"Not free money": What students should know before getting their first credit card.

This article from MoneySense provides advice for students who are considering getting their first credit card. The author emphasizes the importance of choosing a card with low annual fees and interest rates, as well as considering the rewards offered. It is recommended that students pay their full balance each month to avoid carrying a balance and accumulating interest. The article also highlights the importance of building good credit habits and suggests starting with a low credit limit. Additionally, the author suggests that students opt for a simple cash-back card rather than a rewards card if they are struggling financially. Finally, the article advises students to review their credit card statements regularly to detect any fraudulent activity or errors. [Extracted from the article]