Help a young NTer choose his first credit card

[kiendienn]

I've always used my debit card, but chase cancelled its ultimate rewards program for debit card users.

One of their employees recommended I get the Chase freedom credit card if I'm looking for rewards.

In terms of a credit card, I'm going to just pay it right away, and not deal with any of the fees and interest.  The employee told me that I can set up my credit card so that it draws directly from my debit account at the end of every month which is definitely ideal for me because I don't want to forget or anything.

I was just wondering if there are any other better options, or one with a better reward system, as well as any pointers when it comes to a credit card.

here's the link to chase freedom:
https://www.chase.com/onl....htm?CELL=6152&fle=1

 

[iamchris]

Do not max out. Keep up with all payments. No major purchases.

 

[oidreez]

Originally Posted by kiendienn

I've always used my debit card, but chase cancelled its ultimate rewards program for debit card users.

One of their employees recommended I get the Chase freedom credit card if I'm looking for rewards.

In terms of a credit card, I'm going to just pay it right away, and not deal with any of the fees and interest.  The employee told me that I can set up my credit card so that it draws directly from my debit account at the end of every month which is definitely ideal for me because I don't want to forget or anything.

I was just wondering if there are any other better options, or one with a better reward system, as well as any pointers when it comes to a credit card.

here's the link to chase freedom:
https://www.chase.com/onl....htm?CELL=6152&fle=1

same thing happened with me except i applied back in january and got declined. the guy said since it was over 6 months ago i can try to apply again but i dont want to risk getting declined again

 

[mecks]

at this point in the economy, you shouldn't be looking at the best rewards.

Get one with no annual fee and an into apr of below 10% (usually it'll be free or like 5%)

If you're a student try to get a student credit card they are more likely to accept your app, especially if you have an account with the bank.

*I'm assuming this is your frist credit card. If you go and apply n it gets declined, you are actually hurting your score.

 

[sundoobie]

Best card out there right now is the following...

Citi[emoji]174[/emoji] Platinum Select[emoji]174[/emoji] Visa[emoji]174[/emoji]

0% Intro APR on balance transfers and purchases for 21 months. After that, the variable APR will be 11.99%-20.99% based upon your creditworthiness.¹

Citi Identity Theft Solutions

$0 Liability on unauthorized purchases

http://www.creditcards.co...platinum-select-visa.php

 

[natisfynest]

Try to get into a local credit union and get a credit card thru them. I am with one and my interest rate is only %11

 

[retrosniipes]

 

[oh you mad]

 

[gaseousfashion]

Get something with 0% intro APR for a good amount of time (12-24 months).

Then you're going to want a low APR after that.

I don't know if it helps but I told my credit card company I was only going to use my card for books and school stuff.

They gave me a 7-9% APR after the initial intro period.

Now I realize that is a good deal for a new college student with no prior credit history.