How I got an American Express credit card at the age of eighteen?
As soon as I turned eighteen I applied for a crappy credit card from my bank – it was some entry level Visa card with a $400 limit. The only reason I opened it up was because I knew I had to start somewhere. I would use it for a few months to establish a credit record and then apply for something better as soon as I got the chance. So I would put a couple purchases on it each month (always paying off the balance in full) and did that for about seven months. Then it was time to start applying for something better… At the time, there wasn’t an American Express student credit card specifically, but their Blue card had just came out. It was an entry level credit card. I though it was still a bit too early to get approved for that, but I decided to apply and give it a shot… much to my surprise not only was I approved, but I was also given a $2,000 credit limit! That’s not too shabby for an eighteen year old that wasn’t even a college student yet. After the credit crisis, is this still possi
