Comments on: Tips For First Time Credit Card Users http://studenomics.com/credit/tips-for-first-time-credit-card-users/ Tue, 16 Mar 2010 21:00:13 -0600 http://wordpress.org/?v=2.8.4 hourly 1 By: Roger http://studenomics.com/credit/tips-for-first-time-credit-card-users/comment-page-1/#comment-15060 Roger Thu, 19 Nov 2009 19:41:43 +0000 http://studenomics.com/?p=2646#comment-15060 here's not too much to say about credit cards that hasn't already been mentioned. Pay them off each month, use a reward card wherever possible, and don't let yourself more just because you don't have to pay in cash. Do that, and you should be just fine with using credit cards. I would add that if your primary credit card is an American Express or Discover (like my Amex Blue card), you should probably have a second card from Visa or Mastercard as well. Amex and Discover aren't accepted by a number of retailers, so a back up card (or an extra large supply of cash) is a must. here’s not too much to say about credit cards that hasn’t already been mentioned. Pay them off each month, use a reward card wherever possible, and don’t let yourself more just because you don’t have to pay in cash. Do that, and you should be just fine with using credit cards.

I would add that if your primary credit card is an American Express or Discover (like my Amex Blue card), you should probably have a second card from Visa or Mastercard as well. Amex and Discover aren’t accepted by a number of retailers, so a back up card (or an extra large supply of cash) is a must.

]]> By: Millard http://studenomics.com/credit/tips-for-first-time-credit-card-users/comment-page-1/#comment-14392 Millard Tue, 10 Nov 2009 17:15:23 +0000 http://studenomics.com/?p=2646#comment-14392 You might want to take a look at the only card that will not get anyone in trouble. The Nothing Card. www.NothingCard.com No annual fees. No bills at the end of the month. No interest or late fees. Stick it in your wallet and stick it to the banks. You might want to take a look at the only card that will not get anyone in trouble. The Nothing Card. http://www.NothingCard.com No annual fees. No bills at the end of the month. No interest or late fees. Stick it in your wallet and stick it to the banks.

]]> By: Financial Samurai http://studenomics.com/credit/tips-for-first-time-credit-card-users/comment-page-1/#comment-14361 Financial Samurai Tue, 10 Nov 2009 03:35:18 +0000 http://studenomics.com/?p=2646#comment-14361 MD - Good post, and a reminder for readers not to get scammed and pay undue fees for credit card companies! If you've got more than 1 credit card, frankly, it's 1 too many imo. Don't fall into the trap of spending more b/c of some measily 1-2% rebate! MD – Good post, and a reminder for readers not to get scammed and pay undue fees for credit card companies!

If you’ve got more than 1 credit card, frankly, it’s 1 too many imo.

Don’t fall into the trap of spending more b/c of some measily 1-2% rebate!

]]> By: Credit Card Chaser http://studenomics.com/credit/tips-for-first-time-credit-card-users/comment-page-1/#comment-14348 Credit Card Chaser Mon, 09 Nov 2009 22:30:04 +0000 http://studenomics.com/?p=2646#comment-14348 My advice would be to get a cash back card and make sure to pay off the balance in full every month. As soon those cash back rewards checks start rolling in then its a great lesson making credit cards work FOR you instead of against you. My advice would be to get a cash back card and make sure to pay off the balance in full every month. As soon those cash back rewards checks start rolling in then its a great lesson making credit cards work FOR you instead of against you.

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