Secured Credit Card
Another method that can be used to establish your credit history is the use of a secured card. How does this work? Typically you would open a savings account with someone who is offering this type of card. Once the savings account is established (sometimes with as low as $100.00), you are issued a normal credit card that can be used up to the amount you have in the savings account.
Note that with a secured credit card, interest is charged just as with any other card even though payment is actually guaranteed to the credit grantor through your savings.
Once you have obtained a secured credit card: