Originally Posted by
artemis
This is important. As a student with a limited credit history, you probably won't qualify for some of the more lucrative cards. So start with a card that's relatively easy to get (like the Chase Freedom) and be prepared to use it for a year or two to build your credit up before trying for one of the harder cards to get. It's a marathon, not a sprint!
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Have a question that I hope someone will entertain.
Have a 22year old and he qualified for a BOA Visa. Unfortunately, he ran it up with social dining (church going kid who hangs out with a Mercedes driving musician peer and other free spending peeps). Fortunately, it is at 0 percent for a year so he has time to change his ways.
The mention of the CF Visa is something I also considered for him but also noticed the Chase Slate has a zero percent balance transfer start with a no transfer fee promotion for 60 days. Could anyone address whether the Slate is relatively easy to obtain as well?
Seems that Slate would be a great way to stretch this out so he doesn't become financially insolvent early. Thanks for replies.
Oh, and I'm sorry, I should say something about the initial topic. I AGREE with bonus spend and not rushing things. Don't apply for more than 2 cards at a time.
One other thing: if you do go for the travel card first and don't get it, you will receive your credit score with your "rejection" letter and don't let the word "rejection" bowl you over. It's just a way to understand that you may have to put off the travel card for three months while you address your credit score and what you qualify for with web research. HTH!
