Getting a Credit Card for yourself is a financial milestone. It is a symbol of your financial independence. If you use it wisely, it can teach you how to develop good credit habits and manage your finances easily. Here are some common mistakes you need to avoid. Read the terms and conditions that come with the card and be aware that you may not regret it later what you are signing up for. When you are comparing the offers, pay close attention to the annual percentage rate offered on card because interest rates vary widely among different lenders. It may be best for you to look a basic card with no annual fee that will build a good credit history for you as you might find that you won’t use all the benefits of a premium credit card. You will be charged much higher interest rate if you do not make the minimum payment on time. If you repeatedly pay your bills late, it will hit your credit score. The best way to use a credit card is to pay the entire bill every month to avoid interest charges or in case try and pay off as much as possible. Now you must be aware of all the credit card mistakes you need to avoid and to find your best plastic mate.