Brehs, what credit cards do y'all recommend for folks building credit/in school?

[Silkk]

I would say do not have a credit card while in college. It’s too easy to incur debt, while you already have student loans to fend with.

The easiest route for building credit is to be added to an existing account of someone else as an authorized user. This way your score goes up granted they have great credit to begin with. Once you graduate and have money then you can qualify for card with good terms in your own name.

I don’t understand why you think that would be better than a college student having a $2-$300 secured card in their own name. Becoming an authorized user on someone else’s account will probably be way more tempting to get into debt. A girl I know ran up 10k on her parents credit last year as an authorized user.

I’m glad my mom made get one years ago, otherwise my avg age of credit would be nonexistent.

 

[Swirv]

I don’t understand why you think that would be better than a college student having a $2-$300 secured card in their own name. Becoming an authorized user on someone else’s account will probably be way more tempting to get into debt. A girl I know ran up 10k on her parents credit last year as an authorized user.

I’m glad my mom made get one years ago, otherwise my avg age of credit would be nonexistent.

I should’ve been more specific. The card should not be in the student’s possession. Just have the card on their credit report.

 

[phcitywarrior]

Get a secured CC with like a $300 deposit. Pay for like $100 worth of groceries/gas each month and pay it off in full. It'll help build your credit score over time.

 

[cartierhoe]

Good thread