I am thinking to apply for an Icelandair Mastercard... - Travel with Credit Cards Questions

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Credit Card Applications » Questions » User Questions » Travel with Credit Cards » I am thinking to apply for an Icelandair Mastercard to continue building my credit I has...

I am thinking to apply for an Icelandair Mastercard to continue building my credit I has low APR and I’m a Saga Club member. I only have a secured credit card now. Do you think it is a good card for me?

Answered on | Updated on October 20th, 2016
The content is accurate at the time of publication and is subject to change.

First of all, make sure your credit score is high enough to qualify. As a rule, airline co-branded credit cards are for people with good or excellent credit. Those whose credit is close to good credit, may also qualify for such card. Then, if your primary goal is credit building only, the Icelandair card is one of good options. But if you want to earn some points, it may not be as good. The card’s rewards program is not one of the rewarding, and if you are planning to carry a balance, your points may be eaten by interest. When applying for a rewards credit card, it is recommended to pay off the card balance in full each month to get the most out of the rewards.

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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