Newbie seeking guidance from the MAGES of CreditCardForum

For just about anything you want to get off your chest about credit cards.
2 posts
Posts: 1
Joined: Fri Jun 27, 2014 11:04 pm
Location: TX, USA

Newbie seeking guidance from the MAGES of CreditCardForum

Postby DOOSKIDOO » Fri Jun 27, 2014 11:27 pm

Hey all,

First, let me apologize... as an active member of many internet forums, I don't particularly like "this" kind of post... a post from someone who seemingly wants the community to do all of the work for them... but I really need your help! I'm overwhelmed by all of the jargon!

I am a 24 yo grad student (2 years left of school) that has never had a credit card. I am looking to purchase a new laptop this summer, and instead of paying cash for it, I figured putting it towards my credit would be more beneficial than just forking over the money.

Credit Karma:

Score: 684
Credit Card Utilization 0%
Payment History 100%
Age of Credit History 1 Yr 11 Mos (Oldest 5 yr)
Total Accounts 4
Credit Inquiries 0
Derogatory Marks 1 ------> ($25 copay from a Dr. office from AT LEAST 5 years ago that I JUST found out about when running CK report... will get this resolved next week... no calls from collection agency or anything :mad: )

I am looking for something that I can use mainly for groceries, gas, and the occasional dinner at a restaurant..things I currently just put on my CHASE debit card. I work part time, go to school full time, and live off student loans during the school year. I will have a pretty decent paycheck once I graduate. I would like to maximize the efficiency of my use of capital until graduation and need YOUR input on my situation!

Do I stand a chance of being approved for a card 'better' than a basic student card? Or is that my best bet? Any recommendations?

Centurion Member
Centurion Member
Posts: 797
Joined: Tue Oct 02, 2012 3:25 pm
Location: Texas

Postby Robrus1 » Sat Jun 28, 2014 3:28 pm

A basic student card or a secured card from someone like Bank of America is your best bet if you have little or no income to report. After you've had one of those for at least 6 months, but preferably more like 12 months, you'll stand a chance at something better.
Amex Platinum
Amex BCP 21K
Amex SPG 5K
Barclaycard Arrival Plus WEMC 5K
Chase Sapphire Preferred 23.5K
Credit Union 10K
Discover IT 7.75K

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