{"id":2086,"date":"2021-01-06T10:46:22","date_gmt":"2021-01-06T06:46:22","guid":{"rendered":"https:\/\/moneymall.ae\/credit-blog\/?p=2086"},"modified":"2021-01-06T10:49:33","modified_gmt":"2021-01-06T06:49:33","slug":"first-credit-card","status":"publish","type":"post","link":"https:\/\/moneymall.ae\/credit-blog\/first-credit-card\/","title":{"rendered":"How to Choose Your First Credit Card"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">A credit card can be used as a backup which helps you to make purchases and at time of emergencies but it can be much more. A credit card will help in building your credit history which helps you further in financial life. <\/span><\/p>\n<h1><span class=\"ez-toc-section\" id=\"If_you_are_fresher_to_use_a_credit_card_then_it_is_more_important_to_consider_the_below_things_before_you_choose_for_a_first_credit_card\"><\/span><span style=\"font-weight: 400;\">If you are fresher to use a credit card, then it is more important to consider the below things before you choose for a <\/span><b>first credit card.<\/b><span class=\"ez-toc-section-end\"><\/span><\/h1>\n<figure id=\"attachment_2088\" aria-describedby=\"caption-attachment-2088\" style=\"width: 450px\" class=\"wp-caption alignleft\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-2088\" src=\"https:\/\/moneymall.ae\/credit-blog\/wp-content\/uploads\/2021\/01\/credit-card-30.png\" alt=\"First Credit Card\" width=\"450\" height=\"450\" \/><figcaption id=\"caption-attachment-2088\" class=\"wp-caption-text\">First Credit Card<\/figcaption><\/figure>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_79 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a2337444db0f\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a2337444db0f\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/moneymall.ae\/credit-blog\/first-credit-card\/#If_you_are_fresher_to_use_a_credit_card_then_it_is_more_important_to_consider_the_below_things_before_you_choose_for_a_first_credit_card\" >If you are fresher to use a credit card, then it is more important to consider the below things before you choose for a first credit card.<\/a><ul class='ez-toc-list-level-2' ><li class='ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/moneymall.ae\/credit-blog\/first-credit-card\/#Do_your_own_Research\" >Do your own Research\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/moneymall.ae\/credit-blog\/first-credit-card\/#Ensure_You_Have_Steady_Income_above_AED_5000\" >Ensure You Have Steady Income above AED 5000<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/moneymall.ae\/credit-blog\/first-credit-card\/#Compare_Credit_Cards\" >Compare Credit Cards<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/moneymall.ae\/credit-blog\/first-credit-card\/#Read_the_Fine_Print\" >Read the Fine Print<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/moneymall.ae\/credit-blog\/first-credit-card\/#Avoid_Cards_That_Require_High_Credit_Scores\" >Avoid Cards That Require High Credit Scores<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/moneymall.ae\/credit-blog\/first-credit-card\/#Use_Loans_to_Your_Advantage\" >Use Loans to Your Advantage<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/moneymall.ae\/credit-blog\/first-credit-card\/#Need_Assistance_in_choosing_your_First_Credit_Card\" >Need Assistance in choosing your First Credit Card ?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n\n<h2><span class=\"ez-toc-section\" id=\"Do_your_own_Research\"><\/span><b>Do your own <a href=\"https:\/\/moneymall.ae\/credit-blog\/category\/credit-cards\/\">Research\u00a0<\/a><\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">It is quite common when you are ready to get your <\/span><b>first credit card<\/b><span style=\"font-weight: 400;\"> you will be more excited about your credit balance where you can make more things to happen. But beware of what getting a\u00a0 credit card entails. If you use it wrongly that will haunt you for your lifetime. So make sure to research about the credit card and plan to use it accordingly. Being well-versed in the process of applying for and using credit cards will benefit you in the long run. Don&#8217;t skip to research as it not your plate of rice. Utilize <a href=\"https:\/\/moneymall.ae\/credit-blog\/category\/credit-cards\/\">MoneyMall Credit Guides<\/a><\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Ensure_You_Have_Steady_Income_above_AED_5000\"><\/span><b>Ensure You Have Steady Income above AED 5000<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Whenever you apply for your <\/span><b>first credit card,<\/b><span style=\"font-weight: 400;\"> banks or financial institutes will ask you for proof of your income. After all, being able to repay your balance is the key to getting approved for a credit card. So banks will need to know that you can repay the amount and that they can trust you. As per the central bank in UAE, If you are age is under 21 but you have an income proof your credit card will be approved without any cosigner. So it is good to do a part-time job so that you don\u2019t need to ask anyone to cosign.