An 18 year old creditcard is a great way to begin building credit for young adults without a lot of credit history. There are many credit cards available for young adults. You will find information about Capital One Venture X rewards Credit Card, Petal 2 and Chase Freedom Unlimited in this article.
Capital One Venture X Rewards Credit Card
Make sure you check your eligibility requirements when applying to a credit card. Credit score requirements for this credit card are higher than 740. If your credit score falls between 700 and 740, you may still be eligible for approval. This type of credit cards comes with many benefits.
It is important to get credit reports from all three credit bureaus. A credit freeze placed on your credit report will be removed before applying. This is a common practice for many credit cards companies. Venture X rewards credit is different.
Capital One Venture X rewards cards offers twice as many Capital One points on eligible purchases. The credit card comes with a $95 annual fee, and a Capital One Travel Portal. It offers two complimentary lounge visits each year as well as 75,000 bonus points for spending $4,000 within three months.
Chase Freedom Unlimited
The Chase Freedom Unlimited 18 years old credit card offers an average sign-up bonus and lower rewards than premium Chase credit accounts. You might still be eligible if you are 18 years old with good credit. You must have a minimum FICO credit score 670 to be eligible for this card.
The Chase Freedom Unlimited 18 -year-old credit cards is a good choice for anyone who wants a high cashback credit card that doesn't have a high annual cost. The card earns 1.5% cashback on all purchases, and 5% on Chase dining and travel purchases. Other benefits include no annual charge and the possibility to keep all your rewards.
Chase Freedom Unlimited 18 years old credit card is free of annual fees and offers a low introductory rate. After the promotional period, your APR will rise to a high level. While there's no annual charge, you will need to pay a foreign transaction cost of 3%. This card is great if you're planning on traveling abroad. This card also provides trip cancellation insurance and emergency assistance.
Petal 2
If you're an 18-year-old looking for a credit card, you may want to consider applying for the Petal 2 credit card. This card allows for a large credit limit, even for those with bad credit. However, the APR on this card is significantly higher than average for credit building cards. Also, missed payments can negatively impact your pre-approval decision.
The Petal 2 credit card offers two types of cash back: Petal Offers and Petal Rewards. Petal Offers offers cash back on selected purchases. It also has a bonus program that rewards customers who make timely payments. There are certain merchants that offer cash back, and you could earn anywhere from 2% to 10% depending on how much you spend. Cashback is automatically deposited to your Cash Back wallet and can be used for statement credits, cash-in-a-check, or direct deposit to your bank account.
Petal 2 Visa card "Cashback, No Fees" is an option for anyone with bad credit. This card allows you to earn cash back on eligible purchases. It also offers a high credit limit of up $10,000. Petal 2 credit cards offer many benefits. The app keeps track of your spending habits, improves your credit score, and offers cash back on eligible purchases. You can access the app on your mobile phone to view your credit score and account balances. It also includes payment due dates as well rewards and payments. The app features a tracking feature which allows you to see your spending habits and improve the credit history.