The Ultimate Guide to Credit Cards
Thursday, February 22, 2024

All articles tagged Young Adults (14)

11 Surprising Teen Credit Card Statistics (2024)

11 Surprising Teen Credit Card Statistics (2024)

Parents may be skeptical about giving their teens a credit card for fear of the debt they may rack up. But there are more financial benefits than downsides to consider. With the right guidance, a young adult who has the opportunity to use a credit card in high school and college can learn how to manage spending and start building healthy money habits that lead to greater financial success later in life. Not to mention, a credit card allows teenagers to establish and build credit,... read more »

9 Best Credit Cards For 16- & 17-Year-Olds (Feb. 2024)

9 Best Credit Cards For 16- & 17-Year-Olds (Feb. 2024)

A mid-teen can do so many things, but owning a credit card account will have to wait until you reach 18. But if you are a bit impatient, take heart: You can be an authorized user of your parent’s credit card account or prepaid debit card if they consent.  We review the best credit card offers for 16- and 17-year-olds, plus some of the top debit cards and apps for the same age group. You can get your first bank credit card only once, so make it a good one.  Nervous... read more »

How to Start Building Your Credit at 18 (Feb. 2024)

How to Start Building Your Credit at 18 (Feb. 2024)

I must admit that I had no idea how to start building credit at 18 when I first arrived at the NYU campus. The topic was not on my radar and wouldn't be for the next four years. Of course, few students had credit cards back then, Nixon was president, and the Vietnam War occupied much of our attention.  Things are quite different today. Folks in their late teens can't help but confront vexing issues about finding a job or an affordable college. Tales of lifelong student loan... read more »

12 Best Credit Cards For Young Adults (Feb. 2024)

12 Best Credit Cards For Young Adults (Feb. 2024)

The best credit cards for young adults can make your financial life a whole lot easier. As a young adult, however, the options for establishing your credit may be limited by your age and inexperience. No one under the age of 18 can be considered for credit on their own. Furthermore, the CARD Act of 2009 prevents young people under the age of 21 from obtaining a personal credit card without proof of income or an adult co-signer with good credit. Even when you do meet the... read more »

5 Best Credit Cards For 18-Year-Olds (Feb. 2024)

5 Best Credit Cards For 18-Year-Olds (Feb. 2024)

Turning 18 can be an exciting time, full of new adventures. Many will leave home for the first time, vote for the first time, and buy their first Powerball ticket in the fruitless hope of becoming a millionaire. At one time, another rite of passage for newly-minted 18-year-olds was to signup for their first credit card, choosing from among the bounty of applications inevitably hitting their mailbox — until the CARD Act of 2009. These days, the CARD Act (Credit Card Accountability,... read more »

8 Low Interest Credit Cards For Beginners (Feb. 2024)

8 Low Interest Credit Cards For Beginners (Feb. 2024)

If you're young and want it all, check out our roundup of low interest credit cards for beginners. These are genuinely great deals. Not only do you get your first credit card, but you also get one with a relatively low interest rate.  For credit newbies who need to watch every penny, these cards can save you some significant coinage over the course of a year. Navigate This Article: Students Unsecured ... read more »

7 Best Credit Cards For Young Adults (Feb. 2024)

7 Best Credit Cards For Young Adults (Feb. 2024)

In the sports world, a head start may be against the rules — but in the financial world, the best credit cards for young adults are a great way to lay the foundation for a successful future. With these cards, you can start to build a credit score, while proving to banks that you’re responsible with your bills and monthly budget. That is a great advantage to have when you’re ready to make a big purchase — such as a home or a car — in the future. And since most of these cards... read more »

Understanding Credit Cards: A Beginner’s Guide (Feb. 2024)

Understanding Credit Cards: A Beginner’s Guide (Feb. 2024)

Similar to your first job, car or apartment, your first credit card is an important milestone on your journey from youth into adulthood. To do adulting right, you'll want at least one card in your own name. While you can manage your personal finances without any cards, you'll find life in the grownup world is much easier with them. Cards can help you shop online, rent a car, book an airline ticket, reserve a hotel room, set up cellphone service, and more. Cards for beginners usually... read more »

8 Best Credit Cards for 20- to 30-Year-Olds (Feb. 2024)

8 Best Credit Cards for 20- to 30-Year-Olds (Feb. 2024)

In recent years, the term millennial has become almost a punch line for jokes about the younger generation, as well as a tag placed by marketers who want to capture the attention of this elusive group. But in the finance industry, this group is the most sought-after consumer demographic, accounting for more than $600 billion in spending annually. So, it’s no surprise that banks have created several cards to appeal to this demographic. We’ve broken down the best credit cards for... read more »

7 Best Credit Cards for Young Professionals (Feb. 2024)

7 Best Credit Cards for Young Professionals (Feb. 2024)

Twenty-three percent of millennials don't have a credit card, according to TD Bank's 2019 Annual Consumer Spending Index, which means they’re missing out on benefits that can enhance their lives. So, should you pick a card, any card, and be done with it? Oh no. If you're an emerging career-driven consumer, getting the account that best suits you requires some consideration. After all, you wouldn't buy a new laptop without first investigating the advantages and prices of the... read more »

12 Best Credit Cards for Young Travelers (Feb. 2024)

12 Best Credit Cards for Young Travelers (Feb. 2024)

Traveling is one of the greatest joys in life. There’s nothing like seeing new things, experiencing different cultures, and creating memories that will last a lifetime. Perhaps that’s why young adults are traveling more than any generation before them. If you’re the type who doesn’t like to stay in one place for too long, or if the travel bug recently bit you, welcome to the club. Thankfully, there are many credit card options that can net you rewards that make traveling... read more »

11 Best Credit Cards for Beginners (Feb. 2024 Guide)

11 Best Credit Cards for Beginners (Feb. 2024 Guide)

Finding the best credit card for beginners may seem like a challenge, with a seemingly endless number of cards available today. But it doesn't have to be an overwhelming experience. Building credit from scratch can seem like a Catch-22. Without good credit, you won't qualify for many of the best credit cards. But if you don’t have a credit card, it's difficult to build good credit. How do you deal with that conundrum? By getting a basic credit card as your first credit card and... read more »

7 Best Credit Cards for Millennials (Feb. 2024)

7 Best Credit Cards for Millennials (Feb. 2024)

Although the media likes to portray millennials as youngsters who live on their phones, that image needs to grow up — because those millennials certainly have. In fact, most millennials are well into their twenties, with the older faction of the generation pushing 40. Yes, all the millennials are now full-fledged adults, with all the trappings that implies — like credit cards. While millennials are growing up, their adult lifestyles reflect their coming of age in a digital... read more »

12 Best Credit Cards for Teens (Feb. 2024)

12 Best Credit Cards for Teens (Feb. 2024)

According to data collected from Greenlight users, the average weekly allowance in 2022 ranged from about $6 a week for the average 5-year-old to more than $28 a week for 19-year-olds. Although the amount may seem laughably small to the typical working adult, it only takes a little income to start instilling the right financial behaviors in an impressionable young mind. Financial opportunities, like allowances and part-time jobs, can help your child learn to budget and make wise... read more »