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I do not have a credit history in the US. How can I get a credit card?

I have a car lease but that doesn't show on my credit report. I have 6 months living in the US

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  Answers  |  1

July 30, 2018

A nice way to start your credit is to apply for a secured credit card. You basically make a deposit of your own money. In the beginning the credit card company will only let you borrow your own money, but after a period of time as you show that you consistently pay on time, they will increase your limit and you establish credit on your credit file.
As with all credit cards, this is a great time to get in the habit of paying it off in full every month. If you treat it like if you were paying with cash, and pay it off every month, you will not get caught in the high interest trap so many Americans fall into. After a while you will begin to receive offers from other unsecured credit cards. You may look for one that offers rewards. Again, as long as you stay disciplined and keep on paying it off, it is a great way to both build your credit and get some additional benefits (watch our for the annual fees)

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