<p>I just turned 18 and have around 700 dollars cash, I want to buy a credit card to be organized and have perfect credit, what is a good company to open an account with? I've always liked bank of america.</p>
<p>you don't buy a credit card.</p>
<p>look up how to manage a credit card before you do anything else.</p>
<p>Well first, you don' buy a credit card. Before you get one I would highly recommend learning about them.</p>
<p>the buying part was a typo</p>
<p>i think i get what you mean - you want to give your 700 dollars to the bank for a credit card, right? i think that makes it a charge card, but i really don't know.</p>
<p>^ is right. It's a charge card.</p>
<p>You're better off getting a credit card. Bank of America, Chase, etc. allow for student credit cards with no co-signer. Limit of 500 usually. Pay two months full and ask them to bump it up and so forth.</p>
<p>Pay on time, always. *THE FULL AMOUNT TOO! *</p>
<p>If you want to buy one, I'll sell you mine... then use the 700 to pay down my balance. :-P</p>
<p>i only have a debit card....</p>
<p>wellls fargo has no monthly or yearly fees for student credit cards...</p>
<p>You can get a prepaid card or a check card, both of which will involve you charging against money you've already given the bank. You will probably also be able to get an actual credit card -- usually there are reps with offers looking for people at the start of the fall semester.</p>
<p>Just keep in mind that to a large extent students get these cards because banks are cynical. Some of those students are going to charge more than they can pay off immediately, and they're going to make a lot of money via interest. If you trust yourself to keep that $700 set aside for paying your bills, not charge more than you can afford to pay off that month, and pay everything every month, a credit card might be a good opportunity for you. If, on the other hand, you are going to be tempted to buy something really cool this month even though you can't pay for it until next month, you may want to stick with a prepaid card or a check card.</p>
<p>As Sheed30 points out, you can benefit from the fact that other students use their cards unwisely: they'll offer you deals that really don't benefit them much if you're paying the card off every month because others use the cards in ways that mean they're making a lot of money from college students as a group.</p>