- Centurion Member
- Posts: 204
- Joined: Tue Oct 30, 2012 10:25 am
- Location: TX
Authorized user won't do anything for her revolving credit, as far as my experience goes.
I had a spotless credit history; an score north of 800; 12 years' worth of paid-back student loans, vehicles, houses, etc; etc, etc, etc, and I still got turned down last fall for a plain ol' Lowe's store card due to lack of revolving credit. I felt really vulnerable, and realized I needed to develop some credit history independent of my spouse.
I picked up a Capital One Platinum cc as my starter. It had an annual fee (not waived the first year), but it was worth it as a stepping stone. It gives 1.5% (the .5% comes as an annual bonus for your yearly spend). I got $2k to start with, which got bumped up to $2500. I'll keep it for a little bit, and will get rid of it whenever I feel like it.
The credit card applications started coming in pretty regularly after I picked it up. I'm sure your wife will get plenty of junk mail with great sign-up bonuses once she gets a starter card, so it will just be a matter of time before she can make the jump to something more in line with where she wants to end up.