Question
Which of the following credit card options would be MOST difficult to get approved while in high school? Discover student card Co-signed card Secured card Chase sapphire preferred rewards card
Answer
4.6
(354 Votes)
Lola
Professional · Tutor for 6 years
Answer
Chase sapphire preferred rewards card
Explanation
Credit card approval is generally based on factors such as credit history, income, and credit score. High school students typically have limited or no credit history and income, making it difficult to qualify for certain types of credit cards. 1. **Discover student card**: Designed specifically for students, often with more lenient approval criteria.2. **Co-signed card**: Requires a co-signer with good credit, making it easier to get approved.3. **Secured card**: Requires a security deposit, making it accessible even with limited credit history.4. **Chase sapphire preferred rewards card**: A premium rewards card that typically requires a high credit score and substantial income, making it the most difficult to get approved for high school students.