FIRST CREDIT CARD OFFERS

The Best First Credit Cards: Which One to Choose

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Credit cards have become a staple of modern society. They are used for everything from buying groceries to paying bills. However, if you are just starting out, choosing the right credit card can be a daunting task.

There are a lot of options out there, and it can be overwhelming to figure out which one to choose. Some credit cards cater specifically to students or young adults with no credit history. Others offer rewards or cashback bonuses for big purchases.

In this article, we will explore the best first credit cards and what to look for when choosing one.

1. Discover it Student Cash Back

If you are a student with no credit history, the Discover it Student Cash Back might be the perfect option for you. This credit card offers 5% cash back on rotating categories such as gas, groceries, restaurants, and Amazon.com, up to $1,500 each quarter, and 1% cash back on all other purchases.

One of the biggest advantages of this credit card is that it offers a Cashback Match, which means that at the end of your first year as a cardholder, Discover will match all the cash back you earned.

Another benefit of this credit card for students is the Good Grades Reward, which awards a $20 statement credit each school year if you maintain a GPA of 3.0 or higher.

2. Capital One Platinum Credit Card

For those who have one or two credit cards but have missed payments, the Capital One Platinum Credit Card could be an excellent first credit card. It helps you rebuild your credit score by reporting your payments to the three major credit bureaus.

This credit card does not offer any rewards or cashback bonuses for purchases, but it provides free access to CreditWise, which provides free credit monitoring.

3. Secured Mastercard from Capital One

If you have bad credit or no credit history, the Secured Mastercard from Capital One may be the right card for you. This credit card requires a refundable minimum deposit of $49, $99 or $200, depending on your creditworthiness.

If you make regular payments on the Secured Mastercard, you can increase your credit score and potentially qualify for better credit cards in the future.

4. Chase Freedom Student Credit Card

The Chase Freedom Student Credit Card is perfect for college students who want to build credit while also earning rewards. This credit card offers unlimited 1% cash back on all purchases, plus a $50 bonus after your first purchase.

In addition, Chase offers various features to help college students manage their finances, such as alerts for due dates, account balance, and payment confirmations.

5. Citi Double Cash Card

The Citi Double Cash Card is an excellent option for those who want to earn cash back on their purchases, but also want a straightforward card without rotating categories or complicated rewards systems.

With this credit card, you earn 1% cash back on all purchases, and another 1% when you pay your bill, giving you a total of 2% cash back on everything.

6. Discover it Secured Credit Card

The Discover it Secured Credit Card is a great way to build credit with a secured credit card. You must deposit between $200 and $2,500 to open an account, but your credit limit is equal to your deposit.

This credit card offers 2% cash back at gas stations and restaurants on up to $1,000 in purchases each quarter, and 1% on all other purchases. Discover also offers a cashback match for new cardholders after the first year.

7. Chase Freedom Flex

The Chase Freedom Flex is an excellent option for those who want flexible rewards. You earn 5% cash back on rotating categories such as select grocery stores, restaurants, and gas stations, and 1% on all other purchases.

Chase also offers a sign-up bonus of $200 after you spend $500 in the first three months.

8. Capital One Venture Rewards Credit Card

If you want to earn travel rewards, the Capital One Venture Rewards Credit Card is a great option. You earn 2x miles on every purchase, and the card offers a sign-up bonus of 60,000 miles after spending $3,000 in the first three months.

This credit card also offers a $100 credit for Global Entry or TSA PreCheck, which can save you time and hassle at the airport.

9. Wells Fargo Propel American Express Card

The Wells Fargo Propel American Express Card is an excellent option for those who want to earn rewards on a range of purchases. You earn 3x points on eating out, ordering in, gas stations, rideshares, transit, flights, hotels, homestays, and popular streaming services.

This credit card also offers a sign-up bonus of 20,000 points after spending $1,000 in the first three months.

10. Hilton Honors American Express Card

If you are looking for a credit card that offers hotel-specific rewards, the Hilton Honors American Express Card could be the right card for you. You earn 7x points at Hilton Hotels and Resorts, 5x points at U.S. restaurants, supermarkets, and gas stations, and 3x points on all other eligible purchases.

This credit card also offers a sign-up bonus of 80,000 Hilton Honors bonus points after you spend $1,000 in the first three months.

11. Bank of America Cash Rewards Credit Card

The Bank of America Cash Rewards Credit Card is an excellent option for those who want to earn cash back on their purchases. You earn 3% cash back in a category of your choice, such as gas, online shopping, dining, travel, drug stores, and home improvement/furnishings, and 2% cash back at grocery stores and wholesale clubs, and 1% cash back on all other purchases.

This credit card also offers a sign-up bonus of $200 after spending $1,000 in the first 90 days.

12. Amazon Prime Rewards Visa Signature Card

The Amazon Prime Rewards Visa Signature Card is an excellent option for frequent Amazon shoppers. You earn 5% cash back on Amazon.com and Whole Foods Market purchases, 2% cash back at restaurants, gas stations, and drugstores, and 1% cash back on all other purchases.

This credit card also offers a sign-up bonus of a $100 Amazon.com Gift Card instantly upon approval.

Choosing the right credit card can be a challenge, but with a little research and consideration, you can find the one that best fits your needs. Consider your spending habits, credit history, and rewards preferences when deciding which credit card to choose.

Conclusion

In conclusion, the best first credit card for you depends on your individual needs and financial situation. If you are a student with no credit history, the Discover it Student Cash Back might be the right card for you. If you have bad credit, the Secured Mastercard from Capital One can help you rebuild your credit score.

If you are looking to earn cash back on your purchases, the Citi Double Cash Card or the Bank of America Cash Rewards Credit Card could be the right options. If you want to earn travel or hotel rewards, the Capital One Venture Rewards Credit Card, Wells Fargo Propel American Express Card, or Hilton Honors American Express Card might fit the bill.

Ultimately, the key is to choose a credit card that fits your lifestyle, spending patterns, and financial goals. Remember to pay your bills on time and in full every month to avoid interest charges and damage to your credit score.

Thank you for reading this article and stay tuned for more informative content.
FIRST CREDIT CARD OFFERS

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