I Want a Credit Card
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The IWantMoney.net I Want a Credit Card page has deals for getting a student credit card, cash back rewards cards. We will continue to add offers as we find them. Cash back cards are especially lucrative to those who spend a lot of money on their credit card as they essentially get a coupon on most of things they normally buy. Student credit cards typically have very low interest rates to assist younger card holders who carry a balance. The best credit cards are low interest and don't charge a fee just for holding the card. As an added benefit, try to get a cc with rewards such as cash back and points toward gift cards, vacations, plane tickets, gas, and more. If you can find this type of card, you'll want to apply. Be careful on how much balance you accept. Most people lean towards getting the highest balance available, but this can be foolish if you simply run up a balance and then make only the minimum payments.
Making only minimum payments on a credit card is a bad idea because you incur more and more interest on the balance remaining. The effect of this is the items you purchased become much more expensive than they actually cost. It is a very good idea to pay your entire balance each time you can. This will prevent interest from adding up on most credit cards and at the same time assist you in building credit. If you have a difficult time with discipline in your spending, aim for a limit of $500 if you get a credit card at all.
When applying for any type of credit card, remember to carefully read the terms and conditions you are agreeing to. Credit cards have differing payment and interest structures to be aware of. Further, each have different rates and obligations you agree to.
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