American Express Credit Card for Students
Author: gameboy
Posted: Wed Oct 05, 2005 3:48 pm
Post subject: Newbie - Amex Blue for Students
I just started building my credit 6 months ago (got a secured card from BOA). I paid it off every month, and now my credit score (FACO - Experian Plus) is 723. So far I am happy with my progress.
I think it's time to get another one. Since I am a student and student cards are fairly easy to get, I am thinking about applying for the Amex Blue for Students.
Is this too soon? Should I consider a department store card next instead of jumping ahead so much?
For those of you who have this card, was it easy for you to get, and what do you think about the card?
For the others, do you have any suggestions as what other cards I can get next?
Thank you for your help and advice. I love this place.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: hesiden
Posted: Wed Oct 05, 2005 4:18 pm
Post subject:
With that score it looks like its been long enough. Here is an AMEX Blue for students thread on another board.
http://creditboards.com/forums/index.php?showtopic=110665&st=0
Citi has some good student cards. Where do you spend your money?
The Citi mtvU card for students gives 5 points (aka 5% back) per dollar spent at restaurants, bookstores, record stores, movie theaters, and video rental stores. Plus some points for good grades.
The Citi Dividend for students card gives 5% back cash on supermarkets, drug stores and gas stations.
Also ask BoA when you can switch to an unsecured card?
Remember you want to build history so these accounts you get now you want to keep forever, meaning eventaully you'll want to "convert" these student cards into another type. Converting means you keep the same history and date opened.
I'd get an account with each of the major card issuers (not all at once) Citi, Chase, BoA, AMEX, and Discover.
Author: JakeC
Posted: Wed Oct 05, 2005 6:53 pm
Post subject: American Express Credit Card for Students
gameboy, I can tell you exactly what amex told me:
I applied and was eventually approved for blue for students. The rep said they require at least 1 year of credit history to get the card. If you really want to apply, I would call them and ask them is this is an objective factor they use before applying, because if it is, dont apply and you'll have saved yourself an inquiry on your credit report. Also, Amex doesn't allow cosigning.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: gameboy
Posted: Wed Oct 05, 2005 7:30 pm
Post subject:
JakeC wrote:
gameboy, I can tell you exactly what amex told me:
I applied and was eventually approved for blue for students. The rep said they require at least 1 year of credit history to get the card. If you really want to apply, I would call them and ask them is this is an objective factor they use before applying, because if it is, dont apply and you'll have saved yourself an inquiry on your credit report. Also, Amex doesn't allow cosigning.
Thank you JakeC. I just called Amex, and the rep said she didn't know any specific requirements (such as the 1 year credit history rule) for the Blue for Students card. All she can do is to take my application and tell me if I am approved or not.
Does anyone else know anything about this? Help is very much appreciated!
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Posted: Wed Oct 05, 2005 3:48 pm
Post subject: Newbie - Amex Blue for Students
I just started building my credit 6 months ago (got a secured card from BOA). I paid it off every month, and now my credit score (FACO - Experian Plus) is 723. So far I am happy with my progress.
I think it's time to get another one. Since I am a student and student cards are fairly easy to get, I am thinking about applying for the Amex Blue for Students.
Is this too soon? Should I consider a department store card next instead of jumping ahead so much?
For those of you who have this card, was it easy for you to get, and what do you think about the card?
For the others, do you have any suggestions as what other cards I can get next?
Thank you for your help and advice. I love this place.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: hesiden
Posted: Wed Oct 05, 2005 4:18 pm
Post subject:
With that score it looks like its been long enough. Here is an AMEX Blue for students thread on another board.
http://creditboards.com/forums/index.php?showtopic=110665&st=0
Citi has some good student cards. Where do you spend your money?
The Citi mtvU card for students gives 5 points (aka 5% back) per dollar spent at restaurants, bookstores, record stores, movie theaters, and video rental stores. Plus some points for good grades.
The Citi Dividend for students card gives 5% back cash on supermarkets, drug stores and gas stations.
Also ask BoA when you can switch to an unsecured card?
Remember you want to build history so these accounts you get now you want to keep forever, meaning eventaully you'll want to "convert" these student cards into another type. Converting means you keep the same history and date opened.
I'd get an account with each of the major card issuers (not all at once) Citi, Chase, BoA, AMEX, and Discover.
Author: JakeC
Posted: Wed Oct 05, 2005 6:53 pm
Post subject: American Express Credit Card for Students
gameboy, I can tell you exactly what amex told me:
I applied and was eventually approved for blue for students. The rep said they require at least 1 year of credit history to get the card. If you really want to apply, I would call them and ask them is this is an objective factor they use before applying, because if it is, dont apply and you'll have saved yourself an inquiry on your credit report. Also, Amex doesn't allow cosigning.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: gameboy
Posted: Wed Oct 05, 2005 7:30 pm
Post subject:
JakeC wrote:
gameboy, I can tell you exactly what amex told me:
I applied and was eventually approved for blue for students. The rep said they require at least 1 year of credit history to get the card. If you really want to apply, I would call them and ask them is this is an objective factor they use before applying, because if it is, dont apply and you'll have saved yourself an inquiry on your credit report. Also, Amex doesn't allow cosigning.
Thank you JakeC. I just called Amex, and the rep said she didn't know any specific requirements (such as the 1 year credit history rule) for the Blue for Students card. All she can do is to take my application and tell me if I am approved or not.
Does anyone else know anything about this? Help is very much appreciated!
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
posted by CardRatings.com at 8:10 PM
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