So, slightly off topic but I figure someone will know the answer to this one.
What is a good, easy to get card for someone who is just starting her financial life? Doesn’t need to have a ton of points, as I’m not sure she will get into the points game, but I’d like her to at least get something.
She will be graduating from grad school in a few weeks. I think she said her credit score is in the mid to upper 700s. She hasn’t ever had credit in her own name, except for student loans, but she’s been an authorized user on a few of my cards for over seven years while she’s been in school, and more recently I’ve added her to my CSP and Marriott cards. As I recall, I may have done that for the bonus points. I will be taking her off of all these after she gets a couple cards of her own.
She has a good paying job lined up beginning in June. Should she wait until she has a particular number of months at her job before applying? And which cards do you suggest? I already know to stay away from CapOne with their funky qualifying and all three credit bureau pulls. I was thinking CF or SW, but I’m not sure if the new SW one will be tougher to qualify for. Thanks.
Have her check her credit score with Credit Karma. That should give you a good indication of approval odds. I had my college age children start with the student Discover card. It is a cash back card.