- Posts: 2
- Joined: Mon Jan 09, 2012 6:34 am
- Location: Los Angeles
I'm turning 21 next month and was looking to open up a credit card for the first time.
I recently checked my credit score, thinking it would nonexistent as I don't own any credit cards. In reality it's over 800. I believe this is because my parents gave me a MasterCard which is linked to their account when I entered college 3 years ago so I could use that to pay off any misc fees (and I suspect so they could track what I was spending money on). So my credit score is basically their credit score.
I still go to college full time and I work part time. I have a Wells Fargo debit card and have had that since high school. I like having them as my bank, haven't had any problems with them and their ATMs are abundant where I live so that makes it convenient for cash withdrawals. They have options for a student credit card, but the rewards for it doesn't seem all that appealing.
Was just curious what opinions were on a good first credit card. Been looking mostly at the American Express Blue Cash Everyday. As most of my spending is at department stores, grocery stores, or gas, the AmEx definitely seems the most appealing with its higher rewards back % and the fact that it doesn't rotate every quarter.
Basically I would like a card with a cash back rewards program (the point system seems much more of a hassle), no annual fees, and a good track record of excellent customer service. APR isn't too much of a factor because know I'll be able to pay off my balance month to month and I never spend more than I what I can afford. I realize AmEx isn't accepted everywhere, but for the places that don't accept, I have my Visa debit card that would suffice.
Anyone have any thoughts or words of advice?