seniormom43

My 18 year old D is a college Freshman and asked our thoughts about applying for a credit card to build credit, and to have on hand in case of emergencies. We agreed that it was a good idea. Please note, we know our daughter and how meticulous she is with her finances, so we do not see this as a risk .

So, she went to the bank where she has her checking account (NBNA) and applied for a no fee Student Visa card, whose key benefit is advertised as 'To begin building your credit history.' Her application was rejected because the credit card company says that they contacted Equifax, and that she doesnt have enough credit references. They are correct there, as she has no credit references since she is just appliying for credit for the first time in her life. But, isn't that the purpose of the credit card she applied for?? To build credit? When challenged, the bank recommended a secured credit card (with a fee of course).

Has anyone else's student ever had difficulty like this in obtaining a student credit card to build credit, and then be denied because of no credit? Could it be because she doesnt have a student loan? Any suggestions as to how to circumvent this?

Thanks