The 4 Best Credit Cards For Beginners With No Credit

[Music] what's up credit game millionaires my name is mike guys welcome to the channel it's your first time on channel my name is mike with the credit game i've been doing this for going on a decade now teaching you everything you need to know about credit finances how to leverage credit what to do what to do when making a credit decision i need you to know credit i want you to know credit i'm changing the national credit average with your help your support you sharing these videos you liking these videos taking the time to subscribe to the channel uh we grew the fastest credit channel in national history thanks to you guys and being part of the uh part of the team and part of the group of people that have really supported uh you know the credit game and my team and myself and and i really appreciate that so thank you guys first and foremost for subscribing if it's your first time on channel please subscribe and then also turn on your bell notification you'll see that in one of the top left corner the little bell if you would select the word all that means that every day because i'm the only person doing this every day most people come to you once a week most people will come to you you know what twice a week i want to do it every day how are you going to become a master at something if you're not doing it every day learning educating yourself like a lot of people say i want to 800 credit score they have no idea why a lot of people ask me hey mike i'm ready to you know invest but i don't know why i want to i want a car but i don't know why listen i can get you to an 800 credit score that's not the problem the problem is understanding how to maintain that score it's easy to get to an 800 credit score i can show you in in literally a month how to do it but you're not going to be able to get approved for anything the score is not what gets you approved it's the meat and potatoes behind the 800 credit score that gets you approved it's the education of how to leverage to be able to get multiple credit card loans cars and vehicles and homes that's going to be your success in credit so when people call and say i don't need the education piece yes you do need the education piece if you're on the phone with me calling my team saying hey i don't need the education piece guess what that is that means you need the education piece because you're on the phone me calling me saying hey my credit score is bad you need the education piece you don't just need a quick band-aid you don't just need hey i need xxx i want this done for me on add trade lines and i don't want no because guess what you're gonna find yourself in the same position a few months later paying another credit repair company again trying to figure out what to do let me share something with you here's today's topic okay and these are for people that have no credit low credit or a thin file meaning maybe who knows maybe he's got prison maybe like you know what man i've been a cash guy girl i i've never had any credit i've never applied for credit cards maybe you're like you know what it's just um you know look i had some hiccups i went through credit repair and you know i got some stuff wiped off or i did it myself or whatever the case is using our company and now i don't have anything on my credit this video is for you guys okay so today i'm going to talk about the top four credit cards to get based on those scenarios and i'm going to give you three action steps of things that you must do in order to get the cards okay so first of all if you have no what i'm going to call primary accounts okay so if you look at your credit report you don't have anything revolving meaning a credit card or a line of credit so i'm assuming we're going to talk about credit cards okay so let's say you don't have any credit cards zero never had a credit card maybe you got credit card wiped off through credit repair or maybe you just hey look man i just got out of i had a bankruptcy or i just got a jail whatever the case is right you don't have any credit cards and you need to know what credit cards to get first all right so what i'm gonna do is i'm gonna share with you from the top coming down meaning i'm gonna start with number four and i'm gonna work my way to my top pick to get credit cards to start out your journey okay now what i don't want you to expect is to get a twenty five thousand thirty thousand dollar credit limit because the chances of that happening are like seeing a snowflake in hell you ever seen a snake have you ever seen a snowflake in hell oh right you ever see a fish wearing shoes and can happen right so the expectations have to be look i don't have a lot of credit i have a thin file so i need to build it up so most people first thing they think of when they're looking at building credit is they think well let me put some secured credit cards on and while that's not a bad idea it is the old school versus the new school the old school format says hey get a secured credit card right go pay 200 bucks to wells fargo they're going to add a trade line uh to your credit report you're going to make 12 months of payments on time and then after 12 months they're going to take that secured credit card and they're going to change it to unsecured okay dude that's old school man right this is the credit game why'd i create the credit game for me i didn't want to have to go through a year of making payments before they finally said hey you know what now we can make an unsecured credit card i want to go right to the credit card i want the unsecured credit card so what do we need to do okay so coming in at number four is my discover i t card the discover it card and if i share with you this other trick you can get the discover it student card let me share something with you i have not seen anybody get less than fifteen hundred dollar approval on the discover i t student card however the it student credit card okay requires that you are going to school so what you can do okay for educational purposes only is you can apply to get yourself into a one credit course college course now you're a student because they're gonna ask for that takes five seconds go apply sign up for a one credit course now you're a student 1500 credit limit okay now discover has a secured option secured credit card and unscared this would be unsecured fifteen hundred dollars okay coming in at number three and that is my citibank best buy credit card now when i say best buy does not mean you have to use that best buy it comes in a visa and or mastercard but you can use it anywhere two percent cash back on everything one percent on gas and remember this the cards that i'm giving you no annual fee let me say it again no annual fee i don't want you to be paying any annual fees for credit cards useless now i do have one credit card from american express that has a 500 but it's concierge everything right from the travel to this that right and i do pay the annual fee it's not a big