There are several factors that you need to consider when searching for your first card. Consider how much money you intend to spend and for what purpose you will use the card. A credit card is not free money. You will pay interest if it isn't paid in full. The best card is one with a low rate of interest or a 0% intro period.
Diners Club Card
Diners Club is a credit-card that you can use to purchase food at restaurants. It was launched in India in 1961. The idea was conceived by a restaurant owner named Frank McNamara. It was initially introduced by Citibank as an invitation-only card.
Frank McNamara (a businessman) founded The Diners Club after he accidentally left his wallet at New York City's restaurant. Instead of paying in cash, McNamara asked his wife to pay the bill. This embarrassing moment sparked the idea for the Diners Club card. McNamara and his business partner returned to the restaurant with a cardboard card, and the Diners Club card was born.
Chase Sapphire Preferred
Chase Sapphire preferred may be the card you need if you love to travel and prefer a more simplified card experience. Its low annual fee and solid reward accumulation rate make it a great choice. Read on to learn how it stacks up against the competition. In addition to reviews of the card, you'll find answers to frequently asked questions about this card.
First, consider how flexible the card is. The Chase Sapphire Preferred offers flexible and versatile rewards, with one point for every dollar spent. The card earns 1 point per dollar on miscellaneous expenses. Capital One Venture rewards credit card offers flat rewards.
Capital One Quicksilver
Capital One Quicksilver card offers simplicity and convenience for people who are looking to simplify their financial lives. It offers a flat rewards rates that are easy to remember and has no annual fees. It's easy for you to see how much your earnings are by not having to pay interest or deducting expenses.
Although Capital One Quicksilver might not be the best choice for people with poor credit scores, it does have some benefits that might make it worthwhile to consider as your first card. It offers an intro APR offer, as well as rewards for early spending. If you're looking to get a more sophisticated credit card with travel rewards and higher cashback, you may want to consider other options.
Capital One Platinum Credit Card
The Capital One Platinum Credit Card is a good choice for those who have not yet established their credit history. There are no annual fees, credit score requirements, or security deposit. This card is great if you are trying to rebuild your credit after experiencing financial hardship. You can also get approval chances and a low interest rate, even if you have a FICO score of 580. It does not have a rewards system.
The Capital One Platinum Credit Card does not offer rewards but it is a great choice for customers looking to improve their credit score. After six months, if you keep your payments on schedule and have a low credit utilization ratio, you could be eligible for an increase to your credit limit. You will not be charged any foreign transaction fees and no annual fees.
Citi Rewards+(sm), Student Card
If you're a student looking to get a credit card, you may want to consider the Citi Rewards+(sm) Student Card. You will earn two ThankYouPoints for every dollar spent at grocery stores and gas stations. The first six months of your card's validity are completely free. You can redeem the points for free flights, gift cards or online shopping.
Citi Rewards+(sm), student card may be the right choice for you, whether you are a student abroad or a recent graduate searching for a creditcard. Although there is no annual fee, the card charges 3% for transactions outside of the United States. It's not the best option if you plan to travel for a long time.