If you don’t have any form of income, you can open your own credit card account by having a family member co-sign.
If your parents or other family members are willing to do so, opening a joint account can help build your credit while giving you access to the rewards and benefits that a student credit card offers.
Do you need income for a student credit card?
If you are under 21, to get approved for a credit card, you must provide proof of your independent income or assets to show that you will be able to repay the amount you charge. If you have a job, even if it’s part-time, you may have enough independent income to get approved for a student credit card on your own.
Can an unemployed college student get a credit card?
Unemployed students won’t have as easy a time being approved for a credit card as they would have been a few years ago. However, even under the current guidelines, unemployed college students may be able to get a credit card by proving they can pay their bills in other ways.
Can you get a credit card if you are a student?
A student credit card is designed for full-time college and university students who want to borrow from a bank or a building society, but don’t yet have the credit score and income to be approved for a standard credit card.
How can I get a credit card with no job and no credit?
7 tips for getting a credit card without a job
- Count all of your income.
- Include your spouse’s income.
- Go with a cosigner.
- Become an authorized user.
- Consider a secured credit card.
- Apply for the Petal Cash Back Visa Card.
- Try credit card alternatives.
Can I lie about income on credit card application?
A: Oftentimes, credit card issuers will rely on the income you supply on your application without further verification. Lying on a credit card application is not only illegal, it can create problems for you down the road, especially if your business doesn’t take off as planned and you wind up with debt you can’t repay.
Can I use my parents income for credit card?
The household income amendment also allows students, over the age of 21 and living at home, to apply for credit cards using their parent’s income, provided there is a reasonable expectation of access.