Do you need credit to get a student credit card?
Even if you have little or no prior credit history, a low or no FICO score, and you’ve been denied for regular credit cards, you may be able to get approved for a student credit card if: You are, in fact, a student over the age of 18. You’re a US citizen or resident with a Social Security Number.
Can you get Discover student credit card with no credit?
There is no Discover card with no deposit for most people with no credit. … Both Discover it student cards have no annual fee and are available to students with limited credit history. Here are the best Discover cards for no credit history: Discover it® Secured Credit Card: $0 annual fee.
Can a college student be approved for a credit card if they don’t have a job or established credit?
If you don’t have any form of income, you can open your own credit card account by having a family member co-sign. If your parents or other family members are willing to do so, opening a joint account can help build your credit while giving you access to the rewards and benefits that a student credit card offers.
How can I get a credit card with no credit at 17?
Here’s what you can get instead of a credit card at 17:
- Authorized user card: If someone makes you an authorized user on their card, the account will be added to your credit report. …
- Debit card: Most banks will give you a debit card connected to your checking account.
What is the fastest way to build credit?
8 Ways to Build Credit Fast
- Pay bills on time.
- Make frequent payments.
- Ask for higher credit limits.
- Dispute credit report errors.
- Become an authorized user.
- Use a secured credit card.
- Keep credit cards open.
- Mix it up.
Is it hard to get a Discover card?
But we recommend a score of at least 700, which is toward the top of the good range, for the cards that require good credit for approval. So, most Discover cards may be a tough get for the average person, who has a credit score of 680-703.
What is the highest credit limit for Discover?
You’ll get at least a $5,000 credit limit with this card, and some people report a high limit of $100,000. This card requires good credit and the annual fee is $95. This card’s minimum credit line is $1,000.
How long does it take to get approved for Discover Student Card?
In most cases, after submitting a Discover it Student Cash Back application, there will be a decision within 60 seconds. If a further review of your application is needed, it can take up to 30 days to receive a decision, but you will normally have the decision within 5 to 7 days.
What do I put for annual income if unemployed?
You can list alternative income sources on your application (including your unemployment benefits)
- Your investment returns.
- Rental property income.
- Trust fund payouts or inheritances.
- Any child support you receive.
- Alimony payments you receive.
- Social Security payments.
- Public assistance.
- Retirement distributions.
How can I build credit with no income?
3 Ways to Grow Your Credit Without an Income
- Become an authorized user on a responsible family member’s credit card account.
- Apply for a secured credit card or credit builder loan.
- Understand payment relief options for student loans and other bills.
Do credit card companies verify income?
Do Credit Card Companies Verify Your Income? A credit card issuer may request proof of income documents to verify your stated income. But a lender won’t typically call your employer or the IRS to verify your income.