What credit card should I sign up for when I知 18 years old?

[The best guy]

I値l be 18 next month, I知 looking to build up points and all.
Any suggestions what痴 the best credit cards to start with?

[S209]

I値l be 18 next month, I知 looking to build up points and all.
Any suggestions what痴 the best credit cards to start with?

Since this is for sure the first time this was discussed, it痴 smart to start a new thread.

[Euclid]

Since this is for sure the first time this was discussed, it痴 smart to start a new thread.

Give him some slack, he's a grasshopper

[justaregularguy]

Go for the freedom or freedom unlimited card

[S209]

Give him some slack, he's a grasshopper

He痴 been here for 3 years with 11 posts.

[S209]

Go for the freedom or freedom unlimited card

Many people get the discover student card first.

[YitzyS]

Give him some slack, he's a grasshopper

Welcome to DDF. Let me show you around. I'm Yitzy and I'm pretty new here myself, but I did do intensive exploration before I dared post my first post. I quickely learned that here at DDF there are threads about everything, from where to buy colored toilet paper, to what to do if Chase closes your accounts (which we call by its sophisticated name, Chase A/A or Adverse Action). Please feel free to look around, and ask any questions you wish, but perhaps do so in a preexisting thread, preferably in the Beginners section. Thank you and enjoy the rest of your Purim.

[Mordyk]

I値l be 18 next month, I知 looking to build up points and all.
Any suggestions what痴 the best credit cards to start with?

Because you're 18 doesn't mean you need a CC.

Why do you feel you need a credit card? What's your goal? Do you have any income that can pay off bills that will be accumulated?

[drosenberg88429]

Because you're 18 doesn't mean you need a CC.

Why do you feel you need a credit card? What's your goal? Do you have any income that can pay off bills that will be accumulated?

It is not a bad idea to start building credit when you do not yet need it, to have in place for when you do need it.

[dsprod]

Because you're 18 doesn't mean you need a CC.

Why do you feel you need a credit card? What's your goal? Do you have any income that can pay off bills that will be accumulated?

Why is building credit a bad thing? Sounds like you had some debt when you were that age

[Yehuda57]

It is not a bad idea to start building credit when you do not yet need it, to have in place for when you do need it.

It might be a very bad idea if you end up building debt instead of a credit score, which happens way more often than people tend to admit here, and despite people's best intentions. With the majority in this forum (understandably) gung ho about opening as many credit cards as possible, it's good to have at least one person temper that with some real life talk.
.
OP, here is a taste of what we're referring to. Please be careful. Only use credit cards when you're using them as cash.

[YitzyS]

I opened my first card at age 18, and I was a few thousand dollars in debt within a year or two. It took me a few years to get out of it, and to really internalize that when people say credit cards are dangerous and can ruin you financially, it's not just preaching or hyperbole, but it applies to every single person, even me.

BH I've learned some more discipline since and can now use a credit card in a positive way, but unless people realize and deal with the risks, I'd say don't jump to get a credit card on your 18th birthday. The "good credit" is not worth the tradeoff IMO.

ETA: Just saw Yehuda57's last post, and he hit the nail on the head.

[coffeebean]

I opened my first card at age 18, and I was a few thousand dollars in debt within a year or two. It took me a few years to get out of it, and to really internalize that when people say credit cards are dangerous and can ruin you financially, it's not just preaching or hyperbole, but it applies to every single person, even me.

BH I've learned some more discipline since and can now use a credit card in a positive way, but unless people realize and deal with the risks, I'd say don't jump to get a credit card on your 18th birthday. The "good credit" is not worth the tradeoff IMO.

I disagree. If you池e very disciplined, 18 is the best time to start. I started at 18 and the only reason I have an 810 credit score and few 100 thousand dollars in credit limit is because I got in 5 years ago at 18.

[YitzyS]

I disagree. If you池e very discipline, 18 is the best time to start. I started at 18 and the only reason I have an 810 credit score and few 100 thousand dollars in credit limit is because I got in 5 years ago at 18.

I also thought I was very disciplined. And I was in other matters. It may have worked out for you, but for many it wont.

I'm not saying that he should absolutely not get a CC at 18. I'm just saying to be aware. Perhaps put in safeguards. Never spend more than $5 on it maybe. That builds credit without the risk.

[Mordyk]

Why is building credit a bad thing? Sounds like you had some debt when you were that age

nope. I had it later when real life kicked in.  At that age it also sounded nice n dandy that I became and adult and must have a Credit card. I built credit for years, played the game, went on vacations until one sour day...

Credit cards aren't always bad. But you must be educated with the risks. I find most people that I speak to don't even pause a second to understand the risks.

I disagree. If you池e very discipline, 18 is the best time to start. I started at 18 and the only reason I have an 810 credit score and few 100 thousand dollars in credit limit is because I got in 5 years ago at 18.

very discipline at 18?  LOL

[Sam 77]

Try the chase freedom student.

[coffeebean]

nope. I had it later when real life kicked in.  At that age it also sounded nice n dandy that I became and adult and must have a Credit card. I built credit for years, played the game, went on vacations until one sour day...

Credit cards aren't always bad. But you must be educated with the risks. I find most people that I speak to don't even pause a second to understand the risks.
very discipline at 18?  LOL

Yes, very disciplined. What kind of 18 year old were you?

[Yehuda57]

I disagree. If you池e very discipline, 18 is the best time to start.

very discipline at 18?  LOL

Yes, very discipline.

Once is fine, twice is an issue, but 3 times? Eibishter!

Disciplened

[coffeebean]

Once is fine, twice is an issue, but 3 times? Eibishter!

Disciplened

I guess my grammar teacher did not disciplined me enough.

[AsherO]

3 times

=

very discipline