Best credit cards for new graduates
Congratulations on your recent graduation! As a new graduate, you're likely looking for credit cards that offer rewards, benefits, and low fees. Here are some of the best credit cards for new graduates:
- Citi ThankYou Preferred Card:
- No annual fee
- 2% cashback on dining and entertainment, 1% cashback on all other purchases
- 0% intro APR for 12 months on purchases and balance transfers
- Capital One Quicksilver Cash Rewards Credit Card:
- No annual fee
- 1.5% cashback on all purchases, with no rotating categories or spending limits
- 0% intro APR for 15 months on purchases and balance transfers
- Discover it Cash Back:
- No annual fee
- 5% cashback on various categories throughout the year, such as gas stations, grocery stores, and restaurants
- 1% cashback on all other purchases
- 0% intro APR for 14 months on purchases and balance transfers
- Chase Freedom Unlimited:
- No annual fee
- 3% cashback on all purchases in your first year up to $20,000 spent, and 1.5% cashback on all other purchases
- 0% intro APR for 15 months on purchases and balance transfers
- Bank of America Cash Rewards credit card:
- No annual fee
- 3% cashback on gas, 2% cashback on groceries, and 1% cashback on all other purchases
- 0% intro APR for 12 months on purchases and balance transfers
- Wells Fargo Propel American Express Card:
- No annual fee
- 3% cashback on dining, 2% cashback on gas, and 1% cashback on all other purchases
- 0% intro APR for 12 months on purchases and balance transfers
- Barclays Arrival Plus World Elite Mastercard:
- No annual fee for the first year, then $89
- 2X miles on all purchases, with no rotating categories or spending limits
- 0% intro APR for 12 months on purchases and balance transfers
When choosing a credit card, consider the following factors:
- Rewards: Do you prefer cashback, travel points, or other rewards?
- Fees: Look for cards with no annual fee or low fees.
- Interest rate: If you plan to carry a balance, choose a card with a low interest rate.
- Introductory offers: Take advantage of 0% intro APRs or sign-up bonuses.
- Credit score: If you have a limited credit history, consider a card that doesn't require a credit check or offers a credit-building program.
Remember to always read the terms and conditions before applying for a credit card, and use it responsibly to build a strong credit history.