New Grad- Credit Card

New LjaHvS
Feb 25 27 Comments

At 23 I don't know if I'm late/early to the credit card game, but have recently decided that I should open an account. Curious to know what perks/features I should look for in my first credit card. I travel internationally once a year, but I don't think this is enough to warrant a card with millage features. I also am not a huge spender. Right now, I've been considering the Amazon Prime credit card since it has cash back features and no annual fee, but am a little weirded out that it won't be with a bank? Is that okay lol? When I'm around with co-workers (little older than me) looks like Chase credit cards are really popular at least in the bay area. What are your thoughts? What credit card would you recommend? Talk to me finance gods! Also, I currently bank with Bank of America should I just get a credit card with them?

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TOP 27 Comments
  • Facebook public2
    You are super late. When I was your age I already has 30+ years of history (really). Get a free card, keep the utilization low, pay it off fully every month and call every 6 months to request a credit line increase. Worry about perks later.
    Feb 25 6
    • Capital One EXwk33
      He or she was probably an authorized user on a parents card. If you do that you inherit the history from that card
      Feb 25
    • Amazon TheAmazone
      That's a nice perk for anyone whose parents had the foresight to do that, and I'll definitely keep it in mind myself.

      I wouldn't say OP is "super late" to the CC game due to not having this though.
      Feb 25
    • Capital One EXwk33
      Agreed. OP is looking into this when most people do. I also suspect OP doesn't have much of a credit history in which case Capital One or Discover are the best options since they will be declined for most of what people are recommending
      Feb 25
    • Amazon TheAmazone
      True, I edited my response to the post to better cover that case. If only we could work with more info 😅
      Feb 25
    • Facebook public2
      Correct, you inherit credit history which is why many kids have more credit history than years they have been alive. Most people get their first credit card between 16 and 18. Not the end of the world by any means but credit means a lot so urge OP to get started asap.
      Feb 25
  • Amazon TheAmazone
    Uber credit card is pretty perk heavy without an annual fee, but Barclays is horrid with customer service so YMMV. Just got the CSR myself after doing a bunch of research on this

    Edit: If you're starting at ground zero with credit history then I'd start with a beginner card. I started with Capital One Journey and that allowed me to venture into the two cards above within 2 years of building credit.
    Feb 25 0
  • New ktFx33
    I recommend citi double cash. 2% flat on everything no need to do math or carry 5 cards. I can send you a referral dm me your email
    Feb 25 1
    • Google googler78
      +1 the perks are awesome
      Feb 26
  • Facebook fooody
    What’s your credit score? Most of the above recommendations won’t work out if you don’t already have a good credit score unless you have a loan that you pay every month.
    Feb 25 1
    • Capital One EXwk33
      Agreed and if you dont know your credit score go to credit wise or credit karma to find out for free. If your score is below 660 get a Capital One platinum to build your credit.

      If it's above 660 I would look for a card with no foreign exchange fees, but other than that everyone else's advice is good
      Feb 25
  • Amazon rheine
    Discover IT is really good to start. It has 5% cash back on rotating categories and 1% everything else. On your first year you get CB doubled so 10% rotating and 2%
    Feb 25 1
    • Amazon rheine
      Get the good CB first year and in that year learn more about credit cards that fit your income and lifestyle
      Feb 25
  • Chase
    Feb 25 0
  • Apple / Eng Marijuana
    First ever card, with zero credit history?

    Go to a Bank of America branch with a piece of paper from HR confirming employment and salary, and your most recent paystub, and ask for a card.
    Feb 25 0
  • VMware rmrf
    Get a card with no fees so that you never have to cancel it and your credit history length is not affected.
    I would suggest chase freedom unless you shop a lot on Amazon.
    Feb 25 0
  • You are definitely late :)
    The Amazon Prime card is through Chase (you use their app and everything), and it’s of course great if you buy a lot on Amazon. I’d recommend.
    Feb 25 0
  • This comment was deleted by original commenter.

    • Wells Fargo / Eng ostrich1
      Yes but for cash back you really want at least 1.5 and prefably 2. I stopped using a travel card since it became nearly impossible to redeem
      Feb 25
  • Visa / Other Jonny55
    Chase freedom is the way to go.
    Feb 25 0
  • Wells Fargo / Eng ostrich1
    The Citi double cash is good too but the forex fees eat into your reward when oversees (although still better than cash)
    Feb 25 0
  • Wells Fargo / Eng ostrich1
    If you travel on e a year internationally then the bank of America premium rewards card if you can get it. If not then start with a 1.5% cash back card and work up to it.
    Feb 25 0
  • Bloomberg DMyg25
    Amazon Prime CC is amazing, I have it and it's through Chase. I can manage everything through the Chase app as well. But not sure if you can get it approved for a first credit card. I suggest you try Chase Freedom first.
    Feb 25 0
  • Capital One harasho
    This question can’t be answered without knowing an estimate of your credit score, but assuming you don’t have a history get the Discover It Card, you’ll most likely get approved, they have good cash back options, and they have a good app. When you learn more about different credit cards and have increased your score you can look into Chase Sapphire/Uber Barclays.
    Feb 25 0
  • US Bank / Finance
    LkYl04

    US Bank Finance

    PRE
    Goldman Sachs, JPMorgan Chase
    BIO
    There are three ways to make a living in this business. Be first, be smarter, or cheat.
    LkYl04more
    Amex and Chase.
    Feb 25 0
  • Tata Consultancy Services
    asdfzxc

    Tata Consultancy Services

    PRE
    CSC
    asdfzxcmore
    Open secure credit card first and then open discover, chase freedom. Once you got know how to use and increased credit score, you can go for annual fee cards. Don’t open too many cards at a time. Also don’t open store credit cards just for one time 10-20% savings if you are not frequently going to that store.
    Feb 25 0
  • Uber ab cd
    Recommend bank of America to start
    Feb 25 0

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