Question : What is the best credit card for an 18 trying to build credit?
I’m soon to be 18 and am looking to get a credit card to help build credit. My dad said the best thing to do is to just use it to buy gas, but I’m not really all that up to date on how credit cards work and which ones are the best. Does anyone have any wise credit card wisdom to pass on to me?
- asked by illusional_reveur
All Answers:
Answer #1
Don't use a credit card. Just use a debit card..you don't need credit cards.
- answered by purplepanda (:
Answer #2
Get a Charity credit cardCharity credit cards aregaining widespread popularity in recent years,because people are enamored with the thought ofsupporting their preferred charities at obviouslyno additional cost to themselves. When you opt forone of these cards, a one-time small donation ismade by the card issuer to the charity associatedwith the card, and subsequently a small percentageof your expenses on the card is donated by thecard issuer instead of the cardholder.Cardsavailable today cover big range of charitableorganizations, both local and national and attimes, even international. So you can be surethere will be at least one charity supporting yourfavorite cause.
- answered by See Saw
Answer #3
Small steps like paying your bills on time andusing only part of the credit available to you.Also use your credit cards for making smallpayments regularly, so that it is reflected inyour credit record. More tips available at
http://www.acreditlibrary.com/buildcredit.html
- answered by harish
Answer #4
You might wan to go here and compare them and pickthe best one that is right for u.
http://www.bestcreditrates.net
- answered by traffic816
Answer #5
Get a capital one credit card with a small creditlimit so you don't get in trouble. Its working forme! Just fallow these guide lines and it will leadyou to a better credit score. It just takes timeand responsibility. Also I would get a free creditreport at freecreditreport.com they give a summaryof what your credit score means and how you canbring it up. What factors raise your Score: You'vepaid your bills on time and currently do not haveany overdue accounts or derogatory information,such as a collection, charge-off, or bankruptcy,on your report. You can be proud of the fact thatyou are helping yourself maintain a good creditscore, so continue with the positive creditbehavior! You have no open installment loans, suchas auto loans, on your credit report. Thispositively influences your credit score becauselenders feel you are more likely to pay your otherbills without the fixed monthly payment attachedto an installment loan. Your credit report doesnot contain negative public records, such as abankruptcy, lien, lawsuit or judgment filed withinthe last two years. This is having a positiveimpact on your credit score. Although publicrecord items may remain on your credit report forseven to 15 years, depending on the item, animportant piece of your credit history is payingyour bills on time, every time.
- answered by Tiffany D
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