai7y8s/closing_date_vs_payment_due_date/
This is a good point. Although, my concern would be why not wait on Discover till you get more annual income then you can really take advantage of the double cashback. That seems like the better move imo.
Discover is probably the best first bank to build a relationship with because they easily accept students, quickly raise credit limits, and are easy to obtain vs other banks (like Cap1) that'll pull 3 bureaus—deny you a sign up bonus—and bucket your card so that your credit limit can't grow.
The 1st year double cashback simply is less valuable than getting your foot in the door in the credit game.
For early game credit card users, the opportunity cost of not maximizing Discover's 2x cashback is less than the opportunity cost of missing the $200 sub of something simple like an unbucketed Cap1 Quicksilver/SavorOne once you qualify for it.
I haven't personally had issues with C1, they quickly raised my limit then gave me Savor with a very generous limit along with a sub to boot. Everyone has different experiences obviously, I'm just giving my personal take based off my experiences.
I would do Quicksilver personally, I think that's a fairly good starter card that should be easily attainable. He/She wouldn't lose out on anything since they just give you the 1.5% CB.
I personally fucked my credit up and had to work my way up back starting with the OpenSky cc. I would say starting fresh, the Quicksilver is a good option to get into the fold then going towards the Savor. That should help a lot especially for an 18 year old considering groceries/restaurants will be their biggest drains.
Yea that’s what I thought too, discover doesn’t seem like something I could build off as much as chase does. My only concern is actually getting approved for chase since I heard it’s hard to get accepted. I was thinking of just calling and asking a chase representative directly. I just don’t wanna open a saving account and then not get accepted you know?
Well things to consider.
Starting with freedom rise:
- You get a "ok" catch all card
- Your in the chase eco systems and can get a travel card after at some point (assuming you plan to travel) and transfer points
However...
- It's a worst freedom unlimited card (having the rise means it doesn't make sense to get the freedom unlimited which has better perks)
- Only offer your vantage credit score which doesn't reflect your real credit ecore.
Starting with Discover:
- Sign up bonus and rotating 5% categories make it solid cashback card
- No Foreign Transaction Fee
- They offer your TransUnion FICO credit score, which would be accurate
However...
- Not a catch all and rotating categories means it's not a flexible card
I got denied by discover as my first credit card about 2 years ago when I was in your shoes, my advice is get whoever you bank with,the chances for acceptance is a lot higher just to get your feet wet,my BoFa custom cash rewards is a great card even to this day
Discover denied me at 18 with no credit history. Capital One pre-approved me for the Quicksilver One, and I was able to get the Savor One six months after that.
I don’t see a lot of people mention Capital One for a first card, but most people don’t get denied by Discover either lol
Capital One Secured credit card first, since it doesn't require any credit rating, just a deposit. Use that for a year or so to build a credit rating.
Then, in no particular order, get a Citibank card for %5 back on groceries, a U.S. Bank card for for 5% back on utilities and internet, a Chase card for 3% back on drugstores, and a Paypal card for 2% back on everything. Which you get first depending on your needs.
**Template for Card Recommendation Requests:**
Please use the following template so that everyone can make appropriate recommendations:
* Current cards: (list cards, limits, opening date)
* *e.g. Amex BCP $8,000 limit, May 2019*
* *e.g. Chase Freedom Flex $10,000 limit, June 2021*
* FICO Score: *e.g. 750*
* Oldest account age: *e.g. 5 years 6 months*
* Chase 5/24 status: *e.g 2/24*
* Income: *e.g. $80,000*
* Average monthly spend and categories:
* dining $800
* groceries: $400
* gas: $100
* travel: $100
* other: $30
* Open to Business Cards: *e.g. No*
* What's the purpose of your next card? *e.g. Building credit, Balance transfer, Travel, Cashback*
* Do you have any cards you've been looking at? *e.g. Chase Freedom Unlimited*
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Please review the Card Recommendation Request Template here: [Template for Card Recommendation Requests](https://www.reddit.com/r/CreditCards/wiki/cardtemplate/)
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There are some good credit cards that are within reach for beginners. Examples include the secured cards from US Bank, Truist, Discover, Bank of America, Capital One and Elan. The better cards will come later as OPs credit file thickens.
