Thread: Credit card for a recent college graduate in their 20's?

I have a few questions to ask from a beginner looking to get a credit card. I am a 22Y/O that just graduated from college and has a steady job now for around 6 months. I will be making around 28-30k starting out and I am looking to start building my credit. I was wondering what the best option would be for me since I have no current cards other then a debit card through my local small bank. APR doesn't really matter since I will not be carrying over a balance and I do not travel so one with rewards wouldn't matter.

Hi sdfd504

I recommend Citi bank. Depending on what you're looking for from your card (cash back, rewards, etc.) I would suggest Amex only if you're willing to pay the fee for the charge cards or if you have a lot of businesses that accept Amex. Otherwise, Citi Dividend Visa is a good card for cash back, a "everyday" card if you will for groceries, gas, and other lux purchases... otherwise, Visa or Mastercard would be a good choice.

Like any credit card, be careful with late payments cause once you start digging a hole, it's hard to get out.

Remember, Credit card companies don't make any money from consumers unless you are late with payments, and charge ridiculous fees

For a first credit card I would recommend your small local bank. If that bank doesn't have credit cards, I would suggest another local bank like a Hudson Valley Bank, PNC or M&T would be 1 suggestion.

Another suggestion would be a orchard credit card. They are for people who are just starting out like you. They may give you a 500.00 limit but you have to start somewhere.

Last suggestion would be do you have a favorite store like Kohls, Gap, Pacsun you could try applying for 1 of those cards.

I absolutely wouldn't suggest a Citibank credit card unless your father or mother co-sign because I guarantee you this with no credit cards on your report you won't get this card.

Whether it's a travel card or a cash back card, Citibank is more for people who have 1 or 2 cards with good credit. Since this is your first card cross Citibank off your list.

My apologies if I confused you or gave you false information...

But I only mentioned it because it says no cosigner necessary and while you do need good credit, it's a good card to maybe think about down the road I guess...

http://creditcardforum.com/content/b...ge-students-8/