You can't have a strong credit card portfolio if you're just starting your career or a recent college graduate. If you have a good credit history, your chances of being approved for rewards cards are higher 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 Rewards credit card, which is available to recent college graduates with fair to good credit and who want to build credit, is a great choice. 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 can be used to make monthly payment or redeem for statement credit.
For recent college graduates, Capital One also offers several credit cards with premium rewards. Two popular options are QuicksilverOne cash rewards and SavorOne Student. These credit cards are similar in concept to premium rewards cards, but they are targeted at recent college graduates. After making a purchase of $500, both cards provide decent rewards and a $200 bonus.
Capital One SavorOne Credit Card - Student Cash Rewards Credit Cards
The Capital One SavorOne student cash rewards credit cards provide a range of benefits that are great for students. Capital One SavorOne Student Cards do not have foreign transaction fees. They are a good option for students who travel extensively. You can also earn points on dining out and entertainment. However, there are some drawbacks to this card.
The Capital One SavorOne Student Cash Rewards Credit card offers cash back for purchases made at grocery stores, restaurants, and cafes. Cashback can be earned at most places but does not apply for Walmart or other large-box retailers. The Capital One SavorOne Student Rewards Credit Cards can give you up to 3% cashback for everyday purchases.
Capital One Platinum Secured credit card
Capital One Platinum secured credit card may be a good option for you if your college degree is recent. This card doesn't come with many frills, but it has no annual fee and no foreign transaction fee. MoneyGeek has a review of this card. 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. This card comes with rewards for everyday purchases and can help you build up your credit history and build good habits. This card can increase your credit limit by up to 6 months. You can earn 1% cash back on purchases 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 Visa Credit Card with Cash Back, No-Fees for Recent College Grads is designed to help students manage their money and build credit. Its algorithm considers your income, savings and spending and may even factor in your credit score. Just link your bank accounts to Petal's web site. Your login credentials will be stored but the site will only have read-only access.
WebBank offers the Petal 2 Cash Back, No-Fees Visa Credit Card to recent college graduates. This card is great for those with little credit history. It rewards credit-worthy behavior but may prove confusing to newbies. For recent grads looking for a credit card, but not wanting to pay monthly or annual fees, this may be the best choice.