Credit Cards for Young Professionals

In the past, being a young professional meant you had it made. Graduating college and entering in a white-collar profession used to mean steady employment, a solid paycheck, and time to enjoy the single life before you settled down to start a family. This status quo changed with the economic crash of 2008.

Young Professional © CreditDonkey

These days, it’s a tough time to be a young professional. According to the U.S. Bureau of Labor Statistics, over 2 million college-educated workers were unemployed in 2011. The tough economy means less money for your family, social, and financial goals. However, just because the economy is bad doesn’t mean you have to give up on your dreams. If you plan your spending right and take advantage of every cost-saving tool out there, anything is possible.

The right credit card in your pocket is a good start towards these goals. Credit card companies offer numerous benefits that come in handy during these tough times. We’ve put together a list of the credit cards for young professionals, all with no annual fee. By picking the right card for your goals, you’ll have an easier time making them happen.

The World Traveler

It’s the perfect time to travel when you’re young. You have the energy and enthusiasm to see exotic countries that may be too intimating or stressful to see when you are older. As a hard-working young professional, it’s also nice to get away from it all and go on vacation.

Blue Sky from American Express card collects reward points on everything you buy, which can be used toward travel rewards with no blackouts or restrictions. You can redeem with any airline, any hotel and any car rental.

Plus, you'll earn 7,500 bonus points after you spend $1,000 within the first 3 months. This number of points is redeemable for a $100 statement credit.

The Socialite

If you are the king or queen of your social circle and only want personalized concierge service, the Citi Diamond Preferred card is for you. This card offers 24/7 concierge service to help provide assistance in booking hotel, flights, concert tickets, and more.

Plus, help fill your social calendar with special access to presale tickets, preferred seating, and VIP packages through Citi Private Pass.

The Smart Shopper

Now that you’ve finished school, it’s easier to appreciate how fast time goes by. The future comes quick and it’s important to be financially prepared.

If you’re looking to save money as you prepare for the future, consider the Discover It card. This card earns 1% cash back on almost everything you buy. It earns 5% cash back in special categories throughout the year, on up to $1,500 in purchases each quarter. By planning your spending ahead of time, you’ll be able to save money.

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