You can't have a strong credit card portfolio if you're just starting your career or a recent college graduate. Your chances of getting approved for rewards cards will be higher if your credit history has been built during college. Students with good credit may choose from a range of cards depending on their financial situation, credit history and spending plans.
Capital One QuicksilverOne Rewards Credit Card
The Capital One QuicksilverOne Cash Rewards credit card is a great option for recent college graduates who have fair to average credit and are looking to build credit. The card offers a low $39 annual fee and rewards program that earns consumers 1.5 percent on every dollar spent. It is intended to help new graduates rebuild their credit. Cash back can be used for monthly payments or redemptions for statement credits.
Capital One has several credit cards offering premium rewards for recent college grads. There are two options: QuicksilverOne Cash Reward and SavorOne Student. These credit cards are similar in concept to premium rewards cards, but they are targeted at recent college graduates. After purchasing $500, the cards offer decent rewards as well as a $200 bonus.
Capital One SavorOne student cash rewards credit card
Students will love the many benefits offered by Capital One SavorOne's Student Cash Rewards Credit Card. The Capital One SavorOne Student card does not charge foreign transaction fees, so it's a good choice for students who travel a lot. Additionally, you can earn rewards for dining and entertainment. There are some drawbacks to the card, including a modest cash back earning rate that is not applicable to favored categories.
Capital One SavorOne Credit Card Cash Rewards offers cashback for purchases at restaurants, cafes and grocery stores. Cashback is possible at most stores, but it doesn't apply to Walmart and other large-box retailers. Capital One SavorOne Cash Rewards Credit Card allows you to earn as much as 3% cashback on every day 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. Although the card doesn't have many extras, there is no annual fee and no foreign transaction charge. MoneyGeek offers a detailed review. This review will provide a quick overview of the card's features and allow you to compare it with other credit cards.
Another great option is the Capital One SavorOne Credit Card Student Cash Rewards. The card offers rewards for everyday purchases, and can help build credit history and good habits. It can lead to a 6-month credit increase. You will earn 1% cashback for all purchases made with this card. 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
The Petal 2 "Cash Back, No-Fees" Visa Credit Card for recent college graduates is designed to help recent grads manage their finances and build credit. The algorithm takes into account your income, savings, and spending. It may also factor in 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 may be the best option for recent grads who want a credit card but don't want to pay annual or monthly fees.