Credit card

[SadFace 56]

Hello!

Situation:

my parent got green card in March 2024, had a bank account in us since 2016, had debit card, used it. ~200k on bank account.
We applied for secured credit card with limit of 200$ got denied. 
 

so question is, how to get first credit card for new immigrant.
I thought it was good option since we are customers of that bank for 8 years, but got denied 😕

[top_secret 2,444]

Make them an authorized user on your credit card accounts.  That will get their credit file started and get their name and social security number into the system so it is the number one best thing you can do to start them out.  Call the bank that just denied the secured card, explain the circumstances that they are recent immigrants and ask if there is any further identification or proof of income that might get them to reconsider the denied application.  If they have a local branch that you have been banking at, you can try going in and talking to someone in person. They might or might not reconsider but there is no harm in asking and sometimes it's just as simple as showing them a physical social security card, state ID or signing a release for them to directly verify a social security number.  There are now these hybrid fintech banking products out there like Chime, cred.ai etc, that more or less function like a deposit account with a debit card but report to the credit agencies as a credit card.  Those also have the added advantage that they will create the account without a hard credit pull.