I am trying to get my first credit card, and just got declined for a Secure card. My personal income is higher than most other college students I know. What are my options?

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Posted by Kaia A. (MONEY FORUMS: 4, Answers: 1)
Asked on February 18, 2016 6:54 pm
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If you’re a student, you might be to get a student credit card more easily than a secured card. I would recommend Discover it for students or Discover it chrome for students, Journey Student Rewards from Citi, or you can check to see if your bank offers student credit cards. If you try one and get declined, see if you can talk with a representative to figure out why they are declining you. Like Emma said, having your parents co-sign would be a good option, too.

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Posted by Jessica Ozar (MONEY FORUMS: 2, Answers: 18)
Answered: February 21, 2016 5:20 pm
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You got denied for a secured card? That’s rough. For the next card you apply for, get one with guaranteed approval. The Primor Secured Visa Classic Card is one such card. It also reports to all 3 credit bureaus. Use it responsibly and you’ll be able to move on to an unsecured card in no time.

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Posted by Will Lipovsky (MONEY FORUMS: 0, Answers: 37)
Answered: February 21, 2016 10:58 am
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I got my parents to cosign for a card. If you’re okay with them being a part of your account for a while (you can request to remove them once you’ve established a better credit) I think thats a good option to go for. Especially since, if you do that you have a much wider range on the type of credit card that you can get (i.e. something with better rewards etc) and you’ll most likely keep it for longer.

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Posted by Emma He (MONEY FORUMS: 4, Answers: 5)
Answered: February 19, 2016 11:15 am
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