- Centurion Member
- Posts: 1157
- Joined: Sun Jan 26, 2014 3:55 am
- Location: US
If you got turned down on Discover's student card I think you will have trouble getting a good rewards card at this point. You might try Capital One's annual fee version of their Quicksilver. A $39 AF isn't exactly appealing, but it may be attainable at this point and the rewards will compensate for it once you spend $2,600/year on it.
I think you'd be better off applying for a store account, like Walmart or Amazon. It's probably not what you want to hear, but the truth is at your age and with your history you'll need to establish some credit before rewards can become much of a priority. I'd also avoid a loan just for the purpose of building credit (it will take A LOT of rewards to make up for the interest you will pay). Plus, it is totally not necessary to get your credit on good footing. I speak from experience because I've done it myself with nothing but credit cards. It's good you are thinking about this now and it is easy to build great credit at a young age if you are proactive and don't slip up, but it still takes a few years.
EX - 809 (11/16) | TU - 803 (11/16)
American Express EveryDay - $20,000 (10/14)
Discover it - $23,000 (2/14)
AU on Barclay Sallie Mae - $10,000 (8/15)
plus several store accounts of varying usefulness now