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Compare_Credit_Cards\"><\/span><a href=\"https:\/\/moneymall.ae\/best-credit-card-in-uae\/\"><b>Compare Credit Cards<\/b><\/a><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">There are plenty of types of credit cards out in the market, so it is important to consider your options when deciding on your <\/span><b>first credit card<\/b><span style=\"font-weight: 400;\">. Depending on your concerns and needs choose your card.For instance, if you are worried to make the bill payments on time, then it is best to choose the card with a low annual percentage rate. If you are afraid that you don\u2019t have control over using a credit card, then a secured credit card could be a great option. Many lenders will tempt you with certain offers and all but it is you to consider if it is the best option for you.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Read_the_Fine_Print\"><\/span><a href=\"https:\/\/moneymall.ae\/credit-blog\/credit-card-terms-explained-glossary\/\"><b>Read the Fine Print<\/b><\/a><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Many people will not read the terms and condition because of its huge size. This is a big blunder if you ignore the fine print that may risk you in future. So while you choose a credit card it is important to read the terms and checked the fees, rewards and interest rates. If you find something fishy immediately ask your banker.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Avoid_Cards_That_Require_High_Credit_Scores\"><\/span><b>Avoid Cards That Require <a href=\"http:\/\/moneymall.ae\/credit-score\/\">High Credit Scores<\/a><\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Before applying for a credit card you need to know that your credit card approval completely depends up your credit score. Your credit score ranges from 300 to 900. If you&#8217;re rejected for a credit that will not affect your credit score, but your score is still affected by lenders looking into your credit history. Since it is your <\/span><b>first credit card <\/b><span style=\"font-weight: 400;\">you may not have a great credit history. So it&#8217;s better to choose those lenders who accept for a normal credit score. Or else check your credit score on AI Etihad credit bureau to know where your creditworthiness stands and apply for a credit card accordingly.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Use_Loans_to_Your_Advantage\"><\/span><a href=\"https:\/\/moneymall.ae\/credit-blog\/how-much-personal-loan-can-i-get\/\"><b>Use Loans to Your Advantage<\/b><\/a><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">If you acquire a personal loan this will be count as credit in your credit history where a positive loan history will show the credit card banks that you are less risk and capacity to repay the amount on time. Positive information of loan like if you pay off your loan on time will remain on your credit history for 10 years. However a closed credit will not help in increasing your credit score,\u00a0 but it looks good for banks in your report.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Need_Assistance_in_choosing_your_First_Credit_Card\"><\/span>Need Assistance in choosing your First Credit Card ?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Ask our Credit Card Experts Now;<\/strong><\/p>\n<p><code><\/p>\n<div class=\"cognito\">\n<script src=\"https:\/\/www.cognitoforms.com\/s\/qWaAkeW7D0SK_NYW418FaQ\"><\/script><br \/>\n<script>Cognito.load(\"forms\", { id: \"16\" });<\/script>\n<\/div>\n<p><\/code><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A credit card can be used as a backup which helps you to make purchases and at time of emergencies [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2087,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[38,2],"tags":[534,60,83,533],"class_list":["post-2086","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-how-to","category-credit-cards","tag-choose-credit-card","tag-credit-card","tag-credit-cards","tag-first-credit-card"],"_links":{"self":[{"href":"https:\/\/moneymall.ae\/credit-blog\/wp-json\/wp\/v2\/posts\/2086","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/moneymall.ae\/credit-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/moneymall.ae\/credit-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/moneymall.ae\/credit-blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/moneymall.ae\/credit-blog\/wp-json\/wp\/v2\/comments?post=2086"}],"version-history":[{"count":3,"href":"https:\/\/moneymall.ae\/credit-blog\/wp-json\/wp\/v2\/posts\/2086\/revisions"}],"predecessor-version":[{"id":2092,"href":"https:\/\/moneymall.ae\/credit-blog\/wp-json\/wp\/v2\/posts\/2086\/revisions\/2092"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/moneymall.ae\/credit-blog\/wp-json\/wp\/v2\/media\/2087"}],"wp:attachment":[{"href":"https:\/\/moneymall.ae\/credit-blog\/wp-json\/wp\/v2\/media?parent=2086"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/moneymall.ae\/credit-blog\/wp-json\/wp\/v2\/categories?post=2086"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/moneymall.ae\/credit-blog\/wp-json\/wp\/v2\/tags?post=2086"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}