deal but it's also a 75 000 credit limit so i'll pay this 495 dollars you guys are starting out you don't need the annual fee stuff okay so the citibank best buy card you can go right into citibank and here's what i'm going to recommend for you guys going into citibank do not apply online okay do not apply online now the discover it student card because you can't walk into discover you have to apply online but make sure you have a one credit school like i had to share with you a second ago before you apply because they're gonna ask for that that uh basically the curriculum they're gonna ask for you like what what are you enrolled in okay little trick of the trade i'm telling you i'm dropping bombs every day for you guys so then on the citibank best buy go into any best buy okay now why do i ask you to go in well here's the deal remember with cyber security and everything that's going on in the world right now anytime that you can walk into a bank and or store card that has a visa logo because i don't think you really care right if it says best buy citibank but it has a visa logo and you can use anywhere does that really matter to you whether it comes from you know uh chase whether it be logo or best buy but it still has the logo you can still use anywhere it's my point who cares but the cool thing about it is when you walk in you are skipping the validation part let me say that again when you apply online anybody can be behind a computer right they could be whoever they want and so there is that fraud layer when you walk into citibank best buy a best buy location guess what they're going to ask you they're going to ask to see your driver's license and they're going to ask for you to fill it out on a little little pad right and you're going to type in your social but you already bypassed the security of who you are because they see you they see your driver's license and the chances are because you're going to say hey look i'm here i want to spend x million dollars i'm about to buy some christmas gifts for my family here at best buy and i want to get your credit card i don't want your store card i want your visa or mastercard card so make sure you specify because they do have a store card as well tell me you want the visa mastercard okay when you apply i'm gonna give you some tips here for educational purposes only do you think that if you put i make eight thousand dollars a year i live with my mom and i've been uh staying there for free and i just started my job last month do you think you're gonna get approved more or less than if you said hey i make 86 542 dollars i've been renting for the last five and a half years i've got job employment for the last 7.2 years who do you think has a better shot at getting approved here's what you need to know credit card credit cards are stated income and verification i'll leave it at that read between the lines number two and that is chase freedom card i love the chase family okay however if you've applied for more than five it's called the 524 rule if you've got applied for more than five credit cards and got approved okay so in this case for the purpose of the video because you have a thin file it probably won't apply they won't let you get another credit card if you have five other credit cards within two years chase freedom card not only gives you a hundred and fifty dollars back as long as you spend 500 bucks in 90 days they're gonna give you 150 150 of that back okay so they got a great cash back reward on it uh but it's also zero percent interest and no annual fee if you can get in with chase i'm telling you something it is a game changer line basically because i i mean i'm talking about you know you got the freedom card you've got the chasing for business you've got the prestige card you've got the southwest card i mean you've got a line of credit cards with chase and they give out the best credit limits basically i mean like that i have found upfront they're not the best for credit line increases but they are great for upfront higher limits i recommend the chase freedom card okay coming in at number one and then i'm gonna give you a bonus and that is the bank of america cash rewards cards it's a red card okay i've never seen any card give back two hundred dollars when you spend 500 bucks in the first 90 days they give you back ugh they give you back 150 on chase but they give you back 200 on the bank of america rewards credit card now here's the trick with bank of america they are a relationship bank so what i recommend is i recommend going into the bank opening up a checking account okay what i want you to do i know this is a two-step process but i'm telling you what my clients are doing going in opening up a checking account basic checking account open up with 10 bucks go back a week later because what's going to happen is they are going to get all your information put into the system now you are technically a member of the bank okay now you're going to go back to them and say hey sit down with a banker and say i would like to apply for your bank of america rewards card you're already in a system you got money in the bank they're gonna find that you are a relationship uh technically the way they look at it is look they're willing to if they're willing to like you know like take me on in the bank then hey you know i mean that guy's been through validation these guys you know he's got checking out with us he's already showed us his driver's license so security card everything checks out i am more likely to get a credit card most of my members are getting 7 000 with the bank of america rewards credit card now i'm going to give you a bonus above all bonuses and then we're going to talk about strategy one thing that you want to know if you can get in i just talked to a member a minute ago i did a consultation with this gentleman 25 000 credit card right now i'm gonna tell you the bank that is absolutely in my opinion no holds barred the best bank to have not only a relationship with but is going to give out the highest credit limits and that is navy federal so anybody that has a navy federal account family friend find somebody that has a navy federal account they can share their access number with you and add you all they got to do is go into the reporter online and add you as a family member could be cousin brother sister uncle whatever okay then you are now part of the navy federal community this is the largest credit union in the world and by far the best interest rates and by far that credit card company and or if you want to get a car loan or a mortgage loan or a real estate loan or you know rental house loan they are by far the best and like i just told you 25 000 credit limits they go all the way up to 56 000 on credit limits okay it is the best so you want to get in and start your relationship with navy federal as fast as humanly possible okay now for you guys that don't have credit okay a couple things you need to know okay if you have nothing on your credit then the four things