How to Get Approved for a First Credit Card

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How to Get a First Credit Card....5

The way to get approved for a credit card is to start with a bank account and a dependable job. Choose an affordable offer from a credit card company with advice from a registered financial consultant in this free video on money management.

Part of the Video Series: Personal Finance Tips
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Video Transcript

This is financial adviser Patrick Munro, talking about how to get approved for a first credit card. Having a first credit card is a big responsibility, and once you get it, it's a milestone, in your credit life. The way to do this of course, is to start with a bank account, and have a job that is fairly dependable, that develops an income, that would allow you to make a credit card payment. Once you have these two factors in play, a credit card offer will arrive. Make sure you choose an offer that is affordable to you, and an interest rate that seems fair for your station in life. Once you get the credit card in your possession, make sure you pay off the payments when they come in. This will result in you receiving other credit card offers in the mail, and once they arrive, make sure that you always pay those payments on time. In fact, in full if you can. Be mindful, if you're really good at this, you'll get a lot of credit card offers. Make sure you don't fill them all out, because you'll get then too many credit cards, and that will affect your credit score. This is Patrick Munro, talking about how to get approved for your first credit card.

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