- Platinum Member
- Posts: 88
- Joined: Thu Aug 02, 2012 1:18 am
- Location: Nebraska
Here is my suggestion, go to the Capital One website. From there you can fill out a form to see what they think you might qualify for and it's a soft pull, it's not an application and there won't be an inquiry on your credit report. What they will likely do is offer you a secured card for a $49 deposit and give you a $200 credit limit. This will give you a card in your OWN name and while it's pretty much useless, if you charge say $25 or less, let the bill cut so it reports then pay it in full and repeat, you will have credit built up in 6 months.
You might also want to check into student cards, I would think as an intern you would still qualify for student cards. If you have a local bank it wouldn't hurt to go there and ask or you could find something online and call. I'm not saying it's a bad thing to be added as an authorised user, but the Platinum Amex has no pre-set spending limit so it doesn't help with utilization since only the amount spent is reported. I know Citi has a really sweet card for students providing you have nothing negative on your credit report. I would call and ask first so you don't risk a ding on your credit report for a card you don't qualify for but I would suggest getting something like Citi, Capital One or Bank of America in your own name first and if you are careful you should have your own Amex soon!