Blog by Sumana Harihareswara, Changeset founder
Credit Card Tips
Hi, reader. I wrote this in 2006 and it's now more than five years old. So it may be very out of date; the world, and I, have changed a lot since I wrote it! I'm keeping this up for historical archive purposes, but the me of today may 100% disagree with what I said then. I rarely edit posts after publishing them, but if I do, I usually leave a note in italics to mark the edit and the reason. If this post is particularly offensive or breaches someone's privacy, please contact me.
It's very useful to have a credit card; a credit card is convenient, especially in emergencies, and helps build a good credit rating if you use it responsibly and live within your means. CNN Money has identified the best credit cards for each type of credit card user; for example, a student just starting out with credit might want the Sovereign Preferred Student Visa, since low interest rates, fees and penalties matter to them more than reward points.