Credit•4 min read•Dec 15, 2024
How to Pick Your First Credit Card
Don't fall for the jargon. Here is what matters: Fees, Reward Rates, and Acceptance.
Start with Usage Patterns
Do you order food online? Shop on Amazon/Flipkart? Or travel frequently? Your first card should align with your highest spend category.
Lifetime Free (LTF) vs. Paid
For your first card, try to get a Lifetime Free card to build credit history without annual costs. Many banks offer entry-level cards with zero fees.
The Credit Score Impact
Use your card responsibly. Paying the full bill on time is the single best way to build a CIBIL score of 750+.