i just told you are probably not great cards right there's a little prerequisite of things that we have to do and i'm gonna give you that structure right now first and foremost you must you must have two primaries on your credit report and two authorized users okay i like the blend of two au's and two primaries now inside the description box below i'm gonna share with you five different primary accounts that i have hand selected and vetted that they report okay so select two i'm gonna recommend probably like the my jewelers club online jewelry club aka um and maybe you do the um credit card builder okay or maybe you do a uh experian boost or maybe you do the rent reporters here's what i like if it was me i would put a rent reporter on there okay so i would be reporting my rent very easy to do love the company they're gonna go back two to three years of history so now automatically you have history two to three years rentreporters.com and i'm gonna add on the online jewelry club aka my jewelers club which is a 5k primary account you put those on and now we're going to need two authorized users okay and i'm going to share with you which ones to get and how to do this you're going to need a 10 000 credit limit with about 2.5 years two to three years anything over two years because remember we got fico coming out so we want to make sure that it's over 24 months for any trade line that we ever had moving forward 10k probably about three years let's just say three years okay and then we're gonna add another one that's going to be a 5k that's going to have about five years on it the older the card the lower the credit limit when we're talking about au so 5k five years right and then we're gonna scale it up to 10k two and a half to three years and what that shows the lenders is that your credit has gotten better and better and that you've been approved for higher and higher limits called progression 5k five years so five years ago i got approved for 5k and then 2.5 years ago which is the newer one he got approved for 10 000 or she got approved for 10 000. that's how you want to structure a call progression file okay i'm dropping bombs today boy whoo listen this is the credit game guys i don't just make this stuff up i want to help you i want to help you get higher limit credit cards i just share with you how i help somebody get a twenty five thousand dollar named federal credit card using a very similar formula this is called my credit game i was at a 505 today i'm at 827 i've been in the 800's for the last seven years i don't go backwards and the reason why because i know the game i know tricks trade strategies things to do that most people don't know so in order to like maybe you got maybe you guys have collections charge offs judgments foreclosures repos maybe you got student loans maybe you've got you know uh you are victim identified and you see fraud who knows if that's you and or you're like you know what i need the trade lines but look i you know look trade lines were you know in order to get credit cards i know that i need trade lines but i don't know where to go this is the credit game i've got the two best vip vendors not only do i give you the education that you need so you never go backwards but also you're going to get elite credit repair which is the fastest credit repair if you guys need it fastest credit repair on the planet results in 60 days and i'm going to give you up to 75 off trade lines through the number one vendor in the united states that i've worked out a deal with 75 off so let's say a normal trade line would be let's give the example of 500 bucks okay you're talking about 125 bucks because you're part of the credit game that's the deal i worked out so if you guys are ready for higher limit credit cards and stop playing in the peewee field with the baby boys we talk about the baby boys the little the little capital one platinum baby and a little little credit one bank right extremely high interest rates low credit limits three to five hundred bucks if you're like you know what i'm ready to play with the big boys and start getting the you know the ten thousand dollar twenty thousand twenty five thousand dollar navy federals you need to get a credit game the only way to do it is get in the credit game and learn how to do it i just did a one-on-one consultation with somebody literally who got a 25 000 navy federal credit card i know exactly how he did it okay sharing this with you to tell you this get in the game stop playing with the kids in the sandboxes and get in the game and start playing on the field with the football players okay i'm here to help i want to help i'm willing to work with you i just need you to take action if you want the credit cards i just laid out the four credit cards you need but you need action steps which is going to be the primary accounts which is going to be the au's and if you have any negatives on your account okay you can't get the credit cards if you have negative accounts so there's some things we need to do we need to remove the negatives okay my vip vendor joe is the best in the world in my opinion and then you need the trade lines and my trade line vendor is number one in the united states okay and you're going to get up to 75 just by being in the credit game and then i'm paying for your elite credit repair as part of you being in the credit game that's my thanks to you for being a subscriber you guys you call in i will pay for your elite credit repair today if you call me by you getting in any of my programs whether it's associates bachelor's master's phd doctorate okay automation edition i'm paying for your elite credit repair that is part of what i'm doing for you okay that being said i'll be waiting on your call i want to help you get higher limit credit cards so you can start leveraging and start la you know this whole living cash to cash thing it's for the birds man that's old school mentality let's get into the new school let's come into 20 20 20 like literally come into 2021 with great credit get some high limit credit cards and live a life of freedom i love you guys thank you for subscribing thank you for being part of the channel and i'll be waiting on your call i'm gonna give out five spots today for the elite credit pair the first five cars are gonna get the deal okay 904.420.7772 the time starts right now i'll talk in a few minutes take care you

Channel: The Credit Game

Views: 23,151

Rating: 4.9131947 out of 5

Keywords: The 4 Best Credit Cards For Beginners With No Credit, Best Credit Cards For Beginners, Credit Cards For Beginners, Credit Cards For Beginners With No Credit, The 4 Best Credit Cards, Best Credit Cards, Credit Cards 2020, Credit Card Reviews, Experian Boost, Self Lender, Credit card builder, Online Jewelry Club, my jewelers club, chase freedom, citi cash back, bank of america cash rewards card, bank of america cash rewards card review, discover it card, credit game

Id: EVvcVYZlKbg

Length: 22min 44sec (1364 seconds)

Published: Tue Nov 03 2020