Just tell your opinion. And be specific too please, don't just say Mastercard.
2006-12-18 20:26:05 · 7 answers · asked by diaoman 1 in Business & Finance ➔ Credit
The best cc is one with a low interest rate (APR) with no annual fee. It really doesn't matter what type you get, as long as you use it responsibly. Go to http://www.bankrate.com/brm/rate/cc_home.asp for a list of low interest cc's, etc. I am sure you receive tons of 0% cc offers. Those are ok, too. You most likely will be give a low limit of around $500 to start with. Make sure you only use it once a month for something like groceries, gas, etc. and pay off the balance in full before the due date. Never charge a cc if you cannot pay the balance off in FULL.
2006-12-19 02:36:44 · answer #1 · answered by Anonymous · 0⤊ 0⤋
NONE!! Don't do it. I got my first card in college and 10 years later I am still climbing out of debt. Contrary to popular belief, you do not need a FICO score to get a home loan (you need the lender to base the loan off from your rental history payments, utilities, etc. banks, credit unions and Churchill mortgage do these type of loans) you don't need a credit card to rent a car or book a plane ticket, you can use a visa or MasterCard sponsored debit card.
UPDATE: A loan not based on the FICO score is a "manual underwritting" mortgage
Read:
The Total Money Make Over or Financial Peace Revisited by Dave Ramsey
Or anything by Larry Burkett or Howard Dayton
2006-12-19 08:26:21 · answer #2 · answered by mldjay 5 · 0⤊ 0⤋
Best is: Don't ask for a credit card. Pay it cash.
2006-12-19 07:47:33 · answer #3 · answered by Vampir V 3 · 1⤊ 0⤋
credit cards are for suckers. Use cash or do without.
Your better off in the long run.
2006-12-19 04:28:15 · answer #4 · answered by Brother Mike 4 · 1⤊ 0⤋
citibank student card, bob student credit card,icici master card
2006-12-19 05:34:44 · answer #5 · answered by jamy s 1 · 0⤊ 1⤋
Just get a student card
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http://www.bestcreditrates.net
2006-12-20 00:46:38 · answer #6 · answered by bijan816 2 · 0⤊ 0⤋
Don't do it. You will be sorry.
2006-12-19 14:12:11 · answer #7 · answered by Yikes! 5 · 0⤊ 0⤋