Hello! I am 18, I have just started a 17.75 per hour, part time 3-5 hours per shift. My gross on my tax forms is 16,129. I am in Alberta Canada. I was hoping to get a credit card after a month or few to rack up enough money in my account to pay off credit card payments and still have money left. I do not have student loans nor do I have any other finances such as groceries or gas. But I do pay for my own essentials which is 50+ every few months when I run out. I am looking for a good credit card that is easy to build credit. It would also be good to hear elaborate information and advice about finances.

I am 17 turning 18 in a few months and I am planning on getting my first credit card right around when I turn 18 so I can start building a credit history. I just am not sure what would be the best first credit card for me to get. I don’t want a card that’s reward system is with airmiles as that is just not important to me. I’m just looking for a credit card with with decently low interest and just like a general all around rewards system. I know it won’t be anything crazy good but I’ll take what I can get. I would appreciate any recommendations thanks.

Hello, I’m currently in the middle of researching what my first credit card should be. To give some background I have never had one (not counting those prepaid ones you get from the store). I recently learned about credit scores/history and how you need those to qualify for loans like mortgages. So I figure now’s as good a time as any to start building my credit before it comes time to need a loan like that.

I read for your first card it’s best to get one with no annual/monthly fee as you would want to keep this one permanently for the sake of your credit history. I’ve read about credit card churning, not sure if I’d want to do that, but want to keep my options open.

From my research there seems to be a lot of things to consider before getting or even being eligible for certain CC’s. Things like annual/monthly fees, credit score/history, income requirements, job probationary period, cashback vs points rewards programs vs card perks (ex. Warranty protection), referrals, welcome/sign up bonuses, issuers not being accepted very often (ex. Amex), and so on. Though I’m not sure how relevant these are for what’s supposed to be your first basic card.

I’m currently working at a temp agency working temporary contracts. Normally I end up working full time, but it can be weeks between jobs so I’m not working consistently, or have consistent income, like you would at a direct hire job which I’m trying to get my hands on again. I’ve read some cards have income requirements and/or require you to be past a 3 month probationary period at your current job which concerns me since the contracts I’ve been working recently don’t last that long, unless I were to list the agency itself as my employer.

I’m also debating going back to school full time at some point in the future. Not sure if I would qualify for student cards anymore given my age. Also not sure in that case if summer jobs or coop placements could count towards proof of income. I’m on the fence about working part time alongside full time studies unless I really need to.

Moving to the US for work and I guess to live is also on my radar. I believe they have a somewhat different credit system there, so I’m not sure how my choices now could affect that. For that matter I’m not even sure in Canada if the province you live in is relevant when deciding on or qualifying for a CC. I'm in Ontario if that matters. Not sure how I feel about secured/preloaded cards which I've seen people recommending. Maybe I’m being cocky but it feels a bit juvenile to me, like you can't trust yourself with money.

Anyways sorry for the length. As you can see, got a lot on my mind, just hoping someone with more knowledge on this subject can drop some advice and suggestions given the above. Many thanks.

Hi!

I'm new to Canada and I'd love to get some thoughts on the best card out there for travel mainly?

I'm angling towards the Amex Cobalt with a global transfer but, perhaps a little left field and pivoting to the fee free Hilton Honours card in the US from Amex and then building up to Chase Sapphire Preferred.

But that doesn't strike me as very Canadian aha, so if there are better bank cards out there than I'm all ears :)

Thank you in advance!

For context, I am 18 years old, in high-school with plans to pursue a post-secondary in the coming years. I work part/full-time in food service w/ decent wages (20$/hr). I recently broke my phone (apologies for any formatting errors), and have enough to buy a new one in full already, but I want to start establishing a credit score.

The cards I have been considering are all travel rewards centred, as I fly almost monthly and my main priorities are travel rewards or cashback. I am struggling to find such a card that would be good for someone who is a student w/ a moderately low income for credit card standards that centre's around travel rewards, which is why I have no problem with cashback.

