A solid credit card portfolio will make a significant contribution to your financial future. Your chances of getting approved for rewards cards will be higher if your credit history has been built during college. Graduates with excellent credit can choose from many cards depending on their spending habits, budget and credit history.
Capital One QuicksilverOne Cash Rewards Credit Card
For recent college graduates with good to average credit who are looking to improve their credit, the Capital One QuicksilverOne cash Rewards credit card is an excellent option. This card helps new grads build credit. The annual fee is only $39, and the rewards program allows them to earn 1.5 percent for every dollar they spend. Cash back can be used for monthly payments or redemptions for statement credits.
Capital One offers many credit cards with premium benefits for college graduates. There are two options: QuicksilverOne Cash Reward and SavorOne Student. These credit card options are similar to the premium reward cards but are targeted at college graduates. Both cards offer decent rewards and a $200 bonus after making a $500 purchase.
Capital One SavorOne Students Cash Rewards Credit card
Students will love the many benefits offered by Capital One SavorOne's Student Cash Rewards Credit Card. Capital One SavorOne student cards do not have foreign transaction charges, making them a great option for those who travel a lot. You can also get rewards on dining or entertainment. The card has a few limitations, such as a low cash-back rate and a limited earning rate for other categories than those you choose.
Capital One SavorOne Credit Card Cash Rewards offers cashback for purchases at restaurants, cafes and grocery stores. Cashback can be earned at most places but does not apply for Walmart or other large-box retailers. Capital One SavorOne Cash Rewards Credit Card allows you to earn as much as 3% cashback on every day purchases.
Capital One Platinum Secured Kreditkarte
Capital One Platinum Secured Credit Card is an option for students who are just graduating from college and looking to build their credit. The card isn't expensive, but there are no foreign transaction fees and an annual fee. MoneyGeek offers a detailed review. It will give you a brief overview of the features, and also compare it to other credit-card options.
For recent college graduates, the Capital One SavorOne student Cash Rewards Credit card is another great option. This card provides rewards for all purchases. It will help you build your credit record and develop good habits. It can lead to a 6-month credit increase. You will earn 1% cashback for all purchases made with this card. The cash back you earn can be increased to 1.25 if your payments are made 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. Your login credentials will be stored but the site will only have read-only access.
WebBank's Petal 2 "Cash back, No-Fees Visa Credit Card" is a great option for college graduates who have not had a credit history. Although it offers rewards for good credit behavior and rewards, the rewards structure can be confusing for novices. It may be the best option for recent grads who want a credit card but don't want to pay annual or monthly fees.