Choosing your very first credit card is a hard thing to do. So many options are available that many don’t know where to start. Many financial experts and specialists recommend you start practicing healthy financial habits immediately.
This leads to building good credit and establishing a healthy credit history. If your credit journey is about to begin, and you don’t want a secured credit card, you should consider getting a starter one. However, this is where the trouble starts. With so many options, it’s almost impossible to make an educated choice without having at least some basic knowledge of what to look for.
You need a well-rounded unsecured credit card with top benefits and other perks that will increase your chance of qualifying for a credit card with better rewards thereafter. We’ll cover some essential details you should know when choosing your starter credit cards wisely and responsibly.
How Does a Starter Credit Card Work?
A starter card is a credit card for beginners. It doesn’t require a good credit score or credit history. It is an unsecured credit card that offers near-identical benefits to traditional cards. If you manage your line of credit responsibly, you can earn rewards and avoid interest charges.
The difference between a starter and a traditional credit card is that you get the same unsecured card with lower benefits and higher fees. Still, you need no credit history or zero credit score to pre-qualify. Usually, these cards require a checking account or a debit card that can be linked together.
Your starter credit card is an excellent way to start building your credit history, raise your credit score, and work up to qualifying for a better credit card. Certain starter cards give you a timeline for doing so.
When choosing a starter credit card, look for offers with bonuses, rewards, and reasonable fees. Remember to spend what you can afford, make your due payments on time, and pay your balance in full each month.
Regarding the best credit cards for starters, here are some to choose from.
What are the Best Cards to Start Building Credit?
If you want to start building your credit, here are our top picks of credit cards for rebuilding and building your credit:
RELATED: Also Check Secure Credit Cards (Explained)