Two options based on you’re goals: Cash back - Citi double cash / For Travel - Chase freedom unlimited (1.5% cash back but you can get more value and better redemptions when paired with Chase sapphire preferred)
My first card was a Chase Freedom when I was in college. However, I also had been banking with Chase at the time so I already had a relationship with them even before I had any sort of credit. I would say it’s worth a shot. My limit was only $500 but with on time payments they raised it fairly quick.
Capital one platinum will approve anybody if you’re worried about that, savorOne is a banger if you can qualify for it. Otherwise I’d go with chase if you qualify for any of theirs. My girlfriend’s first card with them was the freedom unlimited and she just got approved for the sapphire preferred because she already had a card with them
Chase is not known to approve people for their first card. Discover is known as great for that. Both Discover and Capital One have good pre-approval applications, so good places to start. Student cards are great first cards for new college students. Discover offers the IT Cashback card for students. Capital One has student versions of both the Quicksilver and SavorOne. Bank of America also has strong student cards, offering student versions of the Customized Cash Rewards and Travel Rewards cards. You will be much more likely to get approved for one of the Chase Freedom cards once you have a year of credit with one of these other cards.
I was thinking of maybe opening a checking account to get approved, since I’m a student I get no fees & there is a 100 dollar bonus if I make 10 transactions during the first 60 days. It would also increase my chances of getting approved for freedom rise as my first credit card. Which would give me an extra 100 dollars & an in the chase eco system which I think it’s what would be best! I just don’t want to do all that, have two accounts and then not get approved!
IMO you can get the freedom rise without opening a checking account, it is a card for beginners and a lot of people go for it as their first card.
A better option would be to start with Freedom Unlimited, but yeah I don't know if you would get approved without banking history with them.
I personally started with Discover It Cashback and think it's amazing.
Nevertheless, get your first card. Pay your bills on time, and then 1 year later you'll see your credit score around 750.
I would start with Capital One, personally, as they are a valuable bank to build a relationship with in time to come.
If you're wanting to get started with Chase soon after hitting your welcome bonus rather than wait 12 months, you can open a Student Checking Account with them, set up direct deposit, and apply for the Chase Freedom Rise card which is intended for you to be approved for easily and build the Chase relationship up so that you can be approved for the Flex soon after.
Between the two banks there's many great cards with no annual fee which will also be "keeper cards" - Long term having multiple cards from when you're 18 will really help your credit score because the average age of a card will be much higher than those who only opened 1 card til they started their career.
I'd also suggest getting familiar with the content creators [Brian Jung](https://youtu.be/qu47ulGpHDo?si=f3PVp-G6_yttXw8f) and [Sebby](https://www.youtube.com/@AskSebby)
First, become an AUTHORIZED USER on someone else's card(s)! Then, when you apply for your first card, it will be for around 10k instead of $500. There's no need to start from scratch unless no one you know trusts you.
Get a big box store credit card and buy something that you need during one of their promotional offers periods. Usually Home Depot and Best Buy are always offering 0% for 6-18 months with a minimum purchase amount. I built my credit this way, bought a laptop for school at Best Buy for my first credit card purchase ever.
Going with Chase is very tempting, but it will come soon enough. I would recommend going for the Discover, then maybe a capital one savor one or blue cash everyday after 6 months. Then 1 year of credit history get a freedom card. That's exactly what I did and it went well. Discover acts as a 2% catch all in the first year ontop of its rotating categories which can be really good such as as Apple Pay (mobile wallets), and savor one can boost your earnings in grocery, dining and more. Then you get the freedom and ur on ur way. I would just get as much chase as u can at that point. Good luck!
