Chargeback Forum - View Single Post - What age did you get your first credit card?

aimz · 04-01-2007

I was 20 years old when I first got my credit card. I started out at a low credit limit and kept this for a number of years so that temptation would not get in my way. I have learnt to always pay my outstanding amount within the free interest days and then you dont get into trouble. Over here in Australia you can not get a credit card in your name under 18 years of age. You can have a second card that is in your parents name. Your parents have the actual credit and they have given you permission to be a second card holder. But I wouldnt let my 14 year old do this any way it is to young.

04-01-2007	#11 (permalink)
aimz Junior Member Join Date: Apr 2007 Posts: 10 Rep Power: 0	I was 20 years old when I first got my credit card. I started out at a low credit limit and kept this for a number of years so that temptation would not get in my way. I have learnt to always pay my outstanding amount within the free interest days and then you dont get into trouble. Over here in Australia you can not get a credit card in your name under 18 years of age. You can have a second card that is in your parents name. Your parents have the actual credit and they have given you permission to be a second card holder. But I wouldnt let my 14 year old do this any way it is to young.