Credit cards?

Question

How do you get a credit card when you have a good credit history, any ideas

I have a good credit history because I've never had a credit card but know I need one and after applying multiple time I still can't get accepted, I need help any ideas

Answer 1

If you've never had a credit card this is not a "good credit history" it is "no credit history" (which is better than "bad credit history" but you get the idea). If you are not able to get approved for a regular account, try setting up a secured credit card. This is where the bank will hold an amount of money in a savings account as security in case you don't pay on your account. This security balance will accrue interest like any other savings account. After you have demonstrated a good payment history try appling again for a traditional credit card. Or, you could just go without a credit card and use a Visa or MasterCard Debit card that draws fund directly from your checking account. That way you don't have to worry about going delinquent and getting a bad credit history.

Answer 2

You need to learn how credit works. Go to bankrate.com and read some articles about starting your credit.

1) Establish credit. Try some department store or gas cards. They have higher interest, but they will start you off. If you can't get those you will need a "secured" card. A normal credit card is "unsecured". A secured card is when you will put up a couple of hundred dollars of your own money for a lender to hold on to so that they can lend it to you. There is an annual fee and the interest is high - but you will establish a history. Your money is refunded to you when you cancel the service. You can find lists of secured cards on bankrate.com.

2) When you get a secured card or what ever cards you get - you have to use them. You must use the cards and responsibly pay your bills on time for a year. If you don't use the card and don't pay your bills it looks bad. Never ever be late with a payment.

3) You want to try and get at least 4 open lines of credit going. Loans are considered an open line of credit.

4) When you have responsibly paid your bills for a year try and get cards with better interest rates.

5) Never max out your cards. In fact, try not to spend more than a third of your limit. This shows fiscal responsibility.

Answer 3

Ask your bank. If you have never had a credit card before you do need to apply and establish the fact that you are credit worthy not just absent of delinquency. If you have a steady job for one year or more, have lived at the same address for two years and have no judgements against you for more than 5 years you should be a cinch. Your bank will help. Beyond that you can always get a secured credit card by putting the cash up front.

Answer 4

Go online, to the type of credit card that you want and sign up. but let me suggest that there are many credit cards out there, and there alot of good ones that you don't need one that has an annual fee. Capitol One is great, also check with your bank, they may have a great option for you, that not only will be based on your credit history, but your bank history with them, meaning the longer you have been with them, and the more account that you have, may mean a better interest rate on the credit card...Also...have to state...BE CAREFUL! If you have good credit you want to keep it that way. Don't go overboard with the spending on it.

Answer 5

Now a days you dont have to look for credit cards. Many Banks send their marketing people and often it is a hard choice which ones to choose from. If you are not getting any market solicitations offering your card , visit the websites of big banks and write a mail to them asking them to send a marketing executive who will help you in the procedures. They would need your proof of income, tax returns and photos and such documents. Check up the various cards for features like fees, terms and the service they offer and choose the one best suited for your needs.

Answer 6

get a store credit card. Use it and pay it off within the month. Then cut it up. Credit card companies will send you **** in the mail. By the way, you could just go online.

Answer 7

Nationwide Building Society has the added gem of a card which if you need cash abroad they do not charge you to withdraw cash. One day I am hoping lloyds will do the same because some ATM`s don`t have a large amount for you to take out on one transaction Gambia is a good example.Anyone from ATM looking in today?

Answer 8

Don't confuse no credit with good credit. Most lenders are just as wary of people with no credit as they are of those with the worst credit. You're a risk, they have no proof of responibility and their main goal is to get thier money back. For tips on building up credit see http://finance-girl.blogspot.com/2006/09/building-credit-from-scratch-have.html then work on raising your credit score which is probably already hurt by your applications. Info on raising your credit score can be found here: http://hubpages.com/hub/FinanceGirl

Answer 9

I went here and signed on. The reason I went here was to be able to get paid for referring people for credit cards. This is easy to do and if you have good credit history you will not have any problems.
http://www.FreeCardMatrix.com/index.aspx?refid=TWBGlobal

Answer 10

don't get a credit card!
they are evil, you get one, then more company's tell you that you qualify for theirs too.
its a downward spiral for many people.
to be honest, most people don't need one anyway.
you don't need a credit card to have direct debits, buy stuff, save or anything else.
people in this world shouldn't be made to feel that they need all this money on tic crap, credit ratings crap to own a house ect
whats so difficult in drawing money from a cash machine anyway!