Millennials-are-a-generation-that-loves-credit

Millennials are a generation that loves credit. They also love debit, cash, and everything in between. There is no doubt that millennials love money. The question is: how do you get it? Millennials have relationships with money that previous generations did not; with student debt, housing markets and credit being very accessible to them, millennials are comfortable with borrowing money. That being said, we’re talking about credit here — not necessarily a loan. There are many different kinds of financial instruments out there, but perhaps one of the most convenient comes in the form of a credit card. For people who want regular payments and balances in their control, there are few other financial instruments available as good as a credit card. If you’re a millennial looking for some new cards to keep your finances well-ordered this year, read on to find out more about the best ones for millenials!

6 Best Credit Cards for Millennials

Platinum Check Card by American Express

This is one of the top credit cards for millenials. For starters, it’s made with a metal card that is sleek, durable, and extremely easy to hold and use. This means you can use it in all environments, from the beach to the mountains, and across almost all weather conditions. There is no doubt that this card is a sleek and high-tech device. One of the big selling points of this card is the fact that it rewards cardholders for their loyalty to the Platinum Card brand. Cardholders earn as much as 5x rewards for flights and hotels booked on the American Express travel portal. In addition, cardholders also get a $200 travel credit that can be used for a variety of things like baggage fees and in-flight food. There is no annual fee for this card, which is a great perk for millenials

Capital One Quicksilver Card

This is one of the top credit cards for millenials. For starters, it has no annual or foreign transaction fees. In addition, it has a very low interest rate of just 14.99%. Whether you’re paying off your balance or just making a balance transfer, you’re going to get a great deal. There are no rewards with this card, but the lack of annual and transaction fees makes it a worthwhile investment.

This is one of the top credit cards for millenials. For starters, it has no annual or foreign transaction fees. In addition, it has a very low interest rate of just 14.99%. Whether you’re paying off your balance or just making a balance transfer, you’re going to get a great deal. There are no rewards with this card, but the lack of annual and transaction fees makes it a worthwhile investment.

Discover Secured Card

This is one of the top credit cards for millenials. For starters, this card is a great option for millennials who are trying to build their credit. With the Discover it Secured Card, you deposit a certain amount of money into a secured account, and then the credit card brand uses that money as collateral. This means you only have a certain amount of credit you can use, but it also means it is easier to get approved for a card. The Discover it Secured Card also has a cash-back program. With this card, you get 1% cash back on all regular purchases and an extra $50 each year during your birthday month.

Chase Slate Card

This is one of the top credit cards for millenials. For starters, Chase Slate is a credit card with no annual fee, and it also has a very lenient payment plan. You can pay your balance in full, as a payment over time, or use the card as a payment towards another card. The Chase Slate Card also has a very low interest rate, so if you get approved for this card, you are going to have a great deal on interest. This card is a great option for millennials looking for a card that will keep their finances in order.

U.S. Bank Visa Card

This is one of the top credit cards for millenials. For starters, this card is extremely easy to use, and you can access it online or on your smartphone. You can also get real-time updates on your spending and account information. What’s more is that you don’t have to have a long credit history to have this card. U.S. Bank is very lenient when it comes to card approval and access. This card is a great option for cardholders who are trying to build or repair their credit history.

Summing up

There are many different kinds of financial instruments out there, but perhaps one of the most convenient comes in the form of a credit card. For people who want regular payments and balances in their control, there are few other financial instruments available as good as a credit card.

If you’re a millennial looking for some new cards to keep your finances well-ordered this year, read on to find out more about the best ones for millenials!

Find out more about loans and insurance here.

About the author