You can't have a strong credit card portfolio if you're just starting your career or a recent college graduate. After all, if you've built up your credit history during college, your chances of approval for rewards cards are better than ever. A variety of cards are available to graduates with good credit based on their credit history, spending plans and budget.
Capital One QuicksilverOne Rewards Credit Card
The Capital One QuicksilverOne Credit Card Rewards is a great option if you are a recent college graduate with average credit and want to build your credit. This card is designed to help new grads rebuild their credit by offering a low annual fee of $39 and a rewards program that allows consumers to earn 1.5 percent back on every dollar they spend. Cash back can be used for monthly payments or redemptions for statement credits.
Capital One offers many credit cards with premium benefits for college graduates. SavorOne Student and QuicksilverOne Cash Rewards are two popular options. These credit cards are similar to the premium rewards cards, but are targeted towards recent college graduates. After making a purchase of $500, both cards provide decent rewards and a $200 bonus.
Capital One SavorOne Students Cash Rewards Credit card
The Capital One SavorOne Student cash rewards credit cards offer many benefits that are perfect for students. Capital One SavorOne Student cards don't have foreign transaction fees. This card is a great choice for students who travel frequently. You can also earn rewards on dining and entertainment expenses. There are some drawbacks to the card, including a modest cash back earning rate that is not applicable to favored categories.
The Capital One SavorOne Student Cash Rewards Credit card offers cash back for purchases made at grocery stores, restaurants, and cafes. Cash back can be earned at many places, but it is not applicable to Walmart and other big-box stores. Capital One SavorOne Student cash rewards credit cards allow you to get up 3% cashback every day on purchases.
Capital One Platinum Secured credit card
Capital One Platinum Secured Credit Card is an option for students who are just graduating from college and looking to build their credit. While this card has few frills, it does not charge any annual fees or foreign transaction fees. If you want to know more about this card, read MoneyGeek's review. It will give you a brief overview of the features, and also compare it to other credit-card options.
For recent college graduates, the Capital One SavorOne student Cash Rewards Credit card is another great option. This card comes with rewards for everyday purchases and can help you build up your credit history and build good habits. It can lead to a 6-month credit increase. With this card, you can get 1% cash back for purchases. If you can make your payments on time, you can increase your cash back to 1.25%.
Petal 2 "Cash Back, No Fees" Visa Credit Card
Recent college graduates can use the Petal 2 Visa Credit Card "Cash Back, No Fees", which is designed to help them manage their finances and build credit. The algorithm will consider your income, savings, spending and could even factor in your credit score. Simply link your bank account with Petal's website to apply. While the site will have read-only permission to your account, it will not save your login credentials.
WebBank's Petal 2 "Cash back, No-Fees Visa Credit Card" is a great option for college graduates who have not had a credit history. Although it offers rewards for good credit behavior and rewards, the rewards structure can be confusing for novices. It's a great option for recent grads that don't want to have to pay annual or monthly charges but still need a creditcard.