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Old Jul 9, 2011 | 11:18 am
  #1  
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Newbie CC Question

So, I'm asking a question on behalf of two siblings (I'm new to the Credit Card forum). I did a ton of reading here on FT as well as on the web (credit.com, bankrate, creditkarma, etc). Here's the scoop:

Two siblings, only 1 has a CC (Discover Student). Thus neither have any long credit history and are students but about to graduate.

Neither travel much, so rewards cards probably don't make a ton of sense
Don't want any annual fee
Prefer to have a straightforward card (rotating categories might work for 1 of them)
Prefer to have cash back (vs rewards/pts/miles)

What are your suggestions for best card? My conclusion is:

1. Amex Blue Cash Everyday
2. Chase Freedom
3. Cap One No Hassle

Any other thoughts? I was one of the lucky few to get in on the Schwab 2% and am milking that til expiration, but didn't get my siblings in on time.

Thanks.
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Old Jul 10, 2011 | 6:11 pm
  #2  
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The Fidelity Rewards AMEX is a 2% cashback card. Not sure if they could qualify.

Also good might be the mtvU Visa that is targeted directly to college students and gives 5 TYP/$ in certain categories:
Earn 5 ThankYou Points for every $1 spent at restaurants (including fast food), bookstores, music stores, video rental stores and movie theaters
TYP can be redeemed 0.8 cents/TYP toward student loans.
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