A solid credit card portfolio will make a significant contribution to your financial future. After all, if you've built up your credit history during college, your chances of approval for rewards cards are better than ever. Graduates with excellent credit can choose from many cards depending on their spending habits, budget and credit history.
Capital One QuicksilverOne Cash 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. 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. The cash back can be used to make monthly payments or to redeem for statement credits.
Capital One offers credit cards with premium rewards for recent college graduates. Popular options include QuicksilverOne Rewards and SavorOne Student. These credit cards are similar to the premium rewards cards, but are targeted towards recent college graduates. The cards come with decent rewards and offer a $200 bonus for purchases of $500.
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. Capital One SavorOne student cards do not have foreign transaction charges, making them a great option for those who travel a lot. You can also earn rewards on dining and entertainment expenses. However, there are some drawbacks to this card.
Capital One SavorOne Student cash rewards credit card gives you cash back on purchases at cafes, grocery stores, and restaurants. Cashback is available at most locations, but not for purchases at Walmart or other big-box retailers. With the Capital One SavorOne Student Cash Rewards Credit Cards, you can earn up to 3% cash back on everyday purchases.
Capital One Platinum Secured credit card
If you are a recent college graduate and are looking to build your credit, consider applying for the Capital One Platinum Secured Credit Card. This card doesn't come with many frills, but it has no annual fee and no foreign transaction fee. If you want to know more about this card, read MoneyGeek's review. It will give an overview of the features as well as compare it to other credit card options.
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. This card can increase your credit limit by up to 6 months. You will earn 1% cashback for all purchases made with this card. Your cash back can be increased up to 1.25% by paying your bills on time.
Petal 2 "Cash Back, No Fees" Visa Credit Card
The Petal 2 Visa Credit Card, Cash Back, No-Fees, for recent college graduates, is designed to help recent grads build credit and manage finances. It takes into consideration your income, saving and spending. This algorithm may even factor in credit scores. To apply, simply link your bank account to Petal's website. Although the site has read-only access, it won't store your login credentials.
The Petal 2 "Cash Back, No-Fees" Visa Credit Card for recent college graduates from WebBank is an excellent option for recent college graduates with no credit history. While it rewards good credit behavior, the rewards structure could be confusing for those new to the program. 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.