How To Apply For Your First Credit Card – Many or all of the products featured here come from our partners who pay us. This may affect the products we write about and where and how products appear on the page. However, this does not affect our assessment. Our opinions are our own. Below is a list of our partners and how we make money.
Credit cards aren’t hard to understand — but they sure are if you’ve never had one before. Our first credit card guide will help you get started. We’ll explain the basics of credit cards, including how you qualify and help you decide if you’re ready to take on credit card responsibilities. We’ll show you how to sort through your options and give you tips on how to use your first credit card wisely to build a strong credit history.
How To Apply For Your First Credit Card
A deep understanding of how credit cards work will save you time, money and hassle. It starts with understanding which credit card options make sense (and which don’t) first. Learn how to avoid unnecessary fees, interest and penalties. And see how your credit score can benefit (or suffer) from the actions you take with your first credit card.
Things To Know Before Getting Your First Credit Card
Your first credit card will allow you to make purchases without immediate payment. It gives you convenience and flexibility. But if you’re not careful, your debt can quickly get out of hand. Take a look at yourself—your habits, your maturity, your attitude toward money—and figure out if you’re ready to use your first credit card.
What does it take to get approved for your first credit card? People usually focus on credit scores, but not only that, people with no credit history also have options. Your income is just as important: after all, you need money to pay your bills.
Don’t expect big rewards, great perks, or generous interest-free periods on your first credit card. These boons are available only to those who have established a good reputation. Your first credit card may be more general — a card that helps you run before the race. Options include secure, store, student, and replacement cards, as well as finding co-signers or becoming an authorized user of someone else’s account.
That’s how you have your first credit card. What should you use it for? use it! This doesn’t mean ramping up the spending spree. This means charging a reasonable fee for it and then paying it on time. Month after month, along the way – this is how you build a good credit history and upgrade to a better credit card.
Applying For Your First Credit Card? Here Are Five Great Entry Level Options For You
Use your first credit card to build a strong credit history, and then you can upgrade to a credit card with more benefits over time. Here are some other resources to help you make an informed decision:
About the Author: Paul is Susie. She has worked for USA Today and the Des Moines Registry and holds an MBA. Read more
The Best Credit Cards for 2022 Read More Why You Should Use a Credit Card for Almost Every Purchase Virginia C. McGuire, Paul Soucy Read More
After you sign up, we’ll send you Nerdy articles on the money topics that matter most to you, as well as other ways to help you get the most out of your money. We are an independent, ad-supported comparison service. Our goal is to help you make better financial decisions by providing interactive tools and financial calculators, publishing original and objective content, enabling you to research and compare information for free – so you can make financial decisions with confidence. can
Guide To Getting Your First Credit Card
Working with issuers including, but not limited to, American Express, Bank of America, Capital One, Chase, Citi and Discover.
Quotations appearing on this website are from the company that pays us. This compensation may affect how and where products appear on this website, including, for example, the order in which they appear within a listing category. However, this compensation will not affect the information we post or the comments you see on this site. We do not include company wide or financial references that you may find.
Jacqueline supports and works with over a dozen financial brands including LendingTree, Credit Karma, Fundera, Chime, MagnifyMoney, Student Loans…
Liliana is an editor and journalist with a background in feature writing on the Credit Card team.
How To Apply For Your First Credit Card
.The content on this page is correct as of the date of publication; However, some of the offers mentioned may expire. Terms apply to offers listed on this page. Any opinions, analyses, comments or recommendations expressed in this article are solely those of the author and have not been reviewed, approved or otherwise endorsed by any card issuer.
But, our mission is to demystify the credit card industry – no matter where you are in your journey – and make it an industry you can navigate with confidence. Our team is full of experts, from credit card professionals to data analysts, and most importantly, people who buy credit cards just like you. With this combination of expertise and perspective, we closely monitor the credit card industry throughout the year:
But, we focus on what consumers care about most: rewards, welcome offers and bonuses, APR and overall customer experience. Any issuer discussed on our site is evaluated based on the value they offer to consumers at every level. At every step of the process, we fact-check ourselves to prioritize accuracy so we can continue to serve you at every next step.
Follow a strict editorial policy, so you can trust us to put your interests first. Our award-winning editors and journalists create honest and accurate content to help you make the right financial decisions.
What You Should Know When Getting Your First Credit Card
We value your trust. Our mission is to provide readers with accurate and unbiased information, and we have established editorial standards to ensure this is achieved. Our editors and reporters thoroughly fact-check editorial content to ensure that the information you read is accurate. We have a firewall between advertisers and editorial teams. Our editorial team does not receive direct compensation from our advertisers.
The editorial team writes on behalf of you – the reader. Our goal is to provide the best advice to help you make informed personal financial decisions. We follow strict guidelines to ensure that our editorial content is not influenced by advertisers. Our editorial team does not receive direct compensation from advertisers, and our content is thoroughly fact-checked for accuracy. So whether you’re reading an article or commenting, you can be confident that you’re getting reliable and trustworthy information.
You have money problems. There are answers. For more than four decades, our experts have been helping you take control of your money. We continuously strive to provide customers with the expert advice and tools they need to succeed in life’s financial journey.
We follow strict editorial policies so you can trust our content to be honest and accurate. Our award-winning editors and journalists create honest and accurate content to help you make the right financial decisions. Content created by our editorial staff is objective, truthful and not influenced by our advertisers.
Choosing My First Credit Card
By sharing how we make money, we’re transparent about how we can bring you high-quality content, competitive prices and useful tools.
Is an independent, ad-supported publisher and comparison service. We are compensated by placing sponsored products and services or clicking on certain links published on our website. Therefore, this compensation can affect how, where and in what order products appear in a listing category. Other factors, such as our own proprietary site rules and whether products are available in your area or within your preferred credit score range, also affect how and where products appear on this site. While we strive to provide a broad range of offerings, we do not include information on every financial or credit product or service.
Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com Services are available only in licensed states. Coverage.com may not provide coverage in all states or situations. All insurance products are governed by the terms of the applicable insurance policy and all related decisions (such as approval of coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurance company. The information on this website does not alter the terms of any insurance policy in any way.
Getting your first credit card can be an exciting and symbolic time for teenagers. Not only does having a credit card make life easier for adults in many ways, but if used correctly, it can be a great tool for building a strong credit history.
A Beginner’s Guide To Using Your First Credit Card — Her First $100k
But despite the many benefits of having a credit card, you need to think carefully before applying for your first credit card. Credit cards come with a lot of responsibilities, so if you’re considering opening your first line of credit, before you decide whether
How to apply for a credit card for your business, how to apply for a credit card first time, first credit card to apply for, where to apply for first credit card, how to apply for first premier credit card, how to apply for first bank credit card, how to apply credit card for first time, how to apply for first credit card, how to apply for first credit card with no history, apply for your first credit card, best first credit card to apply for, how to apply for my first credit card
