Topic Wiki

If you are here reading this forum/thread, you probably have heard, seen or know someone who has been leveraging credit card points for free or very low cost travel and want to get involved. While it may be very tempting to jump right in and apply for a bunch of credit cards, it is advisable to read through the forums before doing so.

For those who have no credit history, building your credit score is strongly recommended and may even be needed before applying for any credit cards.

Step 1 - Try and get added as an Authorized User (AU) on an established credit card. This card should be kept in good standing and preferably have a low credit utilization ratio.
Some have had success with Amex to get your card backdated to the primary cardholders "member since" date. Having this done will increase your credit history to that of  the account holders first Amex card.
UPDATE Amex no longer backdates any cards. Any authorized user card will show up on the AUs report as a new account, opened on the date that the AU was added. Amex is now one of the worse choices to get added as an AU to, for credit building purposes.
Chase, Citi, Bank of America and others are more likely to show the full history of the primary cardholder on the authorized user's report than Amex is.

Additional Option - In conjunction with being added as an AU, you can  sign up for a secure credit card.
A secured credit card works almost like a debit card (you need to lay out your credit limit), but this functions as a regular credit card and will help build your credit score.

Step 2 - Once you are setup as an AU, it is best to wait a few months before applying for your first card.

Your first card should be a store credit card, which are easier to get approved for, especially with very limited credit history.
Some of the store cards people apply for are Old Navy, Gap, Banana Republic, Kohl's, Macy's, Target etc. While these cards will not give you major signup bonuses to travel with, they do give you access to exclusive promotions and other perks when purchasing from the store.

Additional Options - The CapitalOne Journey card seems to be easier to get approved for, though understand they will pull your credit from all three agencies, while most banks only pull from one.

Discover has a student card you can apply for here. This can also be an easier option to getting approved for your first card. Their regular IT card (not student) seems to be pretty easy to get approved for with little to no credit history as well.

Step 3 - Pay your bill before your statement closes (cut off date), but leave a minimal amount remaining to be paid after your statement closes. This will help ensure that you have both a low CC utilization while establishing a good credit payment history. (This applies to new spending from this month.  Anything already 'due' should be paid in full.)

Step 4 - After using your first card for a few months, you will be ready to apply for the cards you will have read and heard so much about. Remember that getting accepted for a credit card is a combination of many factors like credit history and your credit score, but it is also dependent on the income that you claim* you make.  Income is not part of your credit report or score.

Step 5 - This is a brief synopsis of what to do when applying for credit cards. There are additional factors one should understand before applying for credit cards. DDF is a great resource and there are many people willing to answer your questions (which you should ask, albeit after attempting a search) 

*If you are under 21, you are legally only allowed to report personal income. Personal income, however, can include allowances and scholarships.
If you are over 21, you can claim any income which you have reasonable access to in order to pay back the bill, which includes the income of others in the household (spouse/parent), or anyone supporting you. Additionally, while most banks will not have you verify your income, it does happen and you should be prepared to show them. This is particularly prevalent with American Express, and is known as a Financial Review (FR).
« Last edited by S209 on September 09, 2018, 01:45:26 AM »

Author Topic: Credit Card For Beginners  (Read 607184 times)

Offline shulem92

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Feb 2015
  • Posts: 2960
  • Total likes: 103
  • DansDeals.com Hat Tips 1
    • View Profile
  • Location: Lakewood
Re: Credit Card For Beginners
« Reply #4215 on: January 11, 2017, 01:59:49 PM »
YES!!
Thanx for the chizuk. Gonna try again

Offline Mo2

  • Dansdeals Platinum Elite + Lifetime Silver Elite
  • *****
  • Join Date: May 2013
  • Posts: 516
  • Total likes: 34
  • DansDeals.com Hat Tips 3
  • Gender: Male
    • View Profile
  • Location: USA
Re: Credit Card For Beginners
« Reply #4216 on: January 11, 2017, 02:32:48 PM »
Posted this in CitI recon thread but got no response.

A friend of mine applied for the CITI THANKYOUŽ PREFERRED CARD for her FIRST credit card and was denied. (She did not ask my advice)
She was an AU on my Chase and Amex cards for about a year.
She called reconsideration a few times and was not even allowed to try to plead her case. was just read a script and hung up on. Any suggestions? Any way they'll accept her?

I heard citi is generally relatively easy on new small credit history  applicants

TIA
Common sense is not a gift, it is a punishment.
Because you have to deal with everyone who doesn't have it.

Offline hide4

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Oct 2015
  • Posts: 1361
  • Total likes: 23
  • DansDeals.com Hat Tips 2
    • View Profile
  • Location: NY-Israel
Re: Credit Card For Beginners
« Reply #4217 on: January 11, 2017, 02:56:38 PM »
When do the annual fees post on barclays' cards that are not waived the first year?

