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Credit Card Applications » Credit Card Questions » Other Questions » i have NO CREDIT, im new to thecountry, i have a good job 9just under 50k / yr, and want to start...

i have NO CREDIT, im new to thecountry, i have a good job 9just under 50k / yr, and want to start...

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Date:
August 4, 2008, 10:20 am
i have NO CREDIT, im new to thecountry, i have a good job 9just under 50k / yr, and want to start building my credit, i have already applied to capital one, with no success, id rather not go the prepaid roue ( i have a checking & savings account), what oher cards can i apply for?
Answer:

Capital One Bank offers credit cards for customers with various credit ratings, from limited credit to excellent credit score. Usually, its credit cards are easily available to all applicants over 18, including those who are just building credit history and have limited credit as yet. So, are you sure you requested the credit card designed right for you limited credit rating? Also, there are some strong requirements to qualify. Make sure that you are not a bankrupt or criminal, you are the resident of the country where the card is offered and you have the income required.

If you comply with all these requirements, you can consider applying for either Standard Platinum credit card or No Hassle CashSM Rewards card, both are Capital One Bank credit cards for limited credit history. If there are no late or default payments with any financial institutions and if your income complies with the required, feel free to apply for these cards.

However, if still you fail to get approved, have a try with Centennial Gold MasterCard®/Visa from First PREMIER Bank, a major issuer catering for customers who don't qualify for prime credit cards. It is a low APR unsecured credit card with standard credit card benefits, which helps establish credit history.

Mind it that there are also certain preconditions applied when reviewing your credit card request. The approval decision will be made on an individual basis with lots of factors (your residence, job, income and others) involved.

You can use this credit card to give a good start to your credit file and build up credit scores in the USA. After a while of responsible credit card use, you can go back to Capital One credit cards and try your luck once again.

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