Credit Cards

<p>I’m starting a business this summer, but it requires a credit card. I wouldn’t be using the credit card for the business (all that’s required is that you have one) but I might use the card for small purchases to build credit. Are there any credit cards that are particularly good for teenagers? Any I should definitely stay away from? </p>

<p>Thanks!</p>

<p>P.S. I know I double-posted this thread. I wanted to be sure to get feedback from students and parents.</p>

<p>Preference towards
1.Obtaining CC with a long float (from billing date to last date that is deemed current).<br>
2. No annual fee, unless you want the benefit.
3. Your local bank that you do your deposits with or that you have your loans thru.
4. Gas card, which can also be used as a CC. </p>

<p>Keep a small balance on a couple of cards. This builds up credit history. Paying your cards off every month is commendable but it does not build a credit history and thus will show as a lower FICO score. </p>

<p>Good luck on the business.</p>

<p>Does anyone know if CapitalOne is still offering their student cards? I can’t an application link on their website, and the other applications I’ve picked up are for majors only.</p>

<p>Try Citibank. They have several different student credit cards with no annual fee. You can apply online. My son did this and got his card pretty quickly.</p>