I’m a college student and I need to start building my credit but I don’t know where to start. I don’t plan on using the card for any big purchases. Just day to day things like my groceries or gas. What is the best card for a beginner? And is there anything else I should know as I start my credit journey? Edit template:
Current credit cards you are the primary account holder of: N/A
FICO Scores with source (see note on FICO score sources below): N/A
Oldest credit card account age with you as primary name on the account: N/A
Number of personal credit cards approved for in the past 6 months: N/A
Number of personal credit cards approved for in the past 12 months: N/A
Number of personal credit cards approved for in the past 24 months: N/A
Annual income $: 18,000 ish CATEGORIES
OK with category-specific cards?: Yes
*OK with rotating category cards?: Yes
Estimate average monthly:
* Dining $: $50
* Groceries $: Kroger- $250 Target- $30
* Gas $: $160
* Travel $: $50-100 put into savings a month
* Do you plan on using this card abroad for a significant length of time (study abroad, digital nomad, expat, extended travel)?: No
* Subscriptions: Phone- $42. Insurance $9.52
* Can you pay rent by credit card? No
MEMBERSHIPS & SUBSCRIPTIONS
* Current member of Amazon Prime?: No
* Current Verizon postpaid customer?: Yes $42
* Current member of Costco or Sam's Club? No
* Planet Fitness- $15.99. Hulu $2.99. Peacock $1.99. Insurance $9.52.
* Current member of Chase, US Bank or any other big bank?: No
* Active US military?: No
* Are you open to Business Cards?: No
PURPOSE
* What's the purpose of your next card (choose ONE)?: First Credit Card
* If you answered "first credit card", are you an authorized user on any other cards? No
* Do you have any cards you've been looking at? Capital One student card I’d also like to add I am moving into my first apartment in a few weeks. Grocery cost is an estimation as I have living with my family. Wasn’t sure where to put this but my rent is $890/month. Thank you for all of your advice!
Do store cards make good beginner credit cards?
A store card can help you build credit, but this type of card often has higher interest rates than general-use credit cards. The Amazon Prime Secured Card* could be worth considering for those who often shop at Amazon.com. It earns 2% back at Amazon.com, Amazon Fresh and more for eligible Prime members, non members do not currently earn rewards with this card. It also has a lower-than-average 10.00% fixed rate APR on purchases.
Do you understand the basics of credit cards?
What's the easiest travel credit card to get?
The easiest type of travel credit card to get is generally going to be a secured credit card that requires an upfront deposit to open. However, this type of credit card typically has fewer benefits or weaker rewards.