12 Things You Should Know Before Getting Your First Credit Card

Some tips worth gold!

A credit card is much more than just a plastic tool that allows you to make purchases when you don’t have cash on hand. When used sensibly, it (a credit card) can open various other doors for you in light of helping you build up a good credit score/rating and history, and building up a better reputation at/with your bank in general. Having a good reputation (at your bank) can lead to bigger loan amounts being approved and better interest rates being given; amongst numerous other fabulous perks.

However, there is still a lot you should know before joining the millions of Visa and MasterCard users worldwide.

So before running out and applying for your first card, read onwards where I shall be listing some things to be aware of (as well as think about) before taking the “credit card plunge”.

(Please note that images used throughout this story are for illustration purposes only)