What kind of credit card can immigrants who do not have a banking history open in the USA - ForumDaily
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What credit card can be opened in the USA by immigrants who do not have a banking history

We all know that Americans, in fact, live on credit. And it's not that they don't have enough money for food or clothes, it's just that in the US, a credit rating is an indicator of the level of trust in you as a paying customer. So, the wise use of credit money helps you increase your rating. But what about immigrants who have just arrived and they do not have a credit history on the basis of which they can get a card. Author blog "The alphabet of an immigrant" on Yandex.Zen collected several cards from different banks, which can be obtained even without a credit rating.

Photo: IStock

Remember: no one is forcing you to take out credit cards and mortgages. If you have $500 for a house, you can buy it without a mortgage.

How to start building a credit history? The first step is to open a credit card, or even better, several at once.

There are several credit cards that immigrants usually start with.

Capital One Platinum Mastercard

The annual service is free. There is no cashback, but getting a card is very easy. After a few months of use, the bank itself will offer to replace it with a cashback card, which will also not be given without a credit history.

Application can be submitted by link.

Discover it

The annual service is free. The limit on the card is increased every six months.

2% cashback on gas stations and 1% on all other purchases.

On the subject: How to get the perfect credit rating

“Several of my friends, having no previous credit history, submitted their first application for this particular credit card and received approval. The card is ideal for starting a credit history. But then it becomes useless, since other banks can offer more favorable conditions,” the author writes.

All bank cards are link.

Blue Cash Everyday American Express

The annual service is free. You will receive $250 after the first $2000 spent in the first 6 months of using the card.

Cashback on the card is 1-3% depending on the category of purchase.

“This bank, as my experience has shown, is the most generous - it approved me the largest limit on the card. Subsequently, you can exchange this card for a more profitable one,” notes the author of the blog.

You can apply for a card by link.

Bank of America Customized Cash Rewards

Almost everyone knows this bank - it is one of the most popular among immigrants. If you do not have a credit history, then it is easier to get a credit card here than at other banks.

The annual service is free. The card is different in that you can choose the category for which you will receive a 3% cashback.

You may be interested in: top New York news, stories of our immigrants and helpful tips about life in the Big Apple - read it all on ForumDaily New York

In addition, after the first $1000 spent within the first 90 days of using the card, you will receive a $200 refund.

Apply for a card - by link.

Wells Fargo Active Cash Card

The annual service is free. $200 refund after the first $1000 spent in the first three months. 2% cashback on all purchases.

Apply for a card - by link.

Citi Custom Cash Card

The annual service is free. You will receive a $200 refund after spending $1500 in the first six months of using the card. Cashback 5% for the selected category and 1% for other purchases (but not more than $500 per month).

Apply for a card - by link.

“You can read quite contradictory information on different forums. Many people say that Citi is not the best bank to start a credit history. But it was this bank that gave me my first credit card without any credit history at all. Therefore, I advise you to study other people’s experiences, but do it your own way,” advises the blog author.

When you accumulate a “credit experience”, completely different cards will become available to you, more advanced, with special discounts on travel, hotels, cars, additional insurance and other amenities. But you always have to start somewhere.

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