Newbie CC Question
#1
Original Poster
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Join Date: Aug 2005
Location: DEN
Programs: DL DM/MM, UA 1K, AA Exp, HH Dia, WOH Glob, IHG Plat, Marriott Gold, NA EE, Hertz PC
Posts: 17,493
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.
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.
#2
Moderator: Chase Ultimate Rewards



Join Date: Apr 2005
Location: SFO
Programs: UA 2P, MR LT Plat, IHG Plat, BW Dia, HH Au, Avis PC
Posts: 5,664
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:
TYP can be redeemed 0.8 cents/TYP toward student loans.
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

