Student Card while I still can, or Freedom?

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8 posts
mattymatt808
Platinum Member
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Posts: 60
Joined: Tue Feb 12, 2013 5:10 pm
Location: Honolulu, HI

Student Card while I still can, or Freedom?

Postby mattymatt808 » Tue Feb 12, 2013 5:17 pm

Hi all, I've been reading this forum for a while and figured I'd just ask.

I've had a $2500 CL with my local bank at about 20-30% utilization for 2.5 years and a couple 4 year old student loans totaling about $7000.

As a full time student with an annual income of ~$15k should I play it safe and apply for a student card (Citi Forward or Discover) or try for something a little higher quality (Chase Freedom)? Credit Karma lists me at 710.
$2500 First Hawaiian Bank (6/10)
$4500 CHASE Freedom (2/13)
$3500 Citi Forward (2/13)
$2000 Discover it (2/13)
$9600 AMEX BCE (3/13)
$10000 CHASE Sapphire Preferred (7/13)
$5000 CHASE Ink Plus (8/13)


Ikarus
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Posts: 146
Joined: Thu Feb 07, 2013 4:53 am
Location: USA

Postby Ikarus » Sun Feb 17, 2013 5:29 pm

Definitely go for student cards. I recently was approve for Discover it and Citi Forward with no problems -- though I'm a grad student with extensive credit history.

Chase Freedom is iffy. You get very similar rewards with Citi Forward.

If you want just one card, I'd say go for Citi Forward, as you'll get a Visa or MasterCard. Discover is great, but V/MC are accepted at more places.
Merrick Bank (Hooters) 4100
Cap One Quicksilver 2800
Discover it 2500
Citi Forward 5400
Chase Freedom 1000
AMEX Blue Cash Everyday 5500
Citi Dividend 5600
Cap One Visa Platinum 750 (CLOSED)

432521
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Posts: 379
Joined: Thu Apr 26, 2012 3:15 pm
Location: USA

Postby 432521 » Sun Feb 17, 2013 9:10 pm

If you want the Freedom go for it, if you don't get it recon they will most likely give it to you if you have no negative things on your CR
March 2011- Wellsfargo Cash Back College Card
May 2012- Chase Freedom
May 2012- Discover IT
August 2012- American Express Blue Cash Everyday

mattymatt808
Platinum Member
Platinum Member
 
Posts: 60
Joined: Tue Feb 12, 2013 5:10 pm
Location: Honolulu, HI

Postby mattymatt808 » Mon Feb 18, 2013 11:05 am

Success! I got approved for both the Forward ($3500) and the Freedom (TBA) :D I'll be chilling out on apps for a while now.
$2500 First Hawaiian Bank (6/10)
$4500 CHASE Freedom (2/13)
$3500 Citi Forward (2/13)
$2000 Discover it (2/13)
$9600 AMEX BCE (3/13)
$10000 CHASE Sapphire Preferred (7/13)
$5000 CHASE Ink Plus (8/13)

moxie
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Posts: 28
Joined: Sat Feb 02, 2013 8:06 pm
Location: Texas

Postby moxie » Sat Feb 23, 2013 1:17 pm

Congrats! Those were the first two cards I got while a student and they have served me well so far.

Make sure your terms for the points on the Citi Forward are 5 points/dollar for those select categories (bookstores, restaurants, fast food, entertainment) since there were rumors of some people not getting those benefits as stated.

mattymatt808
Platinum Member
Platinum Member
 
Posts: 60
Joined: Tue Feb 12, 2013 5:10 pm
Location: Honolulu, HI

Postby mattymatt808 » Sat Feb 23, 2013 3:35 pm

Thanks for the warning, I saw that thread and I'll definitely be keeping an eye on it. I verbally confirmed the 5% with the account rep on the phone but we'll have to see for sure when I start using it. I ended up getting $3000 on the Freedom and grabbed the Discover it ($1500) as well just to get as big of an early foundation as possible. My credit limit is now 8x my income so my next step is graduation!
$2500 First Hawaiian Bank (6/10)
$4500 CHASE Freedom (2/13)
$3500 Citi Forward (2/13)
$2000 Discover it (2/13)
$9600 AMEX BCE (3/13)
$10000 CHASE Sapphire Preferred (7/13)
$5000 CHASE Ink Plus (8/13)

Ikarus
Centurion Member
Centurion Member
 
Posts: 146
Joined: Thu Feb 07, 2013 4:53 am
Location: USA

Postby Ikarus » Tue Mar 05, 2013 1:27 am

moxie wrote:Congrats! Those were the first two cards I got while a student and they have served me well so far.

Make sure your terms for the points on the Citi Forward are 5 points/dollar for those select categories (bookstores, restaurants, fast food, entertainment) since there were rumors of some people not getting those benefits as stated.


My card was compromised, so I called to have a new replacement card with new number sent to me.

I asked the rep if he saw the 5 points/dollar reward attached to my card and he said no. There are plenty of offers out there....

A new card and number will be issued within 24 hours, so I'd like to have it cleared up by then.

When I look at the site I applied from (Nerdwallet), it clearly states 5 points for restaurants and entertainment. The Citi site clarifies and states: Earn 5 ThankYou® Points for every $1 spent at restaurants (including fast food), and on books, music and movies; 1 point for every $1 spent on all other purchases*.

That's what I want!

How do I get them to attach that ThankYou Points system to my account if it isn't already? Seems strange that it wouldn't be.
Merrick Bank (Hooters) 4100
Cap One Quicksilver 2800
Discover it 2500
Citi Forward 5400
Chase Freedom 1000
AMEX Blue Cash Everyday 5500
Citi Dividend 5600
Cap One Visa Platinum 750 (CLOSED)

DavidNY
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Posts: 1332
Joined: Tue Jul 05, 2011 12:28 pm
Location: New York

Postby DavidNY » Tue Mar 05, 2013 9:21 am

I would consider getting the Sallie Mae card, 5% off books, gas and groceries. Low caps but still a good card.



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