re: How does one acquire a credit card with no credit

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USAA only since it is my oldest account. Screw their rewards program and customer service on that account though USAA student card

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USAA rewards do suck but if you have a lot of points with them and want to use on travel they have(had) a pretty lenient redemption policy.

I had about $400 from having thay card for years. Found a cheap international ticket. I had a Cap One Venture card at the time with some points as well. Anywho, found the same ticket via USAA's website, which allowed me to use my USAA points to discount the tickets without using the USAA card at all. I paid the remainder with the Cap One card and used it's points to reduce further.

If they still allow that sort of thing it's a good way to extract the value you built up when you had no choice.

Fwiw I don't use either of the two cards mentioned any more as better cards are out there.

U MAD

yes I am

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U MAD

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Ya I definitely am

I was on the phone with them for hours about this. What it boiled down to was my CL at the time was so low that my credit utilization ended up being 80% after one of my moving expenses and while I paid off immediiately the posting date was after reporting date (didn't realize this when I applied). They told me that credit utilization doesn't affect your credit score at all. I needed a CL increase to pay by card for the moving truck cross country


I somehow kept my cool when the woman said I have bad financial habits, am irresponsible and she could suggest ways to improve my financial habits. When she told me that my credit utilization and by extension having a small college credit limit doesn't affect my credit score I responded "Are you fricking joking or are you that stupid?"

She hung up. I was pissed


I paid my way through college, I could pay off my loans today if I chose (5 months out) and I save roughly 25-33% of my take home. Being told I was financially irresponsible and then don't know how credit cards work drove past the breaking point

Probably a savings account with his parents on it.

I had a savings account that my parents set up when I was young and then added a high school checking account to it. But neither of those things require me owing them anything or paying anything on time so it wasn't something reported to the credit agencies. Sucks but I would have thought with them knowing my history and my parents history that they could have worked something out.

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Secured credit card.

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That's what I did in 2010. Had a low limit at first but after the first year they raised my limit to like $800, then $1500 the next year. Not sure what it is now. I don't use it much.