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U Have To Be 16 Years Old In The UK For A Saving's Credit Card... U Have To Be 18 Years Old In The UK For A Loan Credit Card...

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15y ago

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Whats the best credit card to get if you want to improve your fico score?

If you do not have any credit cards then your best card is a bank card, or if you do not have credit at all then open up a secured line of credit with your local bank. Deposit a minimum of $200.00 from your own funds, and only use up to 30% of the credit limit; which is $60.00 in order to have a credit score that is above avarage.


How much does a late credit card payment affect your credit score?

I recent late payment on an open account can hurt your credit score up to 60 points.


How do you get to be a card holder?

To get a debit card, you simply open an account at a bank and they issue you the card. As for credit cards, you gave to apply to get one, and you may or may not be approved, depending on your credit history. If you are turned down for a credit card, you can either have someone co-sign with you, or you can start building credit by getting a store credit card (such as Sears), and re-apply one you've built up some credit.


What is the procedure to Surrender a credit card?

You can simply write to the credit card company and close your account. Then you can cut up your credit card.


What are the requirements to own a credit card?

First of all, you must be at least 18 years old to enter into a legal binding contract in the United States. Signing up for a credit card is entering into such a contract. The conditions are that you can borrow money from the crdit card company but you promise to pay it back. Next you must have good credit. If you have no credit history, the credit card company will offer you a small amount of credit to get you started, for example, they may offer to open a line of credit for you of $200.00.Those are the 2 basic requirements you will need to qualify for a credit card.Another way around it is the following:You can sign up with someone who already has a credit card. You can be added to their account as a co-signer. A co-signer means you can use the other person's card, even though you are not the primary credit card holder. People may decide to add their children (who must be at least 18 yrs old)or their husbands & wives as co-signers on their credit accounts. However, the owner of the card (person who originally had the credit card) must pay for all charges made on the account. That person is the only one the credit card company will go after if the card does not get paid. So please, be cautious about who you decide to add to your account as a co-signer.

Related Questions

How do you find out how many credit card accounts you have open and who they are with?

I would start by looking up your credit report. You can get this from Equifax or Transunion.


What are some ways to clean up a credit score?

Some ways to clean up a credit score is to start paying bills on time, reduce credit card debt, and open a bank account. Those are the best ways to clean up a credit card score.


What are the advantages and disadvantages of open end credit?

One of the advantages of the open end credit is that it offers purchasing power and offers the credit card benefits. The disadvantage is that it might blow one's budget up.


Whats the best credit card to get if you want to improve your fico score?

If you do not have any credit cards then your best card is a bank card, or if you do not have credit at all then open up a secured line of credit with your local bank. Deposit a minimum of $200.00 from your own funds, and only use up to 30% of the credit limit; which is $60.00 in order to have a credit score that is above avarage.


How much does a late credit card payment affect your credit score?

I recent late payment on an open account can hurt your credit score up to 60 points.


How do you get to be a card holder?

To get a debit card, you simply open an account at a bank and they issue you the card. As for credit cards, you gave to apply to get one, and you may or may not be approved, depending on your credit history. If you are turned down for a credit card, you can either have someone co-sign with you, or you can start building credit by getting a store credit card (such as Sears), and re-apply one you've built up some credit.


How can you open Actuarial account?

you go on there website there a button called sighn up click it then you shall enter all your details and make a credit card accout and there you are have fun with your new credit card


Where can I find online information on how to apply for a credit card?

If you go to your Bank's Webpage, you will find a lot of Information. You could also open up the Amazon Credit card, which gives you discount on a lot of items.


What is the procedure to Surrender a credit card?

You can simply write to the credit card company and close your account. Then you can cut up your credit card.


Do you have to have a mobil and credit card before you sign up for YouTube?

No U do not need a credit card to sign up.


Where can one open up a merchant account to be able to accept credit cards from customers?

Businesses often go to banks/credit unions or other financial institutions to open up merchant accounts to be able to accept credit card payments from customers. It is much better to have this option seeing that customers often spend more when given the option to pay with a card.


What is a pick up credit card?

its stupid question its nothing when u got to have a new credit card and ur going to have it from bank than that will be called pick up credit card