Back to learn
When should you get your first credit card?
Rounding it up
The best time to get a credit card is when you feel confident that you can manage the financial risks of having credit.
Once you’re ready to apply for a card, ensure you meet the eligibility requirements.
Opening a credit card is just the first step. Staying on top of your monthly payments is a must if you want to maintain your good financial standing.
If your first credit card application gets rejected, there are steps you can take to improve your chances for success the next time around.
Gaby Pilson
Gaby Pilson is a writer, educator, travel guide, and lover of all things personal finance. She’s passionate about helping people feel empowered to take control of their financial lives by making investing, budgeting, and money-saving resources accessible to everyone.
Related articles
Can international students get a credit card in Canada?
7 mins
Ally StreelmanKick off your life as a collegiate in Canada by learning if and how you can land a credit card as an international student.
Can international students get a credit card in Canada?
7 mins
Ally Streelman
Kick off your life as a collegiate in Canada by learning if and how you can land a credit card as an international student.
#credit card
#credit
#international student
#student
Can a non-resident get a credit card in Canada?
5 mins
Dan BuchererNon-residents and newcomers can get a credit card in Canada. Make sure you know that’s what you want before signing the dotted line!
Can a non-resident get a credit card in Canada?
5 mins
Dan Bucherer
Non-residents and newcomers can get a credit card in Canada. Make sure you know that’s what you want before signing the dotted line!
#credit
#credit card
#newcomer
#immigration
What credit score do new Canadians start with?
8 mins
Jennifer WekslerMoving to Canada? Here are a few easy tips to help you establish and build credit from scratch.
What credit score do new Canadians start with?
8 mins
Jennifer Weksler
Moving to Canada? Here are a few easy tips to help you establish and build credit from scratch.
#newcomer
#credit
#credit history
#immigration
What should new Canadian residents look for in a credit card?
5 mins
Ryan SeveranceFinding the right credit card for you is never easy. Here’s what you should look for when signing up for your first Canadian credit card.
What should new Canadian residents look for in a credit card?
5 mins
Ryan Severance
Finding the right credit card for you is never easy. Here’s what you should look for when signing up for your first Canadian credit card.
#newcomer
#credit
#credit card
#immigration
Does your credit score matter for Canadian immigration?
6 mins
Ryan SeveranceCredit scores and the Canadian immigration process—what’s the deal? Read up on Canadian credit before making the move to the Great North.
Does your credit score matter for Canadian immigration?
6 mins
Ryan Severance
Credit scores and the Canadian immigration process—what’s the deal? Read up on Canadian credit before making the move to the Great North.
#newcomer
#credit
#credit score
#immigration
Should new Canadian residents get a debit or credit card?
9 mins
Gaby PilsonCredit and debit cards are powerful tools for new Canadian residents. Read on to find out which option is best for you.
Should new Canadian residents get a debit or credit card?
9 mins
Gaby Pilson
Credit and debit cards are powerful tools for new Canadian residents. Read on to find out which option is best for you.
#credit
#credit cards
#debit
#newcomer