For anyone how wants to build their credit score fast, these are the BEST credit cards currently available, all completely free - enjoy! Add me on Instagram: GPStephan - Click "Show More" to see ad disclosure
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FIRST: Discover It Credit Card
A “Secured” Credit Card just means you’ll put down a refundable security deposit - and in return, they’ll give you back a line of credit equal to that exact amount. Your secured credit card will get you 2% cash back on restaurants and gas stations, AND you’ll get unlimited 1% cash back on everything else. They’re also running a promotion where they will MATCH your cash back in the first year.
SECOND: The Apple Credit Card
First, there’s no annual fee…this is INSANELY important for anyone just starting out, because a LARGE part of your credit score is made up by the LENGTH OF YOUR CREDIT HISTORY. In addition to no annual fees, they’ll also give you DAILY cash back…like, 3% cash back on apple products and with select merchants. You’ll also get 2% cash back on any purchases made with Apple Pay, and then 1% cash back on everything else.
THIRD: Amazon Rewards Card
First, there’s no annual fee. If you get the Amazon Prime Rewards Card - which requires you to have a valid Amazon Prime membership to get the full benefit, you’ll get a $100 amazon gift card for signing up, and then you’ll get unlimited 5% cash back on all amazon and Whole Foods purchases, and 2% cash back at restaurants, gas stations, and drugstores…and then 1% cash back on everything else.
The OTHER card I’m referring to is just the normal Amazon Rewards Card…this is what you could get if you DON’T pay for Amazon Prime, and you’ll still get rewards….just not as much. For example, they’ll give you a $50 Amazon Credit when you sign up, 3% cash back on amazon purchases, 2% at restaurants and gas stations, and then 1% back on everything else.
FOURTH: Bank of America Cash Rewards Card.
Just like the others, there’s no annual fee. At the moment, hey’ll also give you a $200 cash bonus when you spend $1000 on the credit card within the first 90 days. THEN…if you’re already a Bank of America Preferred Rewards Member, you can get a cash back booster on the credit card, potentially turning a 3% cash back into a 5.25% reward
FIFTH: American Express Blue Cash Everyday Card
This is one of the few American Express cards that carries NO ANNUAL FEE…so it’s entirely free to use. Plus, you can earn $150 back when you spend $1000 on the card within the first 3 months. AND you’ll get 3% cash back at Supermarkets, 2% cash back at grocery stores, and 1% back on everything else.
And just to tie all of this together, if you want a step by step of what to do:
First, sign up for the Discover It Secured Card with a $200 deposit. Once you get the card, all you need to do is put a few of your normal expenses on the card each month…and then pay it off in full. You will do this for 6 months.
Second, if you want to expedite the credit building process just a little further…around the same time you apply for the Discover It card, also apply for the Capital One Secured Card.
Third, after 6 months of doing this…you’ll want to apply for either the Apple Credit Card or Amazon Credit Card. These will be your first “unsecured credit cards.” With these cards, you’ll just do the same thing as the first two…just put small expenses on it, and pay it off in full by the time it’s due.
Fourth, from there…after 8-12 months from getting your first card…go and open up the American Express Blue Cash Card.
Then, after 12 months…you should have built up enough of a credit foundation to have a score above 750!
*Some of the card links and other products that appear on this video are from companies which Graham Stephan will earn an affiliate commission or referral bonus. Graham Stephan is part of an affiliate network and receives compensation for sending traffic to partner sites, such as CreditCards.com. This content does not include all credit card companies, or all available credit card offers. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available.
For business or one-on-one real estate investing/real estate agent consulting inquiries, you can reach me at GrahamStephanBusiness @gmail.com

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33 thoughts on “The 5 best credit cards for beginners in 2020”
  1. Avataaar/Circle Created with python_avatars Guillermo Maravilla says:

    I come from the future and I'm from 2022 merry Christmas

  2. Avataaar/Circle Created with python_avatars walking miracles ë says:

    can you do a mid tier best cards"(670") with student loans!

  3. Avataaar/Circle Created with python_avatars sniff says:

    the thing u mentioned at the end is the exact strategy im taking except im also getting citi custom cash. lol ur awesome graham!

  4. Avataaar/Circle Created with python_avatars Sinder Wolf says:

    Live out of an rv like me and foodstamps thats how

  5. Avataaar/Circle Created with python_avatars Carson Brown says:

    $120 a month for living. 18, community college which is free for me, and living with parents, only have to pay for gas to and from work, and to and from school, 22k invested 😎

  6. Avataaar/Circle Created with python_avatars Nick S says:

    It’s important to note that Discover isn’t accepted everywhere, when it’s your only card, that’s a pretty big factor

  7. Avataaar/Circle Created with python_avatars Richard Washington says:

    Great Job, young man,, thanks for the info.

