Guide to Getting Your First Credit Card

Name: Guide to Getting Your First Credit Card
Item: Guide to Getting Your First Credit Card
Author: Nathan Paulus

You must be 18 years or older to apply for a credit card, with proof of income and a credit history. If you don't have a credit history, consider a secured or student card. Pay off your card on time to build good credit.

By Nathan Paulus

Edited by Jonathan Ramos

Updated: October 23, 2024

Advertising & Editorial Disclosure

Getting a credit card for the first time is an important financial milestone that can open the door to numerous opportunities. Credit cards can be useful for building credit and covering unforeseen expenses, but they require responsible use — otherwise, they can lead to debt and financial stress.

Before getting your first credit card, make sure you understand how credit cards work and confirm that getting one aligns with your financial needs and habits. Knowing how your use impacts your credit score, the risks of late payments and key credit card terms will help you decide if it’s the right choice.

Key Takeaways for First-Time Credit Card Users

You need to be 18 years or older to apply.

If you’re a first-time applicant with no credit history, consider choosing a secured or student credit card. These options are designed to help establish credit with lower risk.

Becoming an authorized user on someone else’s card can help you build credit before applying for your own.

Pre-approval helps identify which cards are within reach without affecting your credit score.

Many issuers allow online applications, often with instant approval. If approved, expect your card to arrive within 7–10 business days.

If your application is denied, you have the right to know the reasons.

Check if You Qualify for a Credit Card

Once you’ve decided to get your first credit card, understand the basic eligibility criteria for approval before applying. Credit card issuers assess specific factors for all applications, so knowing these upfront can help you focus on cards you’re likely to qualify for. Below are the key requirements to meet before applying for a credit card:

Age

You must be at least 18 years old. If you’re under 21, you may need to provide proof of income or have a co-signer.

Income

You must have a steady source of income to demonstrate your ability to make payments. This can include earnings from a job, an allowance or government benefits.

Credit History

Some credit history is typically required, especially for unsecured cards. If you have no credit history, you might need to start with a secured credit card or become an authorized user on someone else’s account.

Social Security Number (SSN) or ITIN

You need to provide your SSN or ITIN so the lender can check your credit history and verify your identity.

Residency

Most issuers require you to be a U.S. citizen or permanent resident.

Proof of Identity

You must provide proof of identity, such as a driver’s license, passport or other government-issued ID.

An illustration of people interacting with a large credit card. One person is seated on top of the card, another leans on it, and a third sits nearby with a laptop.

How to Choose the Best Credit Card for First-Timers

For first-timers, it is best to choose cards designed for building credit or offering low fees, such as secured or student cards. These options are ideal for those new to credit because they help establish credit without the risk of high-interest debt.

It's also helpful to learn about other types of credit cards, varying from travel rewards to cashback options, each offering distinct benefits. When choosing a card, always remember that the goal is to select one that supports financial well-being and fits spending habits rather than a card that could lead to unnecessary debt.

Explore beginner-friendly options

The most ideal options for beginners include secured cards, student cards and low-fee cards. These cards are designed to help establish credit while minimizing risk. Understand why a card is needed — whether to build credit or manage everyday expenses — and choose one that aligns with those goals. Below are some types of credit cards that offer valuable perks for beginners.

Type of Credit Card	Perks Offered for First-Timers
Secured Credit Card	Helps build credit with less risk since the card is secured by a deposit. Ideal for those with no or poor credit history.
Student Credit Card	Provides an opportunity for students to build credit while controlling spending, with benefits like no fees and rewards.
Credit Builder Cards	Helps build or rebuild credit by reporting positive payment behavior. Useful for those starting with no or poor credit.
Low-Interest Credit Cards	Minimizes interest payments for first-timers who may carry a balance, making it more affordable to manage credit.
Rewards Credit Cards	Allows first-timers to earn rewards on everyday spending. Best for those who pay their balance in full each month to avoid interest charges.
Travel Credit Card	Great for frequent travelers starting out, offering rewards like airline miles and no foreign transaction fees.

Understand your credit score

Your credit score affects the cards you qualify for. If you have little or no credit history, consider starting with a secured card. You can check your score through a free credit report from major credit bureaus.

Consider your spending habits

Consider where you spend most of your money. If you frequently travel, a card with travel rewards might be ideal. If you’re a student, a card offering cashback on everyday purchases like groceries or dining out could be more beneficial.

Understand the interest rates and fees

Look at each card’s APR and any fees, such as annual or foreign transaction fees. Select one with terms that fit your spending habits and your ability to pay off the monthly balance.

Consider the credit limit offered

Your credit limit is the maximum amount you can borrow. Select a card with a credit limit that you can manage responsibly. A lower limit helps control spending, while a higher limit may be needed for larger expenses.

Evaluate the rewards programs

Some credit cards offer rewards like cash back, points or travel miles. Although these can be appealing, ensure the rewards program fits your spending habits and does not entice you to overspend to earn rewards.

