If you can not tell yourself no, do not get a credit card. The reason for this is if you have no impulse control, then you would just max out your card in a matter of days, and have little or nothing to show for it. As for payback, estimate a minimum of 3% to pay back (minimum $25). This means if you racked up a $1,000 bill – then expect to pay $30/month until that 3% rate drops below $25, then pay $25 per month. It is easy to let a credit card get out of control. This is definitely something to not take lightly. If you choose that a credit card is in your best interest – do not go for Credit One (as opposed to Capital One). This card is designed to attract people with poor credit, and then make their life miserable with fees on top of fees. You are better off to get a secured card.
What I Do
I have 3 credit cards, but I am able to tell myself no. One card is used to handle my bills. This means that none of my bills have direct access to my checking account. If there is a discrepancy, I can address it with the company, and then the credit card issuer. The second card is used to address any purchases that I may have. For example, back in February of 2022 – I spent about $100 on a razor. That $100 was charged on my card, and shipped to me. I pay all of my cards every month with my checking account – therefore I am not paying interest. My preferred card is from Capital One. The second and third cards are both Chase cards. I do make purchases on this card to keep it active, but if I needed to replace my phone or computer, this card will likely be the one that is used.