Bianca Smith, WalletHub Credit Cards Analyst
The best credit card for 18-year-olds to build credit with is the Petal® 2 Visa® Credit Card. This card accepts applicants with limited credit, gives monthly reports to the credit bureaus, and has an annual fee of $0. Cardholders also get 1 - 1.5% cash back on all eligible purchases.
Best Credit Cards for 18-Year-Olds to Build Credit
It’s worth noting that people younger than 21 years old cannot add their shared household income on credit card applications. In order to get a card, 18-year-olds must have enough independent income to afford monthly credit card payments.
Unless they were previously added as an authorized user on someone else’s credit card account, 18-year-olds start their credit journey with a clean slate. In other words, you could see great improvement in your credit score with just a few months of responsible credit card use. That means never missing a payment due date and always keeping your balance well below the credit limit. To find your first credit card, check out WalletHub’s picks for the best credit cards for 18-year-olds.
Capital One Platinum Credit Card
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