Offline YidelS

  • DansDeals Copper Elite
  • *
  • Join Date: Jan 2017
  • Posts: 21
  • Total likes: 2
  • DansDeals.com Hat Tips 0
    • View Profile
Re: Credit Card For Beginners
« Reply #4218 on: January 12, 2017, 09:37:32 AM »
Thanx for the chizuk. Gonna try again
were you approved
The quieter you are, the more you are able to hear.

Offline LoLo

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Aug 2014
  • Posts: 3651
  • Total likes: 140
  • DansDeals.com Hat Tips 0
  • Gender: Male
    • View Profile
Re: Credit Card For Beginners
« Reply #4219 on: January 12, 2017, 01:09:18 PM »

Offline PillanSmye

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Aug 2015
  • Posts: 1101
  • Total likes: 68
  • DansDeals.com Hat Tips 1
    • View Profile
Re: Credit Card For Beginners
« Reply #4220 on: January 12, 2017, 08:20:18 PM »
Posted this in CitI recon thread but got no response.

A friend of mine applied for the CITI THANKYOUŽ PREFERRED CARD for her FIRST credit card and was denied. (She did not ask my advice)
She was an AU on my Chase and Amex cards for about a year.
She called reconsideration a few times and was not even allowed to try to plead her case. was just read a script and hung up on. Any suggestions? Any way they'll accept her?

I heard citi is generally relatively easy on new small credit history  applicants

TIA

She can call the EO. 

Offline PillanSmye

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Aug 2015
  • Posts: 1101
  • Total likes: 68
  • DansDeals.com Hat Tips 1
    • View Profile
Re: Credit Card For Beginners
« Reply #4221 on: January 12, 2017, 08:20:47 PM »
When do the annual fees post on barclays' cards that are not waived the first year?

End of the first statement

Offline Moshe26

  • Dansdeals Platinum Elite + Lifetime Silver Elite
  • *****
  • Join Date: Sep 2016
  • Posts: 571
  • Total likes: 15
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: New York
Re: Credit Card For Beginners
« Reply #4222 on: January 13, 2017, 09:43:57 AM »
can someone advise on which chase business cards do not count towards the 5/24- if any? thank you

Offline mochjas

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Oct 2015
  • Posts: 8309
  • Total likes: 643
  • DansDeals.com Hat Tips 99
    • View Profile
  • Programs: Hyatt Globalist, Hilton Diamond, Marriott Titanium Elite, AA EX PLAT, Jetblue Mosaic, Qatar Gold, United Silver
Re: Credit Card For Beginners
« Reply #4223 on: January 13, 2017, 10:15:35 AM »
can someone advise on which chase business cards do not count towards the 5/24- if any? thank you
marriott

Offline Moshe26

  • Dansdeals Platinum Elite + Lifetime Silver Elite
  • *****
  • Join Date: Sep 2016
  • Posts: 571
  • Total likes: 15
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: New York
Re: Credit Card For Beginners
« Reply #4224 on: January 13, 2017, 10:29:58 AM »
thank you

Offline LoLo

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Aug 2014
  • Posts: 3651
  • Total likes: 140
  • DansDeals.com Hat Tips 0
  • Gender: Male
    • View Profile
Re: Credit Card For Beginners
« Reply #4225 on: January 13, 2017, 01:39:47 PM »

Offline mochjas

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Oct 2015
  • Posts: 8309
  • Total likes: 643
  • DansDeals.com Hat Tips 99
    • View Profile
  • Programs: Hyatt Globalist, Hilton Diamond, Marriott Titanium Elite, AA EX PLAT, Jetblue Mosaic, Qatar Gold, United Silver
Re: Credit Card For Beginners
« Reply #4226 on: January 13, 2017, 01:50:39 PM »
Reread his question.
he worded the question wrong. He meant to ask which cards can you get while being over 5/24

Offline smart man

  • Dansdeals Gold Elite
  • ***
  • Join Date: Sep 2016
  • Posts: 199
  • Total likes: 21
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: Jerusalem
Re: Credit Card For Beginners
« Reply #4227 on: January 15, 2017, 02:54:17 PM »
Are there any good benefits to having a hilton card? And which one is the best?

Offline as2

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Mar 2013
  • Posts: 5391
  • Total likes: 681
  • DansDeals.com Hat Tips 24
  • Gender: Male
    • View Profile
Re: Credit Card For Beginners
« Reply #4228 on: January 15, 2017, 02:56:53 PM »
Are there any good benefits to having a hilton card? And which one is the best?
Depends which one. Use the search and read the threads. Google works too.
Memories last forever, make them while you can.

Offline dovid1375

  • Dansdeals Gold Elite
  • ***
  • Join Date: Jul 2016
  • Posts: 117
  • Total likes: 6
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: Brooklyn,NY
Re: Credit Card For Beginners
« Reply #4229 on: January 16, 2017, 08:47:54 PM »
I'm 18 and have a discover student credit card with good credit score  what's some good credit cards for me to apply to