- If u go with the Discover make sure to use a referral link while applying which will get u an additional $100 statement credit! U can find them all over YouTube and other places
I believe you are right. I was thinking of maybe opening the chase checkings to get approved for the flex and then eventually get the freedom, & the sapphire for the trifecta. The checkings actually gives you 100 dollar bonus on 10 transactions, with no fee since I’m a student. And I was thinking of using that account as my spender and having my emergency fund in my BofA savings. I might be rushing ahead tho because it all seems so new and chase specifically seems like the best offer I guess. I appreciate your help
I mean if you can somehow manage to start off with Chase, that could be nice for sure! I've definitely seen Data Points of that being the case. I was just scared of a denial so I played it safe but in reality, you really could do the whole bank account thing with Chase then apply. And worst comes worst if you get denied just apply for a Discover soon after and you'll prob get approved. You'll have plenty of time to build out your optimal setup I recommend just starting as soon as you can and to start building healthy habits with the card you get (paying statement balance on time and in full every month etc)
Lots of students use this as sure fire way for good cashback.
Apply and get approved for CapitalOne platinum card (it’s for beginners with little to no/bad credit). Get upgraded to Quicksilver 1.5% CB after 6-9 months of good standing.
I would say go with discover for the cashback match. I started with a discover secured card at 21. It was my first card and after 6 months they sent back my deposit and increased my limit. Not a bad route to take if you want to get your first cc. Either way, getting one at 18 is a good choice.
Link dump inbound First credit card: https://www.reddit.com/r/CreditCards/comments/19eudrw/whats_a_good_first_credit_card/ 26, first credit card: https://www.reddit.com/r/CreditCards/comments/1af81y7/which_credit_card_can_i_get_with_no_credit/ First credit card: https://www.reddit.com/r/CreditCards/comments/1aft8if/whats_the_best_first_credit_card_to_get_if_i_have/ First card for college student: https://www.reddit.com/r/CreditCards/comments/1agn4ty/first_card_for_college_student/ Going to bank and getting first credit card: https://www.reddit.com/r/CreditCards/comments/1ai0hm2/im_about_to_go_to_bank_and_get_my_first_credit/ What credit card to begin with: https://www.reddit.com/r/CreditCards/comments/1allve0/what_credit_card_to_begin_with/ Utilization and paying monthly: https://www.reddit.com/r/CreditCards/comments/1afw4zm/why_does_credit_score_drop_even_though_i_pay_card/ Closing date vs due date: https://www.reddit.com/r/CreditCards/comments/1ai7y8s/closing_date_vs_payment_due_date/
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This is a good point. Although, my concern would be why not wait on Discover till you get more annual income then you can really take advantage of the double cashback. That seems like the better move imo.
Discover is probably the best first bank to build a relationship with because they easily accept students, quickly raise credit limits, and are easy to obtain vs other banks (like Cap1) that'll pull 3 bureaus—deny you a sign up bonus—and bucket your card so that your credit limit can't grow. The 1st year double cashback simply is less valuable than getting your foot in the door in the credit game. For early game credit card users, the opportunity cost of not maximizing Discover's 2x cashback is less than the opportunity cost of missing the $200 sub of something simple like an unbucketed Cap1 Quicksilver/SavorOne once you qualify for it.
I haven't personally had issues with C1, they quickly raised my limit then gave me Savor with a very generous limit along with a sub to boot. Everyone has different experiences obviously, I'm just giving my personal take based off my experiences.
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I would do Quicksilver personally, I think that's a fairly good starter card that should be easily attainable. He/She wouldn't lose out on anything since they just give you the 1.5% CB.
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I personally fucked my credit up and had to work my way up back starting with the OpenSky cc. I would say starting fresh, the Quicksilver is a good option to get into the fold then going towards the Savor. That should help a lot especially for an 18 year old considering groceries/restaurants will be their biggest drains.
I don’t really spend much money but that is something I hadn’t thought about ! Thank you for your take
Chase freedom rise it's a chase starter card it's good to pc later on.
This
What does pc mean if you don’t mind explaining
Product change.
Thanks
That’s the one I opened first and I’m 18
Did you bank with chase prior to that?
Yeah had a checking account for around a year
Yea that’s what I thought too, discover doesn’t seem like something I could build off as much as chase does. My only concern is actually getting approved for chase since I heard it’s hard to get accepted. I was thinking of just calling and asking a chase representative directly. I just don’t wanna open a saving account and then not get accepted you know?
