Credit Card help!!!!

Question

Ok so I'm new to this whole card thing...so before I'm gonna get one i wanna ask a couple of questions:

if i order or buy anthing from stores online or in malls how long does the invoice or the bill arrives?

also what's the best card in your own opinion?

thank U

Answer 1

Usually you will get the credit card statement (bill) the following month of your purchase. I would get either Visa, or Master Card, they are both very popular in North America.  Your bank no doubt carries one of them.  Make sure that you understand what the charges are on your credit and how much they charge for interest on unpaid balances.  If you pay the monthly bill in full every single time, you will  not pay a single penny of interest,(the rule in most cases).  However if you just pay what they call "minimun" they will be adding interest till it is paid up and it can add up quickly.  Some credid card companies charge an annual fee for them allowing you to carry their card..I would stay away from them since most banks charge nothing if you carry their credit card.  Hope this helps

Answer 2

Sounds like this will be your first credit card. If this is the case, you won't be able to qualify for most 'standard' credit cards. Here's some examples of offers for people with little or no credit history:

http://www.asapcreditcard.com/poor-credi...

While these offers tend to have higher interest rates and additional fees than traditional cards, they'll help you establish you credit history and improve your credit score. Eventually, with regular on-time payments you'll be able to qualify for a better offer. But for now you'll be limited...

Orchard Bank is a good offer to consider. You only need to apply once, then Orchard will evaluate your credit history and make a recommendation for a card. Capital One offers a similar service...