I haven't seen this question yet - What the the best first time credit cards out there??! Not the ones if you bad credit or bankruptcy history but the best credit cards for first time applicants that have no credit history?
I know student credit cards are good for 18 to 22 range but what if you are that age and aren't in school? Then you don't qualify for that.
My first credit card was from my bank that's a regional bank I had had a checking account with since the start of high school. They offered me an unsecured Mastercard with a credit limit of I wanna say $700 to start off with and I got that when I was 18. Later on I got a credit line increase to $900 and then it went up real slow
I stopped using it and by that time I had a credit history built up and I move on to better cards. But it's more than young people with no history that need first time credit cards, what about immigrants that move here and become citizens that have no credit history because it doesn't transfer over from their home country? When you think about all those these make up a HUGE part of the market!
We should come up with the best first time credit cards for those trying to establish a credit history. I don't think you need to go the route of secured because it's like they look more favorably on you with a clean slate then if you have a clean slate now but credit mistakes in the past, anyone else notice that?