  8. Avataaar/Circle Created with python_avatars Mark De Vera says:

    Live under $333 a month = join marine corp

  9. Avataaar/Circle Created with python_avatars Ameer Baig says:

    Anyone please answer can I get discover it secured credit card in india

  10. Avataaar/Circle Created with python_avatars Hood Struggles says:

    I have a credit score of 675/710 and it says I have a "poor" chance at being approved for those cards. Can you tell me why? plz&ty

  11. Avataaar/Circle Created with python_avatars Old Sergeant says:

    No one should use credit card. Credit card is the reason why average American is broke with lots of credit card debt

  12. Avataaar/Circle Created with python_avatars MassBassGuy says:

    Been working on building my credit card portfolio. I'm in super good standing. Does it matter how frequently we get cards? Assuming we get approved on all and aren't just applying all over. What duration of time between them should there be, if any?

  13. Avataaar/Circle Created with python_avatars Connor Gaarder says:

    Need this for 2021 and 2022

  14. Avataaar/Circle Created with python_avatars Chief Executive says:

    This is exactly what I did and it works!

  15. Avataaar/Circle Created with python_avatars Carla Martinez says:

    Question: I know having multiple cards makes your history smaller also making your credit lower, how do we go about getting more cards without risking that? [Asking as someone who just recently got approved for the discover it student card- my first credit card ever]

  16. Avataaar/Circle Created with python_avatars enes batur says:

    I was searching how to get rid of my negatives when I saw people talking about Mr Looper of scoresenseandspy

  17. Avataaar/Circle Created with python_avatars Silvertarian says:

    Discover's app updates too slowly, makes it look like your balance is bigger than it is.

  18. Avataaar/Circle Created with python_avatars Vex says:

    Can someone explain to me the secured credit line, discover it card? So if I put a deposit of $1200, and I get a $1200 credit line, when I spend it, is it spending the $1200 I put as a deposit

  19. Avataaar/Circle Created with python_avatars Alec Johnson says:

    You need to make a video about the wallet you use to hold all these damn credit cards 😂

  20. Avataaar/Circle Created with python_avatars Fahim Mosharrof says:

    Looks like your wife works at American Express

  21. Avataaar/Circle Created with python_avatars Ho Truong says:

    How dare you?

  22. Avataaar/Circle Created with python_avatars Dream_Chaser587 says:

    I have the AmEx BCE and that one is a credit card, not a charge card, and it definitely has a preset spending limit.

  23. Avataaar/Circle Created with python_avatars Sgt Sillyass says:

    Dude, why is your mouth always open in your thumbnails? Do you play the skin flute?

  24. Avataaar/Circle Created with python_avatars Lebron Berge says:

    What would I do without you Beastclone on telgram the credit card I got from you is my best balance have ever had on cc bravo sir

  25. Avataaar/Circle Created with python_avatars Cj Rastaaa says:

    2021 vid?

  26. Avataaar/Circle Created with python_avatars kennedy Nelson says:

    I have a question I’m just starting out as well I’m choosing between Citibank or navy fed which one should I rely on most????

  27. Avataaar/Circle Created with python_avatars jonas bilodeau says:

    Is every Amex card a charge card, or is it only certain cards like the gold and platinum cards?

  28. Avataaar/Circle Created with python_avatars Paisan Phumjan says:

    I need to know and I need to do credit cards. How can I do please

  29. Avataaar/Circle Created with python_avatars Legend Th3 says:

    You should do a mid tier list

  30. Avataaar/Circle Created with python_avatars Rigo Hurtado says:

    How about a schools card

  31. Avataaar/Circle Created with python_avatars Safiya Hakimel says:

    Your $333 a month joke was hilarious 😂

  32. Avataaar/Circle Created with python_avatars Ryan says:

    I tried to get the Apple Card a few time and I have a very good score with no loans and it keeps sawing too much debt obligations for some reason. Do u have any idea what I should do?

  33. Avataaar/Circle Created with python_avatars Lili Campuzano says:

    Any one else having the same problem? I got the discover it secured card and it has been amazing. The only frustrating thing is that even though I am making my payments on time and stay way below my credit limit, my score still drops every month. It will increase by like 10-15 points then drop the same or even more the following month. I checked my credit score and there's nothing on it that should be causing the decrease. I called discover and they referred me to my credit score. Confused and not sure why this is happening.

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