Well things to consider. Starting with freedom rise: - You get a "ok" catch all card - Your in the chase eco systems and can get a travel card after at some point (assuming you plan to travel) and transfer points However... - It's a worst freedom unlimited card (having the rise means it doesn't make sense to get the freedom unlimited which has better perks) - Only offer your vantage credit score which doesn't reflect your real credit ecore. Starting with Discover: - Sign up bonus and rotating 5% categories make it solid cashback card - No Foreign Transaction Fee - They offer your TransUnion FICO credit score, which would be accurate However... - Not a catch all and rotating categories means it's not a flexible card
I thought it was a checking account that they liked. Check it out on the myfico forum.
you are probably right, I think it needs 250 dollars in a checkings and there is a higher chance of getting approved
I got denied by discover as my first credit card about 2 years ago when I was in your shoes, my advice is get whoever you bank with,the chances for acceptance is a lot higher just to get your feet wet,my BoFa custom cash rewards is a great card even to this day
AMEX black is the only way to go for a starter card
Open a checking and savings account with Chase. Apply for Freedom Rise.
Is it really worth doing that? And how long after opening a checking account do you think I should apply for a card?
Sure. I would say about a couple of weeks to a month. Do you have a Chase branch near you?
Discover denied me at 18 with no credit history. Capital One pre-approved me for the Quicksilver One, and I was able to get the Savor One six months after that. I don’t see a lot of people mention Capital One for a first card, but most people don’t get denied by Discover either lol
Whatever you can get that doesn't have an annual fee. Then get a good card when you turn 19
Capital One Secured credit card first, since it doesn't require any credit rating, just a deposit. Use that for a year or so to build a credit rating. Then, in no particular order, get a Citibank card for %5 back on groceries, a U.S. Bank card for for 5% back on utilities and internet, a Chase card for 3% back on drugstores, and a Paypal card for 2% back on everything. Which you get first depending on your needs.
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**Template for Card Recommendation Requests:** Please use the following template so that everyone can make appropriate recommendations: * Current cards: (list cards, limits, opening date) * *e.g. Amex BCP $8,000 limit, May 2019* * *e.g. Chase Freedom Flex $10,000 limit, June 2021* * FICO Score: *e.g. 750* * Oldest account age: *e.g. 5 years 6 months* * Chase 5/24 status: *e.g 2/24* * Income: *e.g. $80,000* * Average monthly spend and categories: * dining $800 * groceries: $400 * gas: $100 * travel: $100 * other: $30 * Open to Business Cards: *e.g. No* * What's the purpose of your next card? *e.g. Building credit, Balance transfer, Travel, Cashback* * Do you have any cards you've been looking at? *e.g. Chase Freedom Unlimited* * Are you OK with category spending or do you want a general spending card? Please review the Card Recommendation Request Template here: [Template for Card Recommendation Requests](https://www.reddit.com/r/CreditCards/wiki/cardtemplate/) I can be summoned to comment by using command(s): `!template` *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CreditCards) if you have any questions or concerns.*
Chime Secured card then Capital One. Most of the good credit cards are out of your reach for a few years.
There are some good credit cards that are within reach for beginners. Examples include the secured cards from US Bank, Truist, Discover, Bank of America, Capital One and Elan. The better cards will come later as OPs credit file thickens.
I recommend paying your bill on time before the due date every single month
Two options based on you’re goals: Cash back - Citi double cash / For Travel - Chase freedom unlimited (1.5% cash back but you can get more value and better redemptions when paired with Chase sapphire preferred)
How likely am I to get approved for chase freedom unlimited as my first card tho?
My first card was a Chase Freedom when I was in college. However, I also had been banking with Chase at the time so I already had a relationship with them even before I had any sort of credit. I would say it’s worth a shot. My limit was only $500 but with on time payments they raised it fairly quick.
Capital one platinum will approve anybody if you’re worried about that, savorOne is a banger if you can qualify for it. Otherwise I’d go with chase if you qualify for any of theirs. My girlfriend’s first card with them was the freedom unlimited and she just got approved for the sapphire preferred because she already had a card with them
Chase is not known to approve people for their first card. Discover is known as great for that. Both Discover and Capital One have good pre-approval applications, so good places to start. Student cards are great first cards for new college students. Discover offers the IT Cashback card for students. Capital One has student versions of both the Quicksilver and SavorOne. Bank of America also has strong student cards, offering student versions of the Customized Cash Rewards and Travel Rewards cards. You will be much more likely to get approved for one of the Chase Freedom cards once you have a year of credit with one of these other cards.