My other main criteria would hopefully be low or no foreign exchange because of the time I spend traveling. It's a big necessity for my situation.

I plan on keeping no balance on my card and only using it for purchases I am already able to afford. The majority of my spending goes towards airlines easily, but I spend maybe 200-400$ on groceries and restaurants. None of my money is spent on gas at the moment but I'll be getting a license in the future.

The phone I am purchasing will be around 1500$, so a credit limit of at least 2000$ is ideal for me, my travel purchases never exceed 1000$. Once again Im not completely sure of my credit score, I've never had a card before or any sort of debt as far as I'm concerned.

I am fine with a credit card with an annual fee of up to 200$ something dollars, and I would estimate my annual income at atleast $30,000(?).

Hopefully that's enough information for any suggestions to be made, again I'm sorry for any formatting errors, I am using a very old phone to type this! Any advice is welcome as I continue my research :-)

Hello all, I am turning 18 soon and looking for my first credit card. As a canadian student and RBC customer I am debating between: AMEX Green Card CIBC Aeroplan Visa Card RBC ION+ (with 0$ annual fee since I have student package) I spend around 200$/month on gas, 200$/month on dining out, 100$/month recurring payments and around an other 500$/month in other expenses. I plan on getting them all and spacing out applications in a year. In which order should I get these credit cards? Thank you! :)

What’s the best credit card deal for a 20 year old university student in Canada? Plan is to regularly zero the outstanding balance, so the card is for payment convenience, not to incur debt for anything longer than a billing cycle. Don’t use frequent flyer miles, so was thinking of a cash dividend card? Any recommendations? Is dividend card the way to go? OK paying an annual fee if the benefits make it worth the fee.

What is the best card for someone who is 18 y/o, in University, and with no prior history with credit cards? I spend little in total (about $50/mo). This would naturally mean I desire a no-fee card and cash-back rewards. I currently have a bank account at Scotiabank and in the bank's app I am given a credit score of 639.

After some digging on primarily Ratehub, creditcardGenius and Greedyrates, I found a few credit cards. The main one is the National Bank mycredit Mastercard. I don't know if I'm able to take a credit card from another institution.

I also don't have any income currently.

This is my first time looking for a credit card. Any help would be highly appreciated.

Currently, I am a customer of CIBC and TD. I am 20 and am looking to apply for a credit card. If I plan to, say, lease a car and rent a place within the next 3-10 years, is now the best time to apply, or is it too late? I looked at AMEX (this is American however), BMO, RBC, and CIBC and TD Aeroplan. Should I stick with what I have, or open a new account for applying? Should I also open an online bank like Simplii?

I recently turned 18 and want to start building my credit, what are good beginner cards?

I am a long time customer at RBC since I started my student banking account and CC with them. I am now working and still with RBC and currently have the RBC Avion Visa Infinite. I would like to switch since I noticed that the points I got are not as good as I expected.

My income when I first started working was pretty low but now it’s slowly rising. According to my offer letter, my income now is around CAD 80k. I feel like this is important as I am a single income earner and CC have a minimum annual salary to apply.

My spending is as follows: -No Frills weekly -local farmer’s market biweekly -Shoppers biweekly-1 month, I restock medicine and skin care from Shoppers -Eating out from local restaurants -Independent coffee shops near my office building -Merch from other countries, mainly USA. I collect merchandise from independent artists. Majority accept Visa and PayPal. -Travel and hotel at least twice a year. My family lives abroad and I like to do a solo trip within Canada. I am now applying for travel visa to travel solo abroad -I don’t spend on gas and big grocery stores, eg Costco, superstore as I don’t have a car -My phone provider is Freedom and my internet is Oxio. I am switching my internet provider to Telus as I have a discount from my employer

My priority is ensuring that I can use my points for the purchases I did. I have never had a cashback card before. I am ok with either collecting points or getting a cashback.

