Teen credit cards

[Sestar]

How would I go about getting a credit cards, if my parents agreed to co-sign, put their name on it whatever?

 

[notfred]

You ask your parents to call AMEX and get you a card on thier account, but with your name on it.

 

[KingNothing]

How old are you? My understanding was that you couldn't get a CC until you were 18 since you have to sign the receipt.

 

[PsychoAndy]

I'm pretty sure you can get a debit card. That's no problem. Capital one sends out a bunch of promo's on co-sign credit cards, with a limit of 300, or something like that. If you got the cash to back up your purchases, i'd just go with a debit, you can't really do much with Capital One cards, and with debit, you can't really spend more than you have.

 

[notfred]

my way does work. You can get a card on your parent's account.

 

[Sestar]

I don't want it on my parents account, nor do they ,they know they will criticize me for my spending habits even if I spend it all on thoughtful gifts from Ikea for Mom . The capital one thing sounds interesting, my bank won't give me a debit card .

 

[BlueApple]

Visa Buxx
CapitalOne High School

 

[tweakmm]

you can get a debit card. I got one last summer when I was still 15. You will need somebody who is of legal age to co-sign with you
speaking of credit cards, I need to get one, because I don't like the fact that my debt card doesn't have fraud protection

 

[fatbaby]

you do realize that hte interest rate on these teen credit cards are very high =0 (they are targetting you because they know mommy and daddy will pay for it)

 

[Evadman]

My 1st credit card had 23.99% interest. I looked at it and it decorated my wallet. That's about it.

 

[tweakmm]

<< you do realize that hte interest rate on these teen credit cards are very high =0 (they are targetting you because they know mommy and daddy will pay for it) >>


ha! I wish my parents would pay for my credit card(if i end up getting one) The only time that they would pay for one is if I was mounting on debt and they paid the entire card off(they would then proceed to rip my card up and then make me pay them back)

 

[RossMAN]

Apply for the Capital One High School student or Secured (requires a deposit which is refundable) credit card. Don't be surprised if you are declined because of insufficient credit history.

 

[bmacd]

A week before i hit 18, capitol one sent me a invite for a gold card. i got the card just after the big 1-8 and started with a $300 limit. Soon after paying off my balance in full each month, they progressively bumped my limit and i'm up to 5/6000 on that one card. I don't think you can have established credit until you're 21 (or at least in MI), so....use it wisely. Don't charge unless you have the cash.
Credit card debt is really easy to get into.

-=bmacd=-

 

[Jerboy]

<< You ask your parents to call [credit card provider of your choice] and get you a card on thier account, but with your name on it. >>




Mine is under my name and a co-account of my parents. They pay the bill. Unfortunately, it's got a $500 limit /month

 

[HappyPuppy]

Oh, geez. Poor Jerbil only has a $500 limit on his credit card that his mommy and daddy pay off for him.

 

[Colt45]

<< Oh, geez. Poor Jerbil only has a $500 limit on his credit card that his mommy and daddy pay off for him. >>



no sh!t. thats f**king sickening :disgust:

 

[crypticlogin]

<<

<< Oh, geez. Poor Jerbil only has a $500 limit on his credit card that his mommy and daddy pay off for him. >>



no sh!t. thats f**king sickening :disgust: >>


But, but, but.. he buys some groceries with it to help his parents every once in a while! Sure, a lot of charges are for eating out for himself but the grocery bit proves he's not entirely self-centered.

Personally, I think those prepaid debit cards are perfect for most high school kids. They don't carry the debt problems of credit cards, they're not tied to a bank account, and mommy and dad... I mean the student puts as much on it as he/she can afford. You'll have lots of time down the road to build your credit... that's what college and graduate school is for.

 

[Colt45]

Yeah, debit cards make more sense. you can't spend $$ you don't have that way.

WTF kind of bank won't give you one?

I still prefer cash. Once i rule the world im going to ebolish coins though (almost).

coins:
$0.01
$0.05

bills:
$0.10
$0.25
$0.50
$0.79
$1
$2
$3
$5
$10
$20
$25
$50
$100
$250
$500

My system is 1337. you can have $20 in $0.10 bills, and look rich

And your pockets wont weigh a ton (well they will if you have 200 $0.10 bills, but who carries 200 dimes anyways?

 

[littleman]

heheh
go to mrs.worrall in the business dep and ask her for a form