- Centurion Member
- Posts: 1200
- Joined: Sun Jan 26, 2014 3:55 am
- Location: US
That's basically how I got introduced into the world of credit - it was a viable option for me to start establishing a history. I didn't know about secured cards or other starter options at the time, but I can't see a reason to get those.
Most of the store cards I've opened got me a 15% discount at time of purchase. If you have a big enough purchase, that is well worth it in my opinion. Even just $100 would get you $15 off, which is much better than the equivalent of any rewards programs of which I'm aware.
I also think the Banana Republic is a good one, as djrez4 pointed out a while ago. The best I have by far is Macy's, though (not the Amex version). You get advanced notice of sales plus just using your card at check out often gets you a discount (like 15%) automatically. You get "star passes" mailed to you, which are basically coupons for $X or Y% off just about anything that are good for a large window of time.
I also have the Walmart card (again, not the Discover version), which offers special 0% financing terms on big-ticket purchases. I've never used it, but it would be a great perk you couldn't get with a major card.
EX - 805 (2/17) | TU - 794 (3/17)
American Express EveryDay - $20,000 (10/14)
Discover it - $23,000 (2/14)
AU on Barclay Sallie Mae - $10,000 (8/15)
plus several store accounts of varying usefulness now