Think about long-term goals

Consider how the credit card you choose will fit into your long-term financial goals. Will it help you build credit? Does it offer opportunities for upgrades or better terms in the future? Make sure the card you select aligns with where you want to be financially.

Become an Authorized User to Build Credit

Becoming an authorized user on someone else’s credit card is an excellent way for first-time applicants to enhance their credit card approval chances. It allows individuals to build credit without the responsibility of managing their own accounts. As an authorized user, the primary cardholder’s account activity is reported to credit bureaus, which helps establish a credit history.

A positive credit record from this arrangement can improve the likelihood of being approved for a credit card, especially if the primary cardholder practices good credit habits. Below are tips on becoming an authorized user on someone else’s card.

Find a trustworthy primary cardholder

Choose a responsible cardholder, such as a family member or close friend with good credit habits. The primary cardholder’s account activity will directly affect the authorized user’s credit.

Discuss terms and permissions

Talk to the primary cardholder about expectations, such as whether the authorized user can access the physical card or simply benefit from the credit history. Clarifying usage terms can prevent misunderstandings.

Monitor account activity

Once added, the authorized user should monitor the account activity regularly to ensure that the primary cardholder maintains positive credit behavior — like paying bills on time and keeping balances low — which will help build a good credit history.

Check credit reports for updates

After a few billing cycles, check credit reports to verify that the authorized user’s credit history is being reported to the credit bureaus. Ensure that the positive credit behavior is reflected in the credit score.

Get Pre-Approved for Your First Credit Card

Whether you’re applying for a credit card for the first or the tenth time, getting pre-approved can help identify which cards are within reach. This minimizes the risk of getting denied upon application. Pre-approval also allows applicants to explore offers without hurting their credit score, which is especially important when establishing credit for the first time. Although it doesn’t guarantee acceptance, it can help you choose a card that aligns with your financial goals and eligibility. Below are steps to get pre-approved for a credit card.

Visit credit card issuer websites

Many credit card issuers offer pre-approval checks directly on their websites. To access them, navigate to the pre-approval or "see if you're pre-qualified" section, usually found on the issuer's homepage or under credit card categories.

Fill in the required information

Input personal details such as name, address, income and Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN). The issuer uses this data to conduct a soft inquiry, which won’t impact the credit score.

Review pre-approval offers

After submitting the information, the website will display a list of credit cards for which the applicant may qualify. Review each card carefully. Compare the pre-approved cards based on your needs — whether you’re building credit, earning rewards or avoiding fees.

How to Apply for Your First Credit Card

If you meet the credit card requirements and have chosen the right option, it's time to submit your formal application. Most issuers offer a convenient online application process. However, be cautious not to apply for multiple cards simultaneously, as this can negatively impact your credit score. Here are the typical steps involved in the application process:

Gather required information

Before applying, make sure you have all the necessary information. This typically includes your Social Security number, income details, employment information and housing costs.

Complete the application

Most credit card applications can be completed online. You’ll need to fill out a form with your personal and financial information. Double-check all the details before submitting to avoid errors that could delay processing.

Submit the application

After reviewing your information, submit the application. For most online applications, you should receive a decision within minutes. However, some applications may require further review, which could take a few days or weeks.

Review the terms if approved

If your application is approved, carefully review the card’s terms and conditions before accepting. Pay attention to the APR, fees and any introductory offers to ensure you fully understand the terms.

Receive your card

Once approved, your new credit card will be mailed to you, typically within 7–10 business days. To start using it, be sure to follow any activation instructions included.

How to Handle a Denied Credit Card Application

If you’re applying for a credit card for the first time and have limited credit history or no credit score, there is a chance your application may be declined. You can apply again, but it’s best to wait a few months. Understanding how to handle a denial can improve your chances next time. Sometimes, you can contact the card issuer to discuss the reason for the denial and potentially resolve the issue over the phone.

Find out why

If your application is rejected, the Fair Credit Reporting Act legally requires the card issuer to detail their decision through an adverse action letter. Common reasons for denial include incorrect application information, insufficient income or excessive debt. Understanding why your application was rejected can help you address these issues and improve your chances of approval next time.

Wait before reapplying

Avoid reapplying right away. During the application process, banks make inquiries on your credit report, which can ultimately affect your score. The recommended minimum wait time is at least three months, but you can wait six or more.

Request for a free credit report

After your application is denied, you have about 60 days to request a free copy of the credit report the bank used to make a decision. Review it when you receive it to see if you can dispute any errors.

Aim to improve what’s needed

While waiting to reapply, you should work to improve your financial or credit profile. For example, if you were denied due to having an issue with your credit score, try to build your credit in other ways, such as becoming an authorized user on a friend’s or family member’s credit card or applying for a credit-builder loan to help you make regular payments. You can look into a secured credit card to help you pay off your bills on time and spend responsibility before moving on to an unsecured card.

