My first credit card - What cards are the best?

What bank should I get my credit card from? What if you have no credit history yet? (I will hopefully be able to get a credit history...)

What should I look for? I%26#039;ve heard you can negotiate your APR rate.

Also, one part of me just wants a credit card for small purchases and to build enough credit history for a future home and so forth...but the other half of me is hoping to start a business and may need a card for b igger purchase (but not too big)

I am unsure...I may only need it for small purchases. I don%26#039;t see myself spending too much money (Im only in college right now), but I definitely want to get off on the RIGHT FOOT.

Any advice or suggestions? Mistakes you%26#039;ve made that you would advise me to avoid? Any information or suggestions would be a big help. Thanks!!

My first credit card - What cards are the best?

If you have a bank account I would start there.. if not set one up depending on where you are as to which bank is the best .. or just set up a savings account and then apply for their credit card.. kr

Good Luck!

My first credit card - What cards are the best?

APR won%26#039;t matter much if your limit is low.

I know people say this all the time, but I%26#039;ll try to say it with a little bit of a twist to it: be careful with the card.

For even those who are intent on being responsible, the action of swiping the card is so easy, and expenses pile up fast.

If you make sure you have a low limit, you won%26#039;t be able to put too much on the card, by accident, intentionally, or otherwise. I got a card with a $10,500 limit, not intending to use it all, but just in case, and lemme tell you it all went by fast. At first you get shocked and think there is a mistake, but then you check your statement and sure enough, you can recall each expense. You then break out the calculator because something doesn%26#039;t seem right, and sure enough, you confirm that the numbers are accurate. Keep in mind that taxes also raises the price of things pretty high.

When I had no credit, I applied for a credit card from stores, and they all rejected me. I finally got a co-signed Discover card with a $1000 limit. Did well with that! I almost maxed it. Got to about $900, and then paid it all off and closed the account. That made my credit score go sky-high, but now I%26#039;m almost $17,000 in debt, credit only. My score is pretty low, but I make all payments on time at least.

It%26#039;s easy to spend it all and just think, %26quot;I%26#039;ll pay it off eventually,%26quot; but when you get so far in debt that you will never pay it off overnight, it%26#039;s a burden constantly on your mind. Don%26#039;t let it happen! I haven%26#039;t met one person who hasn%26#039;t gone through this.

My first credit card - What cards are the best?

My advise would be not to get one. They are very tempting to use even when you think you will not. Then in a short time you can be over your head and paying back more money than its worth. You can very easier mess your credit up this way. It takes sooo long to fix it back to. You will need good credit for more important things later down the road, like a car, house etc.

My first credit card - What cards are the best?

My best advice is to not go there, especially if you%26#039;re a college student.

Are you working or have some sort of income to make regular payments?

And if that%26#039;s the case, why not just pay for what you need with money you actually have in the bank or on your person.

Many, many credit card companies lure college students in with promises of a low APR or some sort of kickback, just to get the business of young people just starting out, with fresh credit, so to speak.

If you absolutely must, be certain to read ALL of the teeny tiny print before you sign ANYTHING. Sometimes they will promise a low APR, but it turns out to be only a low APR for the first few months or so. Sometimes they sneak in an annual fee, just for the privilege of having a credit card.

My first credit card - What cards are the best?

I would suggest that you consider the American Express Card. It has a number of good features for establishing credit. The first is that you must pay the bill in full every month. This gives you a strong repayment history. Next, if you pay the bill every month as required, there are no interest charges to pay. Next is athat the card does not have any strict limits imposed. If you start a business and need to purchase a %26#039;big ricket item%26#039; you can do that also. And finally, knowing that you have to pay the bill every month makes you less likely to overcharge and over extend your ability to repay.

Clearly, not everyone will agree with me, but those are the reasons why I offer this suggestion. It will help you develop good money management practices and also build an excellent credit history and rating. Good luck.

My first credit card - What cards are the best?

best card is none. despite what tv and society says you do NOT need a credit card to survive on planet earth.

My first credit card - What cards are the best?

you might want to go here to compare them http://www.bestcreditrates.net

My first credit card - What cards are the best?

Don%26#039;t get caught up with high fees.

Many places try to entice you with points or air miles which will do you know good if you hardly use your card.

Look for one with %26quot;no frills%26quot; or gimmicks.

I got one here at this site, many to pick from!

My first credit card - What cards are the best?

I recommend applying for a student credit card. They are just like regular credit cards except they are marketed for college students. The apr will be a bit high because you dont have any credit. I recommend you pay your balance in full then you don%26#039;t have to worry about the apr. Pay your bills on time and you will build good credit. I recommend the Chase student flexible rewards card.

My first credit card - What cards are the best?

Capital one they are really good i have them and they will start you off with a $300 credit limited and if you pay on time every month they will increase your credit limit good luck

just a suggestion,