You can't have a strong credit card portfolio if you're just starting your career or a recent college graduate. If you have a good credit history, your chances of being approved for rewards cards are higher than ever. Students with good credit may choose from a range of cards depending on their financial situation, credit history and spending plans.
Capital One QuicksilverOne cash rewards credit card
The Capital One QuicksilverOne Rewards credit card, which is available to recent college graduates with fair to good credit and who want to build credit, is a great choice. The card offers a low $39 annual fee and rewards program that earns consumers 1.5 percent on every dollar spent. It is intended to help new graduates rebuild their credit. The cash can be used to make monthly payment or redeem for statement credit.
Capital One has several credit cards offering premium rewards for recent college grads. Two popular options are QuicksilverOne cash rewards and SavorOne Student. These credit cards offer similar rewards to premium cards but are geared towards college graduates. Both cards offer decent rewards, as well as a $200 bonus if you make a purchase of $500.
Capital One SavorOne Student Credit Card Cash Rewards Credit Card
Students can enjoy a variety of benefits with Capital One SavorOne Cash Rewards Credit Cards. Capital One SavorOne Student Card does not have foreign transaction fees. It's an excellent choice for students who travel often. Rewards can be earned on dining and entertainment purchases. There are some drawbacks to the card, including a modest cash back earning rate that is not applicable to favored categories.
The Capital One SavorOne Student Cash Rewards Credit card offers cash back for purchases made at grocery stores, restaurants, and cafes. Cash back can be earned at many places, but it is not applicable to Walmart and other big-box stores. Capital One SavorOne Student cash rewards credit cards allow you to get up 3% cashback every day on purchases.
Capital One Platinum Secured Credit Card
The Capital One Platinum Secured credit card is a great option for recent college graduates who want to improve their credit score. Although this card does not have many frills it doesn't charge an annual fee or a foreign transaction fee. MoneyGeek offers a detailed review. It will give an overview of the features as well as compare it to other credit card options.
Another great option is the Capital One SavorOne Credit Card Student Cash Rewards. This card gives you rewards for every purchase and can help you build credit and establish good habits. This card can increase your credit limit by up to 6 months. This card allows you to earn 1% cashback on all purchases. You can get 1.25% cash back if you make your payments on-time.
Petal 2 "Cash Back, No Fees" Visa Credit Card
The Petal 2 "Cash Back, No-Fees" Visa Credit Card for recent college graduates is designed to help recent grads manage their finances and build credit. Its algorithm considers your income, savings and spending and may even factor in your credit score. Just link your bank accounts to Petal's web site. The site will have read-only access to your account, but it will not store your login credentials.
WebBank's Petal 2 Visa Credit Card with Cash Back and No-Fees is a great choice for recent college grads without credit history. While it rewards good credit behavior, the rewards structure could be confusing for those new to the program. It might be the best option if you are a recent graduate and don't mind paying monthly or annual fees.