I need some advice picking my first credit card to apply for, any help at all would be appreciated
Before this I've never really had to think about credit in general. But since I'm starting work real soon, I'm going to be dealing with things like getting a car loan, auto insurance etc. I've been reading up on a lot on credit scores and looking at different credit cards.
Here's some detailed information that might help:Age
: 24Annual Income
: $155,000Student Loans
: $16,810Credit Scores
- 714 (FICO Equifax - myfico.com)
- 699 (Transrisk - Credit Karma)
- 729 (VantageScore - Credit Karma)
- 726 (FAKO? Experian - Credit Sesame)Credit History
: 7 YearsTotal Accounts
: 12Accounts with Balances
: 5Revolving Accounts
: NoneDelinquent Items
: 1 (90+ days late, $67 high, 3yrs 10mths ago, paid & closed)
About the delinquent item: I applied for a store card once (~4 years ago) when I didn't know anything about credit. And the ugly part is, I didn't know that they had charged the initial purchase to the card until about 3 months later. I promptly paid it off and closed the account, but the damage was done.
According to Credit Karma, I have a 'very good' chance of getting approved for a CapitalOne Platinum/Platinum Prestige, so there's one option. I was also wondering what my chances looks like for other popular cards like Chase Freedom/Sapphire, AMEX cards, etc.
Any advice would be great, thanks!