My coworker told me to switch to Amex Cobalt. Issue is that I found that No Frills do not accept Amex? I also buy a lot from small artists and businesses (again, a collector) so I don’t know if they accept Amex.

Thank you so much in advance for your help!

I know there are plenty of posts regarding my situation, but I'm still so stuck since ive seen so many mixed answers.

Status:

• WS cash account

• Spending: 1-2k monthly (I don't pay rent)

• TFSA maxed

• Student (college)

• 2 Jobs

• Yes I am the age of majority in my province

I'm still debating on what I should do about my credit card situation. I bank with RBC, which people don't seem to upvote here.

I'm honestly just trying to get a credit card that will fit me.

I would love the cobalt in the future, but it's simply not possible since I don't have previous credit history. That's another year's problem.

What has been recommended to me:

• RBC ION+ Visa ($48 annual)

• RBC ION Visa ($0 annual)

Should I stick with RBC & the recommended cards above?

Edit: For anyone wondering, I went with the ion+ visa. The annual fee was waived because I was classified as a "student".

I will be starting my career soon, and will be living at home before moving out next year. My goal is to save as much money as possible to build a lump sum for investing. I will be spending a maximum of 500$ a month with the majority of expenses on food and gas, what credit card makes the most sense for me?

I (22) recently got declined a cash back card from tangerine because of 'low credit score' even though I have never had a credit card before. I was a student the past few years so my income has only been around $10 000 per year. I just graduated, now I am expecting a bit over $20 000 this year. I am completely new to credit cards, I simply want to build my credit, I do not 'need' a credit card otherwise. I am looking to put some of my recurring payments and some purchases (mostly restaurants or groceries or online purchases I'm thinking) of maybe 200-300 dollars per month to increase my credit. What are my best options (that will accept me)? Thank you :)

Edit: Thanks, everyone!!! Very much appreciated!!!

Hi,

I'm 20 and canadian and I am getting a credit card for the first time.

I checked with creditkarma and I have a credit score of 680 "fair" and I have student loans on record to be paid as I'm still studying.

I also wanted to start a business and after calculations, I need the ability to safely pull $2500-3500 a month if needed (super safe zone) while $2000-3000 is also fine.

I'm also looking for a credit card that is low interest, does anyone have any advice on what credit card would be good for me? Also what is cash back and how does it work? I'm lost in the sea of cards (too many options).

I've been looking at credits cards and I was wondering which one would best suit my needs. For context I'm a student with a 28k salary. Monthly spending is 100-200.

I was looking at the BMO Support our Troops MasterCard and the Tangerine Cashback MasterCard, are there any other credit cards I should consider?

Thanks in advance

I am looking to get my first credit card, but it's a little (very) embarrassing because I'm already 23.

I virtually know nothing about personal banking so this is all extremely intimidating to me. I realize this is something I should've addressed much earlier in life but fear and anxiety when it comes to this stuff held me back so I guess this is me taking my first step and actually doing something somewhat financially responsible lol. I think I give myself enough harsh judgement, just looking for some advice, tips, steps, what's a good credit card, etc.

I've already finished post-secondary schooling so I can't get a student credit card. Gross annual income is about $61k - full-time permanent job. I'm with TD and have a TD Unlimited Chequing account and it's the only card I've ever had and used since about 2018. I use it for all my purchases, paycheques, phone bills, anything and everything.

Thanks in advance, all advice, especially step by step tips are appreciated :).

Hey everyone, first time posting so not sure what to really say, I'm currently with CIBC and want to know what would be my best choice for one of their credit cards or should I just wait and see if they offer one? Currently working full time and am 21 years old. just trying to get another source of input, thanks all.

I am planning on purchasing some big ticket items (around 8k), and looking to maximize the points I can make. Which card would be the best for that?

My monthly expenses are roughly 1500 (800 groceries and eating out, 100 for a phone plan, and the rest in misc purchases).