best starter credit card

What Is the Best Starter Credit Cards?

It is important that you choose the best starter credit card when you are building your credit. A card with no annual fees can help you avoid high interest charges once you start building your credit history. You need to look for a card that offers you rewards, and low interest rates. There are several things you should look for.

No excessive fees: You want to make sure that when you apply for the first credit cards, they do not charge you excessive fees that will end up hurting your wallet. First credit cards for beginners to build credit should not be too expensive, but some card issuers charge all sorts of unnecessary fees for services. Ideally, your first card should not have any other unnecessary fees such as annual fees or for using the internet. Card providers that offer the best starter credit cards have these types of fees or you should avoid them at all costs.

Easy to use: Credit cards are great tools for building your credit history. They give you the ability to manage your own spending as well as monitoring your spending. You want to make sure that you find a card that is easy to use and easy to understand. Some credit cards offer multiple reward programs and other charge fees for using the internet. Make sure you find a credit card that suits your needs.

Low APR: You should find introductory rates that are low when you are first applying for credit. After all, you do not want to pay more than you have to for services. It is important that you look for introductory rates that are low when you are first applying for beginner credit cards. After all, you will no longer be carrying a balance and you can transfer the balance to another introductory rate card. This allows you to continue building your score while enjoying low APR on your purchases.

Proper credit utilization: You should always try to maintain a good credit utilization rate. A good credit utilization ratio is the percentage of your available credit utilized each month. Ideally this percentage is around 50% and it is a good idea to strive to maintain a higher credit limit as you get better at using your credit card. If you use all your available credit, you will never have to worry about low APR ever again.

Card features you need: The best starter credit card offers have several key features in them. Look for an introductory purchase APR, a 0% intro APR for six months and no balance transfer fees when you apply for a card with these key features. Also, look for 0% APR on purchases for the first six months after you receive the card and no balance transfer fees. This is the best way to ensure that you will have a continuous increase in your savings.

No annual fee: Look for a starter credit card that has no annual fee. Most cards charge annual fees and you will end up paying them overtime. The reason they have annual fees is that they are promoting purchases to someone who doesn’t really need the product. By offering no annual fee, you can earn 1% cash back on every single purchase you make and never pay any cash at all.

Rewards Lets Users Earn 1% Cash Back: With a rewards program, you will be able to earn a cash bonus that is based on how much you spend. The more you spend, the greater your earning potential will be. The key to a rewards program is that you don’t pay any cash for your purchases. Instead, you earn the cash back that you spend. A starter credit card with a 0% cash back option is the best option to choose if you want to start building a positive credit rating.