How to Get Your First Credit Card?

There are significant advantages to owning and using credit cards. Using credit cards is convenient, they have better fraud protection than debit cards, make it easy to track spending, and you can receive perks such as cash back and travel rewards.

People with a long history of consistent, timely payments qualify for top cards. Younger people with poor credit scores or who don’t have established credit can often still get credit cards, but the options are more limited

Who Qualifies for a Credit Card?

Starter credit cards are designed for people who need to establish credit. These cards might be secured or unsecured (more information on this later), like a student credit card and usually don’t have the best terms. They often have low limits and high interest rates.

What is a Starter Credit Card?

Everyone has to start somewhere. That means you initially have no credit but eventually take specific actions like opening a credit account, loan or credit card, which the major credit bureaus deem essential for building creditworthiness—and, by extension, establishing credit for yourself.

What Does Having “No Credit” Mean?

- Identifying information.  - Income sources or financial resources. - Monthly cost-of-living information.

What Do You Need to Apply for a Credit Card?

Getting your first credit card requires making trade-offs. In exchange for having no credit history, your credit card issuer may want to have more protection for themselves, uncertain of how you’ll handle credit.

How to Get a Credit Card with No Credit

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