There comes a point in every twenty-something’s life when they feel the need for having a credit card. Maybe it’s for charging expenses of an upcoming business trip or for the convenience of transacting online. Getting the credit card being offered with pre-approval at a kiosk in a mall might seem like a tempting choice, that may not be the best credit card for you. Hence we recommend you thoroughly research and compare different cards before committing yourself to one.
It’s important to remember that a credit card is not access to free money, but a responsibility to be managed. Anyone looking to get a credit card should consider the following:
- A low annual percentage rate.
- Additional benefits.
- A rewards program specific to one’s needs.
A large number of credit cards fall under these categories, especially given that some of these cards will also waive their annual fee for a year. Credit cards for those who have never had one can become ways by which one establishes a credit history, which is very critical for accessing other financial products in future such as personal loans later.
Given a number of options available, it would be best to narrow down one’s choices. Here are six of the best credit cards that provide the best perks for twenty-somethings:
The Best Credit Cards for Twenty-Somethings
Why It’s Great
Best Credit Cards for Twenty-Somethings
|Fully Booked-RCBC Bankard Mastercard || |
|BPI Edge MasterCard|| |
|Citi Rewards Card|| |
|BDO Installment Credit Card|| |
|EastWest Practical MasterCard|| |
|HSBC Red MasterCard|| |
Again, it’s important to remember that credit cards are not access to free money, hence think before you choose and spend using these cards. Every transaction made is money borrowed that must be repaid back in full and on time. Remember this and you will be able to ensure that you use your credit card to its full potential without driving up your debt and damaging your credit score.
If you don’t have a credit card, you can click on the banner below and compare cards, you might just find the one that’s perfect for you.