What is the best credit card to establish credit?
I am a student and I do not have any credit. What kind of credit card would be good for me to start building my credit up? I do not want anything that has a monthly fee, and it does not need to be a high credit limit because I will be buying something and paying it right off. Any suggestions?
You should go to your local credit union or bank. They will have the best interest rates. Also, credit unions are more lenient lenders so you will be more likely to get approved. If you cannot get approved for a regular card you can still get a secured card. This is just like a regular card, but you will have to have a savings account to use as collateral. This will build your credit by showing a payment history and after a year or more the bank will release the hold on your savings.
