duntez Posted June 5, 2004 Share Posted June 5, 2004 looking for a good credit card for someone out of high school trying to build credit low interest rate etc. thanks in advance Link to comment Share on other sites More sharing options...
Remote Posted June 6, 2004 Share Posted June 6, 2004 looking for a good credit card for someone out of high school trying to build credit low interest rate etc.thanks in advance well, considering you countless choices, you can basically make up your own rate. It has worked for me. Just say to a company "so and so gave me a rate of .... can you beat that" most likely they will try and give you the best rate. Me personally, i dont care about interest. i pay my bill in full, never get charged interest, never a problem. Link to comment Share on other sites More sharing options...
G4M3R Posted June 6, 2004 Share Posted June 6, 2004 A good place to start is with your own bank. If you have been with them for awhile the should be able to help you out. When you get a credit card be careful they make buying stuff so easy and then the bill comes.... Link to comment Share on other sites More sharing options...
bangbang023 Veteran Posted June 6, 2004 Veteran Share Posted June 6, 2004 The best way, I found, is waiting until you get an offer in the mail. When I turned 18, I applied for my own card and it was impossible. Finally, Capital One preapproved me for a card so I took it and I can no start building my credit. Link to comment Share on other sites More sharing options...
duntez Posted June 6, 2004 Author Share Posted June 6, 2004 thanks Link to comment Share on other sites More sharing options...
Timan Veteran Posted June 6, 2004 Veteran Share Posted June 6, 2004 Yep, just got my Capital One card. Link to comment Share on other sites More sharing options...
mopper Posted June 6, 2004 Share Posted June 6, 2004 paypal from providian my first credit card, aproved me when no one else had. they have a high interest rate but its all good (Y) Link to comment Share on other sites More sharing options...
rstroud Posted June 6, 2004 Share Posted June 6, 2004 A good place to start is with your own bank. If you have been with them for awhile the should be able to help you out.When you get a credit card be careful they make buying stuff so easy and then the bill comes.... I agree, my bank has a pretty good rate. I don't own a credit card, just a debit card. It's cool though... Link to comment Share on other sites More sharing options...
SanGreal Posted June 6, 2004 Share Posted June 6, 2004 Are you going to college? When I first entered college I applied for and got a Citi Platinum Select Citi Mastercard. Its a good card with a typical interest rate, I get credit line increases of $1000 every 6 months or so without having to go through the approval process (you can always apply for more, but it needs to be approved), plus Citi has a great virtual account number system with limits for shopping at shadier places online. Paying online is easy as pie as well. They offer a number of student cards, I just wasn't interested in any of the rewards etc. They gave me this card with 0 credit history. I also have had an American Express Blue for Students card for about a year now. Its a ****ty card and I would not recommend it. The clear card does look cool though. Link to comment Share on other sites More sharing options...
ThunderRiver Posted June 6, 2004 Share Posted June 6, 2004 Forget about interest rate. You are silly if you want a low interest rate. The rule number one to hold a credit card is to never borrow money that you can't pay back right away. If you want good credits, you can't count on low interest rate. Most of the interest rate is compounding every minutes, so you are actually paying more annually. Most college students that took economics can tell you that. Link to comment Share on other sites More sharing options...
BxBoy Posted June 6, 2004 Share Posted June 6, 2004 I would only get a credit card if I know that I'm able to pull it off. The mistake that most students, particularly incoming college students, make is that they get it too early on and end up spending up a storm. That's when they start ruining their credit history when they find out that they don't have sufficient funds to pay it back. It wasn't until my 2nd or 3rd year in college when I decided to sign up for one. Link to comment Share on other sites More sharing options...
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