How Do You Apply For A First Time Credit Card?
Credit cards can be an important contributor to a strong credit history. Applying for a first time credit card is fast and usually free. Here’s how to start. Review your credit report and score. Your credit report and score will determine whether or not you qualify for credit, and if so, how much credit you qualify for and the interest rate you will probably be charged on any credit you use. Research what credit cards are available to someone with your credit score and credit history. Bankrate.com lets you compare credit cards and learn what kind of interest rate you can expect with your particular credit score (see Resources below). You should also compare annual fees, late fees, the interest rate you can expect to be charged after the introductory rate has expired, and any available perks, such as airline miles, reward points or cash back. Apply for your first time credit card. You can apply online if you feel confident in the security of the site. In many cases, approval is instant.
