Best Credit card to get...

importguyr34

importguyr34

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So Im a 21 year old student. Still need to apply for my first credit card. The urgency comes now due to the fact i'll be buying a macbook soon and I only have about 800 of it right now. I am aware that apple offers a credit card with 90 days no interest, but the perk to having their card is itune credits and I dont and will never use itunes. So i'm wondering, what is the best card to get with the best rates and maybe the best perks or rewards. I'm not too savvy on CC's cuz i've never gotten one obviously. Any help would be awesome!
 
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Discover Card gets you a lot back on gas. I think 5% if i'm not mistaken

You can get a best buy master card if you buy your macbook from bestbuy, you can get a lot of reward points
 
best credit card my wife and I got was a Bank of America Iowa University credit card. It came with a deal. Spend $250 get $250 back. So my wife and I got $500 of stuff for free! I suggest checking out slickdeals.net as thats where we found the deal.
 
WOW! If anyone knows of where that type of deal the 250 dollar thing is, that'd be great! I'll look myself though at that site and see if i can't find something good too.
 
I am also a college student. I got my first credit card last October and it has been a good experience. I went with the Citibank Cashback Visa. You get about 1-2% back for all purchases, 3-5% on things like gas and groceries. Since it is your first card, it is going to be difficult to get a low APR at first. My beginning APR was 18.99%, now it is 12.99% because I pay the balance in full each month. I also recommend the online billing, whomever you choose.
 
Go to cardratings.com and you can sift through what you want in your credit card. Best, easiest way to find the perfect credit card for you in my opinion.
 
op- are you going to carry a balance on your credit card for a while?
Citibank offers a card for students, first 6 months no interest

there are a lot of better cards out there, better rewards, perks, etc. but if it is your first card/you have no credit history, it may be difficult to get approved- getting an apple credit card, or one for students is a good starting point, and then a year or two later, you can get another better card and keep the other one as a backup

something to consider if you have difficulty getting your first card
 
mTVU card if you want 5% back for student loans (BEST because you can google it to see why)

Penfed rebate card for straight 1.25% back EACH MONTH.

Household bank 2% card redeemable in $25 increments.

Associated bank 5% gas/grocery/drugstores with $25 increments.

Since you are student, I'll eliminate other cards like Fidelity 1.5%, AMEX Blue Cash or Costco, etc etc.

Pick one of those 4 you are good. Everything suggested so far is a collection of craptastic suggestions, How vague is Citibank cashback Visa card. laugh. Discover card that "gets you 5% back on gas" - there are two, one is Disco gas which caps out at 5% of $1,200 ANNUALLY (which means you can't go over $100 gas a month or else you are not getting 5%) and the other one is Disco get more card/platinum which lets you 5% for a $400 CAP beginning July to September. Other than that, all Disco is UP TO 1%. Not even 1%. so funny with the amateurs.
 
the best credit card is no credit card...

ugly stats: the average person pays 640% in interest on CC purchases, 60% don't pay off CC's monthly, 75% of airline miles are never redeemed, average american owes $12,000 in debt, average american spends 25% of income on paying CC debt, average american is required to pay 18% of income to meet minimum CC payments, Sears makes more on CC's than actual products sold, 49% of americans could cover less than one month's expenses if they lost income, the list goes on and on.

do you really NEED a macbook or can you save longer and more to get the money you need. or can you get a non-apple laptop that's a quarter of the price instead. CC's start off fun and nice, but will run you into the ground, stick with cash, or loans from a credit union with a reasonable and fixed rate, CC's can change their rates with the wind if they'd like.
 
[quote name='von551']the best credit card is no credit card...

ugly stats: the average person pays 640% in interest on CC purchases, 60% don't pay off CC's monthly, 75% of airline miles are never redeemed, average american owes $12,000 in debt, average american spends 25% of income on paying CC debt, average american is required to pay 18% of income to meet minimum CC payments, Sears makes more on CC's than actual products sold, 49% of americans could cover less than one month's expenses if they lost income, the list goes on and on.

do you really NEED a macbook or can you save longer and more to get the money you need. or can you get a non-apple laptop that's a quarter of the price instead. CC's start off fun and nice, but will run you into the ground, stick with cash, or loans from a credit union with a reasonable and fixed rate, CC's can change their rates with the wind if they'd like.[/quote]


This is going by the theory that you are not responsible enough to pay off the bill. Am I wrong to think that one needs a history of credit so when they go to get bigger items that paying upfront just isn't possible such as car, and house your interest rate will be lower?
 
[quote name='homeland']This is going by the theory that you are not responsible enough to pay off the bill. Am I wrong to think that one needs a history of credit so when they go to get bigger items that paying upfront just isn't possible such as car, and house your interest rate will be lower?[/quote]

well, according to the stats, the majority of us AREN'T responsible enough to pay off our bills. It's sad that we have to get in debt in order to get debt. a car and houses are much more stable credit purchases (when done responsibly) than loaned money for random purchases from CC's. i'm just trying to give our fellow CAG some wisdom from a CC user's mistakes, it's oh so easy to start that slippery slope.
 
Yeah, I know a few people who are very responsible and would usually be able to pay off their cards every month but then something completely unexpected came up that demanded more money than they had. All of a sudden they couldn't pay off their cards on time even though they intended to.
 
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