There are several things to take into consideration when looking for your first credit card. There are two main factors to consider when shopping for your first credit card: how much you plan spending and what you plan on using the card for. A credit card is not free money. You will pay interest if it isn't paid in full. A card with a low interest rate or 0% introductory period is ideal.
Diners Club credit
Diners Club is a credit-card that you can use to purchase food at restaurants. It was first introduced in India in 1961. Frank McNamara, a restaurateur, was the one who came up with this idea. The card was first introduced by Citibank and HDFC Bank as an invitation-only credit.
Frank McNamara a businessman founded The Diners Club after he lost his wallet at a New York City eatery. Instead of paying the bill in cash, he asked his wife for help. The Diners Club card was born from this embarrassing moment. McNamara and his business partner returned to the restaurant with a cardboard card, and the Diners Club card was born.
Chase Sapphire Preferred
Chase Sapphire Preferred is a great card for avid travelers who want an easy card experience. The card's low annual fees and solid reward accumulation rate make Chase Sapphire Preferred a great choice. You can read on to see how it stacks against the rest. In addition to reviews of the card, you'll find answers to frequently asked questions about this card.
First, take into account how flexible the card's features. One point per dollar spent on Chase Sapphire Preferred earns you flexible rewards. The card earns 1 point per dollar on miscellaneous expenses. Capital One Venture Rewards Credit Card is available for flat rewards.
Capital One Quicksilver
Capital One Quicksilver is the card for you if you want simplicity and ease in your financial life. It comes with a flat rewards rate that is easy to remember and no annual fee. It's easy for you to see how much your earnings are by not having to pay interest or deducting expenses.
Although the Capital One Quicksilver credit card is not recommended for those with poor credit, there are some benefits that may make it worthwhile as your first credit card. You also get an intro APR and rewards for early spending. If you're looking to get a more sophisticated credit card with travel rewards and higher cashback, you may want to consider other options.
Capital One Platinum Credit Card
Capital One Platinum Credit Card - This card is great for those with no credit history. There is no annual fee, credit score requirements or security deposit. This card is great for people who have suffered financial hardship and are looking to rebuild their credit. It also has a low interest rate and good approval chances, even with a FICO score as low as 580. This card does not offer rewards.
While the Capital One Platinum Credit Card doesn't offer rewards, it is still an excellent option for those who want to build credit. If you make all of your payments on time and have a low credit utilization rate, you can qualify for an increase in your credit line after six months of card use. Additionally, this credit card doesn't have annual fees or foreign transaction fee.
Citi Rewards+(sm) Student Card
Citi Rewards+(sm), student card may be a good choice if you are a student looking for a creditcard. The card gives you two ThankYou points for every dollar spent at gas stations or supermarkets. The first six months of the card's validity are free, and the points can be redeemed for free trips, gift cards, or online shopping.
Citi Rewards+ (sm) Student card is the perfect choice for anyone looking for a credit or debit card. While there is no annual fee for this card, it charges 3% for foreign transactions. It's not the best option if you plan to travel for a long time.