Which would you choose between the Aeromexico and LANPASS secured? I already have the LifeMiles secured card and I'm looking to get one more while rebuilding my credit.

Anyone have any feedback?

Is there a secured credit card that offers miles/rewards?
 

Title says it all.

After being an AMEX card holder for years, and having suffered greatly financially in the almost-Depression of the last 6-7 years, I'd like to re-build some semblance of a credit score... I guess the best way to start is with a secured credit card, but I can't decide what flavor is right.

There are a few "no name" banks out there offering cards (many not available in my state (NY) for some reason), and Capital One also has one, but I have a sad history with them, so maybe that's not the way to go...

Any ideas, suggestions?

I'm fairly good with the card game, though not so much recently. I'm thinking that perhaps there are newer companies out there catering to lowlifes such as myself? ;)

US Bank has Secured Credit Cards for Avianca Lifemiles ( Star Alliance ), LANPASS ( OneWorld ), Korean Air SKYPASS ( SkyTeam ).

https://www.usbank.com/credit-cards/...s+cards$Travel

It's been a while, but IIRC, SunTrust bank has an AmEx card tied to your savings/checking account that earns Delta miles. May be worth researching; there is a dedicated FT thread fir this card:

http://www.flyertalk.com/forum/searc...query=Suntrust

I don't know of any miles earning secured credit cards, but will chime in to say don't get a Cap 1 card, because they pull all 3 bureaus. I think B of A has a nice secured CC product.

You can earn miles on a couple of kinds of debit cards, as well as portal shopping, various surveys, bank direct checking or money market accounts, dining programs, etc. It will be slow going until you get the credit card sign up bonuses, but if you got a Bank Direct checking account (AA) and a UFB debit card (aa) and paid your bills through Evolve, serve, Blue bird or redbird, you could actually accumulate a stash of AA points with some diligent effort.

US Bank also has or had an Aeromexico (Skyteam) secured card.

Do you mean by this or on your blog?

Secured credit card for recent college grad?
 

My dd is a recent college grad and she has a very small p/t temporary job (income $400 a month) but will be leaving soon for a gap year abroad and needs a credit card. She lives with us now so she has no expenses other than personal stuff. Our family household income is in the 6 figures.

Daughter does have over $16,000 in savings and has applied for a secured credit card. However, she has been turned down for insufficient income.

I understand credit card laws changed a few years ago and applicants must have a substantial income--even for secured cards--and the secured credit card will only be issued in the amount of 25% of the monthly salary, or some formula like that.

Does anyone know of a way she can apply for a secured credit card for a substantial amount--enough to cover hotel costs, if needed, maybe $700 USD--and she is certainly willing to put quite a chunk of money down as a deposit for the card.

Thanks!

This is the first time I heard of secured credit card so I'm no expert on this mater. It seems to work like a debit card except it reports to credit bureau?

Anyway, why not get a credit card for her? You can put down 20k income or whatever and should be able to get 2-3k credit line with ease. Oh yes, i'm assuming she has decent enough of a credit score.

alternatively, put her as an authorized user and put a limit on her card. idk what bank does the latter part but there ought to be one that will do that upon request.

I agree, just add her an authorized user.

Better yet, if you have an Amex card add her on the Amex because I believe your credit history on that card will get reported as hers. I added my sister when she turned 18 and I'm pretty sure it has given her a good enough credit history to apply for pretty much any card now (she's still only 22, college)

As long as she's 21, she can include your income. No need to look at secured cards, though having a turned down application doesn't help. It's unfortunate she's graduated, as if she was still a student there are cards like Discover that are basically guaranteed.

I'd recommend Capital One since she needs to use it abroad. Just the normal Quicksilver card. Dunno if she'll get it. Discover is more of a sure thing, but not as widely accepted.

This. If you have good credit history, adding her as an AU to an Amex that you have will give her both access to your credit line (which you can limit/manage if you wish) and a head start on her own credit profile.

Secured credit card for recent college grad?
 

Capital one will issue one I have seen up to a 3000.00 Unity Visa up to 10,000

They always ask for household income, she is part of your household so you can put a higher income. Lets say divide your income by the members of your house.

Apply for a CC where she and/or you have the best relationship (lot of money or long time with account) citi and chase are good at this.

:)^

I know this because I was like her 2 years ago, now I have so many CCs that I lost count... :p