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Credit Card Applications » Questions » User Questions » Build Credit History » I have just recently began trying to establish my credit history and I love shopping at...

I have just recently began trying to establish my credit history and I love shopping at Abercrombie. Would the Abercrombie and Fitch card be a good credit card to start with?

Answered on | Updated on May 21st, 2015
The content is accurate at the time of publication and is subject to change.

This is a common wonder amongst people who are trying to establish a credit profile. My honest answer to your question is no, I don’t believe that the Abercrombie and Fitch credit card is a good option to start with. One major reason is because the card has an extremely high APR of 24.99%. With an interest rate this high, you would need to ensure that your monthly balance is paid off in full to avoid getting stuck with interest charges. If you were to miss a few payments, you would owe a lot more than the cost of whatever you purchased. In addition, this card is issued by Comenity Bank which means all of your credit activity is not reported to the major credit bureaus, so only a small portion of your credit history will be built. What I would recommend for you to start with is a traditional credit card that is affiliated with a major payment network. In addition, the card you start with should also have a low spending limit and low APR so you can avoid getting in over your head.

Disclaimer: This editorial content is not provided or commissioned by the credit card issuer(s). Opinions expressed here are the author's alone, not those of the credit card issuer(s), and have not been reviewed, approved or otherwise endorsed by the credit card issuer(s). Reasonable efforts are made to present accurate information, however all information is presented without warranty. Consult a card's issuing bank for the terms & conditions.
All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.
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