Is the Victoria's Secret Angels card any good for establishing credit?

Question

I heard there are many benefits, coupons if you get the card. But I just want to establish credit with it. I won't buy anything that costs a lot with it. Maybe just something small everytime, so I can pay it off immediately. I can't afford a secured card yet, as I have to deposit money and I'm a college student. I've also been rejected of student credit cards because of no credit history. Is this a good idea? If not, which department store cards are easy to get and beneficial? Thanks! =)

Answer 1

My first card was from JCPenney's (www.jcpenney.com).  They will extend credit to those with beginning credit, with a limit of only $150.  Sears is good too.  Also, look into student credit cards.  They will give students cards with small credit limits.  Try First Financial Bank USA (www.1fbusa.com).

Answer 2

Its a good start, once you show good payment history with that card you can apply for a regular credit card (visa, MasterCard, etc) and build your credit history.  Store credit cards have huge interest rates and it is very easy to get into debt with them.  Make a small purchase (say $100) pay a little more than the min. the first and second month, then pay it off the third month (to establish credit payment) and you should be able to apply for a regular credit card after that.

Answer 3

My first credit card was from Sears.  Very easy to get.

Answer 4

Any credit card is good for establishing credit, granted you pay as agreed.  

I understand your situation.  When I was in college, I couldn't get student credit cards either.   I kept getting rejected because I had no credit history.  I was like, well, I can't get a card because I don't have a credit history, but how can I get a credit history unless someone gives me a card???  

As far as trying to get a credit card, if you can't get a Visa/MasterCard/Discover/AMEX on your own, a person could co-sign for you so you can establish credit history.  If you don't want to do that, maybe where you bank can help?  If you don't have a bank account, open one and perhaps they will help you.  

Some stores require that you have a major credit card (Visa/MasterCard/Discover/AMEX) before they will issue you credit, so that's why I suggest you try to get a major card first rather than a store card.  Store cards also have ridiculous interest rates as well.  

My 1st credit card was a Visa with a local bank.  My limit was $500.00.  I used it wisely, and within months, oodles of credit card offers began appearing in my mailbox.  Also, you do NOT have to carry a balance to establish a credit history.  You may pay the card in full each month, and still establish great credit.

Answer 5

I'm pretty sure they will not give you one if you have no established credit (and this goes for any store). Try getting one through your bank, that's the best way to just establish credit. And then after a year or so, go apply for a card at the store of your choice.