Getting your first credit card is a significant financial milestone. After sorting through an endless array of program options and promotional offers, you made your choice, filled out the application, and saw those two magic words: You’re approved!
After the initial excitement wears off, it’s important to remember that just like your first car, your first credit card comes with a lot of responsibility. While it may be tempting to grab some friends to take the new plastic for a test drive, it’s a good time to exercise a little restraint. The financial decisions you make now will have long-term effects. Like a misspelled tattoo, it only takes a momentary lapse in judgment to make a mistake that will follow you for years to come.
So, before you start exercising your newfound financial freedom, here are a few tips to make sure your first credit card experience is positive:
Credit cards can be useful tools for emergencies, and when used properly, they can help you maintain a strong credit rating. But with so many card options available today, it is essential to choose the one that’s right for you. If you haven’t secured your first card yet and are wondering where to find a trustworthy offer, UCCU offers a fixed rate card with no annual fee. That’s a great place to start!
Click the link above to continue or CANCEL