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meghanruff

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I just qualified for my first credit card. Any advice on how to use it to my best advantage?
$300 credit limit

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Top Contributor
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first congratulations on making your first step into financial responsibility now as to answer your question and keep you on the correct path.....DO NOT put more then $60 on it ie:20% of your credit limit....for the best score possible you want to stay at 1%-20% anything above 30% or at 0% will be a negative impact on your credit score...I strongly suggest though you don't go over 20% for the best score possible, Second always pay the card in full so you don't pay interest on the items you already purchased and that is pretty much it best of luck and again congratulations on taking your first steps into financial responsibility

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