A credit card is a great option for college graduates. Credit cards must be used responsibly. That means you should pay your bills on time and keep your balance low. There are many credit cards that you can choose from to help you get started. Here are some options to consider: Bank of America(r) Cash Rewards Credit Card, Discover Visa, U.S. Bank Altitude Go Secured Credit Card, and Capital One Quicksilver Rewards Credit Card.
Bank of America Cash Rewards Credit Cards
A Bank of America Cash Rewards Credit Card is an option for college graduates. There is no annual fee or minimum spend requirement. It also has a special APR period that allows you to pay off purchases with no interest.
The Bank of America Cash Reward credit card for students gives a generous $200 bonus if you spend $1,000 on your first 90 purchases. This is a fantastic bonus as most student credit card companies don't offer this generous bonus. Additionally, each month you will get a FICO credit score for free. This is an excellent bonus when you are first building credit.
Discover Visa Credit Card
Many credit cards are available for recent college graduates. Some cards have rewards features, while others have low fees. You'll need to choose the card that suits your needs. You should be approved if you are a recent graduate with excellent credit. You can even find a starter card to help you build your credit history.
The Discover card offers a low interest and rewards rate. This is one of the best benefits. The card gives you a two percent cashback at gas stations, and a 1% rebate on all other purchases. You can improve your credit score by practicing good payment habits.
U.S. Bank Altitude Go Security Credit Card
U.S. Bank Altitude Go Secured Credit Card provides a rewarding rewards program. This rewards card rewards users for making purchases. Rewards do not expire and are redeemable for a variety of merchandise and gift cards. Text messages are also an option to redeem points instantly.
If you're planning to graduate from college, but haven't yet established your credit score, a secured credit card might be the perfect choice. This card gives you rewards for shopping at reliable online stores. There is no foreign transaction fee or annual fee.
Capital One Quicksilver Rewards credit card
The Capital One Quicksilver Rewards Credit Card is a great option for a college graduate looking for a credit card that will earn them cash back on most purchases. This card offers unlimited 1.5% cash back on most purchases and 5% cash back on travel bookings. It also has no annual fee and no foreign transaction fees. These benefits come with restrictions and terms.
The Capital One Quicksilver Rewards Credit Card offers great value for everyday spending. It has a 1.5% cashback rate, which is the highest among student credit card. It also doesn't have an annual fee which makes it a good choice for regular purchases. While other student cards have higher base rates for bonuses, they earn less overall.