Student Credit Cards

[dreamr802]

What is a good credit card for a college student to have that doesn't have an outrageous interest rate that is out to get students?

[hjm331]

Dreamr, I got this card when I was about to graduate from high school last year. It's a good deal and really good card.

http://www.bankofamerica.com/creditc...800122126EN004

If that doesn't work out, then try this secured card:

http://www.bankofamerica.com/creditc...gory_id=2 029

If you don't know what a secured card is, then let me know and I'll go ahead and explain it for you.

[happylady]

Thanks for the info hjm331...I am also looking for a good student cc as my son (17) is about to graduate from high school and I want to get his credit off to a good start. I actually have the secured BofA cc (2nd link) for myself - that was the first cc I got when I started rebuilding my credit (Aug 07). For the student cc (1st link) - the info on the link says you have to be "enrolled full-time or part time at an accredited university"...when you got your card did they actually check this?? Just wondering because he will be attending community college first and I'm not sure if that will count for an "accredited" school.
Thanks for the help!

[hjm331]

Happylady, when I got my card, I didn't actually apply for it myself. My mother surprised me with this card because she told me she went into my local BofA branch and had her friend fill out the application who happens to be in charge of the credit card applications. Honestly, I don't know what she filled out in the application as to what school I will be attending. But, my first card was Capital One which I applied for myself and got it one month before the BofA Student Visa card. Here's the link to the one I applied, tell your son to give it a shot. If it doesn't work out, let him apply for the BofA secured Visa. It's a good deal and since you also have had experience with secured cards, it will be a lot easier on him. Isn't he lucky?

Like I said, I got this card without having one day of credit history on my report!

This card is for those who have a short credit history or no credit history at all...

http://www.capitalone.com/creditcard...03_T_CP415 02

Let me know what happens, good luck!

[happylady]

hjm331,
What a great mom you have!! That's a great surprise, I'd like to do something like that for my son's grad present...hmmmm now you got me thinking!!
I have the Cap 1 card also...I got it in Jan 08 (5 months after BofA secured). I think I want to go with the Bofa secured cc 1st...let him manage that one well and then we'll see!
Thanks for the help!

[hjm331]

No problem, you got it!

[hjm331]

By the way, the Capital One that I provided you the link of is an unsecured card, not secured.

[hjm331]

I told my friend to apply for it because he just turned 18 and wants to build credit ASAP. I will add him as an AU on my BoA Visa which will report some history on his reports and it will increase his chances of getting approved for a card of his own. Once he gets his hands on some new accounts to play with, I will remove him off my BoA account.

[hjm331]

I know that is off topic but I told my friend to apply for the BoA Student Visa last week and he did but got denied instantly. Yesterday, he received the 99/500 offer in the mail so I told him to write a check for $99, fill out and mail the application before they change their mind.

He's had a checking account wih BoA for about a year, though. That might've helped him because I know how that offer is by invitation only.

[Meya]

Is this spot cool enough for you hjm331? If not, let me know.

[hjm331]

Yeah, thanks for the help, Meya!

[Meya]

No problem!

[cireone]

Happylady, when I got my card, I didn't actually apply for it myself. My mother surprised me with this card because she told me she went into my local BofA branch and had her friend fill out the application who happens to be in charge of the credit card applications. Honestly, I don't know what she filled out in the application as to what school I will be attending. But, my first card was Capital One which I applied for myself and got it one month before the BofA Student Visa card. Here's the link to the one I applied, tell your son to give it a shot. If it doesn't work out, let him apply for the BofA secured Visa. It's a good deal and since you also have had experience with secured cards, it will be a lot easier on him. Isn't he lucky?

Like I said, I got this card without having one day of credit history on my report!

This card is for those who have a short credit history or no credit history at all...

http://www.capitalone.com/creditcard...03_T_CP415 02

Let me know what happens, good luck!

I work next to a bank branch and some of the workers there have a student visa credit card. Its the easiest to get so they say and that all you have to do is put down what college you go to (Even if you dont really go to one).

[hjm331]

I'm not sure if they actually check whether or not you attend the college you listed on your application but you to have some credit history because when my friend applied for it, he was denied and he didn't have any credit history.

[charonh]

Its true, the student cards I've applied for and obtained never made me send in any proof that I was a student.