Credit cards give you borrowing power and help you build your credit. Your credit limit contributes to the amount of borrowing power you have. If you have many credit cards with big credit limits, that means you have a lot of borrowing power. This makes your profile more attractive to lenders because of your increased ability to pay back your loans. Credit cards also report your repayment history on a regular basis to the three major credit bureaus (Experian, Equifax, and TransUnion). If you use your cards wisely, lenders will see that you are trustworthy and who makes your payments. Consequently, a person who is responsible and has other means to repay loans is a low-risk applicant and has a much better chance to qualify for a loan than someone with no history and no credit line.

How do I apply for a credit card?
Why should I have a credit card?
How long does it take to get a credit card application decision?
Can I apply for more than one credit card?
Do I need to have an existing bank account with the bank I want to apply for a credit card with?
What is an introductory (or intro) APR?
I have bad credit - Can I still get a credit card and which one can I apply for?
What is a balance transfer and/or balance transfer rate?
What is a balance transfer fee?
What is a fixed APR credit card?
What is an instant approval or instant decision credit card?
What is a rewards credit card?
What is a cash back credit card?
I am a student - Which credit cards can I apply for?
What is a prepaid card?