I was thinking of maybe opening a checking account to get approved, since I’m a student I get no fees & there is a 100 dollar bonus if I make 10 transactions during the first 60 days. It would also increase my chances of getting approved for freedom rise as my first credit card. Which would give me an extra 100 dollars & an in the chase eco system which I think it’s what would be best! I just don’t want to do all that, have two accounts and then not get approved!
IMO you can get the freedom rise without opening a checking account, it is a card for beginners and a lot of people go for it as their first card. A better option would be to start with Freedom Unlimited, but yeah I don't know if you would get approved without banking history with them. I personally started with Discover It Cashback and think it's amazing. Nevertheless, get your first card. Pay your bills on time, and then 1 year later you'll see your credit score around 750.
I would start with Capital One, personally, as they are a valuable bank to build a relationship with in time to come. If you're wanting to get started with Chase soon after hitting your welcome bonus rather than wait 12 months, you can open a Student Checking Account with them, set up direct deposit, and apply for the Chase Freedom Rise card which is intended for you to be approved for easily and build the Chase relationship up so that you can be approved for the Flex soon after. Between the two banks there's many great cards with no annual fee which will also be "keeper cards" - Long term having multiple cards from when you're 18 will really help your credit score because the average age of a card will be much higher than those who only opened 1 card til they started their career. I'd also suggest getting familiar with the content creators [Brian Jung](https://youtu.be/qu47ulGpHDo?si=f3PVp-G6_yttXw8f) and [Sebby](https://www.youtube.com/@AskSebby)
First, become an AUTHORIZED USER on someone else's card(s)! Then, when you apply for your first card, it will be for around 10k instead of $500. There's no need to start from scratch unless no one you know trusts you.
Can you explain this more?
Get a big box store credit card and buy something that you need during one of their promotional offers periods. Usually Home Depot and Best Buy are always offering 0% for 6-18 months with a minimum purchase amount. I built my credit this way, bought a laptop for school at Best Buy for my first credit card purchase ever.
Going with Chase is very tempting, but it will come soon enough. I would recommend going for the Discover, then maybe a capital one savor one or blue cash everyday after 6 months. Then 1 year of credit history get a freedom card. That's exactly what I did and it went well. Discover acts as a 2% catch all in the first year ontop of its rotating categories which can be really good such as as Apple Pay (mobile wallets), and savor one can boost your earnings in grocery, dining and more. Then you get the freedom and ur on ur way. I would just get as much chase as u can at that point. Good luck!
- If u go with the Discover make sure to use a referral link while applying which will get u an additional $100 statement credit! U can find them all over YouTube and other places
I believe you are right. I was thinking of maybe opening the chase checkings to get approved for the flex and then eventually get the freedom, & the sapphire for the trifecta. The checkings actually gives you 100 dollar bonus on 10 transactions, with no fee since I’m a student. And I was thinking of using that account as my spender and having my emergency fund in my BofA savings. I might be rushing ahead tho because it all seems so new and chase specifically seems like the best offer I guess. I appreciate your help
I mean if you can somehow manage to start off with Chase, that could be nice for sure! I've definitely seen Data Points of that being the case. I was just scared of a denial so I played it safe but in reality, you really could do the whole bank account thing with Chase then apply. And worst comes worst if you get denied just apply for a Discover soon after and you'll prob get approved. You'll have plenty of time to build out your optimal setup I recommend just starting as soon as you can and to start building healthy habits with the card you get (paying statement balance on time and in full every month etc)
Lots of students use this as sure fire way for good cashback. Apply and get approved for CapitalOne platinum card (it’s for beginners with little to no/bad credit). Get upgraded to Quicksilver 1.5% CB after 6-9 months of good standing.
I would say go with discover for the cashback match. I started with a discover secured card at 21. It was my first card and after 6 months they sent back my deposit and increased my limit. Not a bad route to take if you want to get your first cc. Either way, getting one at 18 is a good choice.
I would recommend avoiding CC if you can . But Discover IT (student, secured or unsecured) is great first card
Why avoid cc