There are several things to take into consideration when looking for your first credit card. It is important to think about how much you are willing to spend on the card and what you intend to use it for. Also, remember that a credit card can't be free money. Interest will accrue if you don’t repay it in full. It is best to get a card with a low-interest rate or a zero-interest introductory period.
Diners Club card
The Diners Club card is a credit card used for shopping at restaurants. It was first introduced to India in 1961. Frank McNamara (a restaurant owner) came up the idea. It was launched as an invitation only credit card by Citibank, HDFC Bank and others.
Frank McNamara was a New York City businessman who accidentally lost his wallet at a New York City restaurant. He founded The Diners Club. Instead of paying the bill in cash, he asked his wife for help. This embarrassing moment sparked the idea for the Diners Club card. McNamara, his business partner, returned to the restaurant holding a cardboard-card and thus the Diners Club was born.
Chase Sapphire Preferred
Chase Sapphire Prreferred could be the card for you if your passion is traveling and you want a simple card experience. The card's low annual fees and solid reward accumulation rate make Chase Sapphire Preferred a great choice. Read on to learn how it stacks up against the competition. The card is reviewed, and you will find answers for frequently asked questions.
Consider first how flexible this card is. Chase Sapphire Preferred offers flexible rewards with one point per dollar. You can also earn one point for every dollar you spend on miscellaneous purchases. If you prefer flat rewards, you can opt for the Capital One Venture Rewards Credit Card.
Capital One Quicksilver
Capital One Quicksilver Card is the best choice for anyone who wants simplicity and convenience in financial matters. It offers a flat rewards rates that are easy to remember and has no annual fees. You can see exactly how much you're making by looking at the numbers.
Although Capital One Quicksilver might not be the best choice for people with poor credit scores, it does have some benefits that might make it worthwhile to consider as your first card. It also comes with an intro APR offer 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 Card Credit Card
Capital One Platinum Credit Card - This card is great for those with no credit history. There are no annual fees, credit score requirements, or security deposit. This card is great if you are trying to rebuild your credit after experiencing financial hardship. You can also get approval chances and a low interest rate, even if you have a FICO score of 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. After six months of card-use, you might be eligible for a credit enhancement if your payments are on time and your credit utilization rate is low. You will not be charged any foreign transaction fees and no annual fees.
Citi Rewards+(sm), student card
Citi Rewards+(sm), student card may be a good choice if you are a student looking for a creditcard. You can earn two ThankYou Points per dollar you spend at gas stations and supermarkets with this card. 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 Cards may be right for you. The card does not have an annual fee but charges 3% for international transactions. This card is not recommended for extended trips.