The process of choosing of your first credit card can be pretty exciting since that is the moment when you start studying all the offers promising you tempting rewards and sign-up bonuses. However, a future cardholder should be aware of the fact that not every credit card with a bunch of benefits will be right for him/her and it all depends on the financial statements.
If your plans include the building of a credit then it is worth taking a look at the student cards we offer, or you can draw your attention to cards for fair or limited credit. We highly recommend getmyoffer.capitalone.com Quicksilver credit card of Capital One, since this credit card is exceptionally suitable for building credit. In case you do not find this exact credit card appealing or you wish to explore other options, then you can try other credit cards for fair credit.
If your past credit history is not so pleasant, a properly used credit card may come in handy when trying to improve your credit records quickly. The best option for you to choose is taking a secured credit card to rebuild credit. After obtaining a secured card, you will need to put down a deposit, and it will serve you as a credit limit. Do not expect that your credit history will improve right away, but secured cards usually have low fees and penalties as compared to unsecured credit cards.
Rewards for using a credit card have been introduced not just for your benefit, but also for the good of credit card companies since this way you use your credit card more often. All the rewards provided by different credit cards can be divided into three main categories. The first one is cash back, then goes point rewards, and finally travel cards with no annual fee. As you see, depending on how you prefer to redeem rewards you can choose the most suitable reward option for your taste.
Carrying a balance on most credit cards can be risky, and we usually don’t recommend it; nevertheless, there is an exception in case of making large purchases (if you were considered qualified for a 0% interest credit card). Usually, these cards provide up to 21 months of interest-free introductory periods. If you are able to make a large purchase and you can pay it off instantly, then we would like to pay your attention to a reward card with a huge sign-up bonus.