Congratulations on getting your first credit card. That’s a big step in the right direction if your goal is to establish good credit. The most important thing to do is to pay off your balance in full each month if you can. Don’t let your card sit in your wallet unused, either. You have to use it to earn good credit, as well as the credit card rewards that are a big perk of having a credit card in the first place. Just make sure to keep your spending under control, so it will be manageable for you to pay it off every statement period. Keep in mind that this might not be exactly once a month For example, an Overstock credit card payment needs to be made every 28-29 days, when the cycle ends. Just be sure to check your due date online, or on your paper statement.
CREDIT CARDS FOR BAD CREDIT:
Get 0% Intro APR on Balance Transfers and Purchases for 21 months. After that, the APR will be 12.24%-22.24% based upon your creditworthiness.
For Excellent/Good Credit
Earn 1% cash back on gas and grocery purchases. Terms apply.
For Fair Credit
Guaranteed $500 Unsecured Credit Limit
For Bad Credit