am 17 and i dont know which one to apply for theres just so many cards that seem so good, i just need one that i can buy stuff with thats simple and easy to use, and please leave details on the cards that you suggest ......thankyou
2007-07-07 03:41:42 · 10 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
if your responsible and WILL pay your bills on time, get america express because there so simple to use. all they do is expect you to pay it off in a month then they leave you alone. visa and master card will give you all this interest crap and warnings and there complicated. if you have american express, you also get more points and theres better prizes for these points. look it up on www.americanexpress.com......
2007-07-07 03:49:52 · answer #1 · answered by Anonymous · 0⤊ 1⤋
DON'T GET CAUGHT UP IN THE CREDIT CARD SCAMS!!! Do you have a job you can pay it back? Minimum balances are at least doubled now- i.e., if you had a $35 balance, be prepared to pay double that. And that's just your MINIMUM. Make sure you educate yourself in this area before getting a card. You should be only getting a credit card if you can pay off the entire balance every month. I got caught up in credit card debt when I was only 19 and some idiot bank gave me a card when I had a part time job and going to school full time. It's a much better feeling knowing you don't owe anyone any money!
If you're just looking for convenience, start out with opening a checking account and obtaining a debit card. It's just like a credit card without having to worry about anything. If you don't have the money, you can't spend it. lol
I will never again get a credit card and live by the motto if I can't afford it in cash, I don't need it. But if I had to get one, Capital One seems to be a reputable company.
Good luck!
2007-07-07 11:12:32 · answer #2 · answered by Tiggerfrk 3 · 0⤊ 0⤋
http://moneycentral.msn.com/banking/services/creditcard.asp compares just about every card there is... All of them are simple to use. So simple that you can find yourself head over heels in debt before you know it. You should NEVER spend money you can't pay when the bill comes in; never carry a balance because that's going to cost you a bundle. And one late payment and the fees and probably the interest rate piles on. If you have a debit card, use that unless you are certain you can handle credit. If you have a credit union, talk to them about a credit card and their rates. Service is better and not as inclined to hide fees/rates from you until they catch you with your shorts down. Since you are 17 you may have to have an adult sign with you also. Good luck!
2007-07-07 11:30:24 · answer #3 · answered by saurus3118 5 · 0⤊ 0⤋
Do you have a job with which you would be able to pay off your credit card each month???
Remember, a credit card is only advance money to use at the time you don't have it (kind of like an early paycheck). In the beginning, you would have a small spending limit anyways, e.g. $200. Buying 'stuff', this is quickly spent. And if not paid off steadily, it'll add up superfast!!! Let's say, your limit is 200. You spent 185, forget to pay your, let's say $10 minimum payment, you will get charged a 'late' payment fee, which is, let's say, 25 which would put you over your limit, and incur an 'over the limit' fee...before you know it, you'll owe 500 for not even having 'stuff' for 200!!!
So, unless you are planning on paying it off each month to build yourself some real good credit, don't bother!!!
2007-07-07 10:58:15 · answer #4 · answered by avechm 4 · 0⤊ 0⤋
More than likely at 17 you have no credit score and it is going to be extremely hard for you to get a credit card. I am 20 years old and I have 2 credit cards, a checking account, savings, an apartment, and student loan and yet I still cannot get certain credit cards without my mother.
If you have a checking account and a CD your bank may be able to link a credit card to your CD for protection.
You could go to creditcards.com and apply for a student credit card. But to forewarn you. If you do not have a checking or savings or have never had a credit card, you probably do not have a high credit score and you will not be approved for a credit card and it will put your credit score lower. Your best bet is to go to your bank and start there. They will help you out.
I hope this helps.
2007-07-07 11:46:33 · answer #5 · answered by Jessica T 1 · 0⤊ 0⤋
Someone suggested American Express. This is a bad idea for your first card because (1) they charge an annual fee ... more than $100, and (2) not every business accepts them. the most commonly-accepted card is MasterCard. They do not charge an annual fee. As far as simple to use, they are all exactly the same. The only difference is a DEBIT card (that takes money directly from your checking account). For debit cards, when you use them you will need to enter your bank PIN number.
So, the first choice is MasterCard.
Second choice would be VISA.
2007-07-07 11:00:33 · answer #6 · answered by jdkilp 7 · 0⤊ 1⤋
Credit card are bad unless you use them wisely and pay them off full every month. The interest fee's are high and some charge you a fee yearly just to have their card.
If you do decide to get a card, look at the interest rate on the card and make sure it is low.
2007-07-07 11:12:27 · answer #7 · answered by Grandpa Shark 7 · 0⤊ 0⤋
Visa and Mastercard are the most common and are issued by almost all banks. The choice is based on the interest rate and fees the bank charges, not the card.
2007-07-07 10:45:16 · answer #8 · answered by Barkley Hound 7 · 1⤊ 0⤋
I believe you have to be at least 18 years old to get a regular credit card. But you can get a prepaid credit card.
2007-07-08 20:39:35 · answer #9 · answered by Helper 2 · 0⤊ 0⤋
none are good...
airline miles, bonus points, free hats... it's all marketing gimmicks to get your business and get you to spend money. Don't fall for that stuff.
2007-07-07 10:55:30 · answer #10 · answered by Anonymous · 0⤊ 0⤋