No. of Recommendations: 0
TMFPurr says:
I think it's a bank-by-bank issue, as I got offered a gold card as a student that had a $10,000 limit, and I had no job at the time. (I'd had regular credit cards for a few years then and had paid them off on time and didn't carry a balance.) I've still got the card, mainly for emergencies, and they've only upped the limit a bit since then (though my income has gone up considerably) and they "upgraded" it to a Platinum card (they'd phased out the Gold card) a year or so ago.

Of course, this card is a First Card, now First USA...


Just to add some datapoints...
I applied for and got my first Platinum card while I was in college with no job. It, too, was from Firstcard (now FirstUSA). I disagree that Gold Firstcards have been phased out, though, since they recently downgraded my platinum card to a gold card for no particular reason. Ironically, they also raised my credit limit at that time...go figure. Even odder is that the downgrade came after I graduated, got a job, and actually started making money.

Maybe they were bothered by the fact I had recently moved to take the job or that I like to transfer my balances when the APRs go high. It matters little since I plan on having it paid off shortly and closed anyway.

Just thought another experience might be helpful...

Dan
aFoolishEngineer
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