I have no credit but want to build some I'm a student but I go to a tech school so I cannot get a student loan. What's the best way to build my credit?

Answered on September 13, 2010
Updated on September 13, 2010
The content is accurate at the time of publication and is subject to change.
Amy Miller Amy Miller
Credit cards for college students can help you build credit. Though keep in mind that simply applying for a credit card does not help you establish credit. You need to learn how to manage your credit card responsibly to avoid debt and bad credit history in the future, so that they do not affect the things you want to do. When applying for an apartment, car loan or a job, you want to have a positive credit history. And even more so you want to be free from debt. So, before you apply for a credit card, make sure you choose the right one for your individual needs and current credit rating (visit student credit cards section of our site to compare best offers). Remember that you are responsible for paying your card bills and all records stay on your credit report for several years. Make all your payments on time, pay the balance off if you can to keep charges to a minimum, use credit card only if you are sure you can repay. Read terms and conditions carefully, find out what your interest rate will be after the intro period is over, if you make a late payment, or miss one. Pay attention to the cash advance interest rate. Avoid making impulse purchases on your credit card, rather save it for emergencies. Consider also using a prepaid debit card so that you do not spend more than you have.
All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.

User Comments about This Question


No, you won't need a co-signer to apply for a student credit card or Amex Everyday. In fact, there are not many issuers that would allow co-signers. That is actually great as cosigning is a complicated thing. Having your own credit card from the beginning is a great way to learn finances, responsibility, and to start building credit. You may qualify for a student credit card as long as you are at least 18 years old, have SSN, U.S. citizen/resident, and have verifiable income. To qualify for the Amex Every Day card, you should have at least good credit history. If you already have some...
The Amex EveryDay card is for applicants with good or excellent credit history. If your credit is lower, we would recommend considering a different credit card. Since you are a student, you can apply for a student credit cards. These cards are rather easy to qualify for but there still are some approval requirements. The requirements are simple: you should be a student over the age of 18, be a U.S. citizen or resident, have SSN (Social Security Number), have a verifiable income (your part-time job and money form parents will do), and you should not have bad credit already. You may qualify...
Starting credit history from the very beginning is always better than improving it and credit card issuers are not too captious.Look into credit cards for those with limited/no credit history: these cards are created for newbies. The cards have quite high APRs and fees. However it is possible to find a card with 0 intro APRs or without annual fee. Also some cards offer bonus programs: you can earn points or cash back on purchases you make.If your son wants a bonus credit card, Wells Fargo Cash Back College Card is not the best option as it has no bonus.

Have A Credit Card Question? Ask Our Experts

Help us personalize your results
Your Credit History:
Do you have checking account?
How long have you had a loan or credit card?
Have you ever been declared bankrupt or defaulted on a loan?
Have you been late on any credit card or loan in the last year?
* - marked fields are required to be filled
By submitting your question, you agree to the following:*
Here at BestCreditOffers.com we will answer all questions to the best of our knowledge and understanding, but we are not legally accredited professionals. We assume no liability for actions resulting from our advice and cannot guarantee the accuracy of information in all cases. Please seek appropriate professional or legal advice when needed.


There is a credit card for any credit and for any purpose. Whether you want to start building your credit from scratch or earn rewards on purchases, save on gas or travel for free, you can find a good credit card offer for that.