An illustration of a woman standing confidently in front of a bank building. She is surrounded by symbols representing money, credit cards, and question marks, conveying the concept of financial decisions and banking options.

How to Build Credit With Your First Credit Card

First-time cardholders should focus on consistent, positive habits, such as paying bills on time and keeping balances low. Establishing good credit early on can improve future approval odds for loans, mortgages and other credit products. The key is to manage credit wisely to avoid debt while steadily building a solid credit profile.

Pay bills on time

Ensure the credit card payment is made by the due date each month. Late payments can significantly damage credit scores, while on-time payments improve credit history.

Keep balances low

Avoid carrying a high balance on the card, as this increases credit utilization, which can negatively affect the credit score. Aim to use less than 30% of the credit limit.

Pay more than the minimum

Whenever possible, pay off more than just the minimum amount due. This reduces interest charges and helps pay off debt faster, contributing to better credit habits.

Monitor the credit report

Regularly review the credit report to ensure that the credit card activity is being reported accurately and to catch any discrepancies early.

Avoid opening multiple cards too soon

Stick with one card until good credit habits are established. Opening multiple credit cards too quickly can lower the average account age, which can hurt credit scores.

Set up automatic payments

Setting up automatic payments helps ensure bills are paid on time, reducing the risk of late payments or missed deadlines.

FAQ: Getting Your First Credit Card

We addressed some frequently asked questions to help you make informed decisions when getting your first credit card.

What credit score do I need to get my first credit card?

Generally, a credit score of 670 or above is considered good and increases your chances of approval for most credit cards. However, if you have no credit history or a lower score, you might still qualify for a secured or student card.

How much money should I have to start a credit card?

You don’t need a specific amount of money to start a credit card, but having a steady source of income is important. Some secured credit cards require a security deposit, typically setting your credit limit. Depending on the card issuer, this deposit could range from $200 to $500.

What is the easiest first credit card to get?

Secured credit cards are typically the easiest to obtain for first-time users because they require a security deposit and have lower approval requirements. Student credit cards are also designed for individuals with limited or no credit history.

Is it easy to get the first credit card?

Getting your first credit card can be relatively easy if you apply for a card that matches your credit profile, such as a secured or student card. However, approval may be more challenging if you have no credit history or insufficient income.

Can I get a credit card if I never worked?

Yes, you can get a credit card even if you’ve never worked. Still, you’ll need to demonstrate some form of income or financial support, such as a regular allowance, government benefits or funds from other sources. If you’re under 21, a co-signer might be required to qualify.

Expert Insight on Your First Credit Card

Applying for a credit card is an exciting prospect, but is one that needs to be carefully evaluated. MoneyGeek consulted experts within the financial industry for insight on what you need to know about getting your first credit card.

What is the best advice to give first-time credit card applicants and holders?
What are some key reasons that indicate that it’s not the right time to get a credit card?

Konstantin Platonov, Ph.D.Professor of Economics at Loyola Marymount University

Matt J. Goren, PhDAssistant Professor of Financial Planning and CFP Program Director at The American College of Financial Services

Miye WireManaging Partner, CFP®

Nirit RubensteinCEO & Co-founder of Dovly

Brian DeChesareFounder of Mergers & Inquisitions and Breaking Into Wall Street

Todd ChristensenAccredited Financial Counselor and Education Manager, Money Fit by Debt Reduction Services, Inc.

Additional Resource

Below are additional resources to help you learn more about getting your first credit card and ensure you’re on the path toward making the right financial choices to avoid debt.

Consumer Financial Protection Bureau: This worksheet from the CFPB lets you create personal rules to live by when it comes to your credit.
Federal Student Aid: Geared for college students, this FSA guide provides more information on financial literacy and making sound financial decisions regarding a wide range of financial products, such as credit cards.
Junior Achievement: Dedicated to teaching students about workforce readiness and financial literacy through hands-on programs, the JA organization is a great option for students who want to learn more about life after graduation.
National Endowment for Financial Education: For those who want financial education, NEFE provides programs to help people take control of their finances regardless of their income level.
National Foundation for Credit Counseling: The NFCC is a nonprofit network of credit counseling organizations dedicated to counseling those needing debt relief.
Financial Counseling Association of America: The FCAA is a nonprofit organization represented by financial counseling companies. It offers people a range of counseling, such as credit, housing, student loans and bankruptcy. FCAA members also provide assistance and support for debt management and financial education.
Society for Financial Education & Professional Development: The SFEPD provides financial education and professional development seminars and workshops for college students and workers.

About Nathan Paulus

Nathan Paulus is the Head of Content Marketing at MoneyGeek, with nearly 10 years of experience researching and creating content related to personal finance and financial literacy.

Paulus has a bachelor's degree in English from the University of St. Thomas, Houston. He enjoys helping people from all walks of life build stronger financial foundations.

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sources

Federal Trade Commission. "Fair Credit Reporting Act." Accessed October 23, 2024.