💳 Credit Cards for BEGINNERS | vs Debit Card, Pros & Cons, How to Apply | Credit Cards 101

Let's talk about Credit Cards! A lot of people are scared of using credit cards even though they're super useful tools. I'm making a Credit Card 101 series to explain how credit cards work. For this video, let's start with the BASICS. First, we'll talk about what credit cards are and how they differ from debit cards and prepaid cards. Then, we'll talk about the types of cards, some basic credit card terms, and the pros and cons of getting one. If you decide that you want to get a credit card, we'll also talk about the application requirements and how to choose and apply for one.

Hopefully, this video levels up your finance powers to give you a better understanding of how to use Credit Cards properly! Wag matakot sa utang. Credit cards are fun and beneficial as long as you learn how to use them properly and responsibly 😄✨💳

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✅WHAT TO WATCH NEXT

🚀Subcount: 382,502

🕰TIMESTAMPS:
00:00 Intro & Overview
00:51 What is a Credit Card (vs. Debit & Prepaid Cards)
02:00 Types of Credit Cards (Basic, Mid-Tier, Premium, Elite)
04:14 Basic Credit Card Terms (Issuer, Networks, Statement, Transaction Types, etc.)
06:58 Credit Card Fees
07:45 Should you get a Credit Card? (Pros & Cons)
11:56 How to get a Credit Card - Where & How to Apply
12:52 How to get a Credit Card - How to Choose a Card + Tips
13:52 Reward-to-Spend Ratio: How to evaluate reward system of card

Send this video to your homies so you guys can benefit from managing your finances together! SUBSCRIBE for more videos like this! I post one video a week and I talk about personal finance, self-development, or anything I learn or experience throughout my life as a 21-year-old.

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🤝 Where to reach me

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💳 Credit Cards for BEGINNERS | vs Debit Card, Pros & Cons, How to Apply | Credit Cards 101
credit cards 101 / credit cards Philippines / credit cards for beginners & students Philippines / how do credit cards work for beginners / how to use credit card / how to apply for credit card / secured credit cards / credit card vs debit card vs prepaid card / paano gumamit ng credit card

[NicoleAlbaYT]

I know a lot of people are scared of credit cards, but I personally think everyone should have one because it's a super useful money tool! I got my first credit card almost two years ago and I think I've learned enough to make a video explaining how it works 💳

Hopefully this video levels up your finance brain powers and helps you guys understand credit cards better! I'll make more credit card videos pa so feel free to comment other questions you have 😄✨🍞


💳 Apply for Citibank Credit Cards

[gerardovasquezjr.]

I like this video a lot. It's like Finance 101 class. Keep it up Nicole!

[blouecore]

im happy I see your yt since im so interested about money or financials, I love the way you explain it well. thank youuu♥️

[isebalee]

I got a pre-approved cc from BDO with a six digit limit last year. I was 21 then and still a student (til now). Bc of that, I learned how to use it responsibly. It actually made my finance system more organized and I became more disciplined, contrary to the preconceived notions. I always pay in full before the due date. Good thing also, I got the No Annual Fee For Life 💖 Kaya wag matakot sa cc, you can use it to your advantage!

[hyzerotaro]

Great video, learned a lot about the CC card from your vid, keep it up girl !!

[earlcosajise]

I'm actually paying attention in every word that you are saying u r so gwapo (cool) when you speak and I can literally like literally understand every word that comes out of your mouth. thanks for the tips!

[review]

Just want to thank you for your vids. These are quite helpful especially where you have to face growing up na. Sheesh. Keep posting videos like this. Looking forward for more

[michellewingsantsang]

exactly what I needed! thank you so muchhh, Nicole!

[vipjacq]

When I resigned from my previous work where we used BPI for payroll, I continued using my BPI debit card as a savings account. Around 2 years later, BPI offered me BPI Gold because of my stable and continuous transactions in my payroll/savings account. And that is me not owning any credit card before even a secured credit card.

[rainsarchive]

Great video. I got Platinum Master Card from Union Bank. My only advise when you have a Credit card is “Spend it wisely”

[classinick]

Very detailed, direct, complete information. Good video!

[maelyenkayebanzon]

ate!!! not content-related but thanks to you, I got conscious of my cash flow and I was able to open my personal savings account. started with 75 centavos for Gsave cos that was the only money I had on my Gcash back then. now, I have 3 savings accounts. more learnings from you and more power on your channel. ily

[itsmePapaLeids]

Thank you for this comprehensive video! Great help! 😊

[azshloreshadows]

I hope you make more of this! This is so helpy

[keana]

I like how you explain everything. Madami akong natutunan sa video na to. Glad napunta ako sa channel mo. Sa dinami dami ng pinanood ko. Ito lamg nakasagot sa tanong ko. Thank you so much. Keep it up!

[filipinoinvestors]

Thank you for your tips Nicole. I love your videos. :) Because of your videos, I started using credit cards. After 2 years of using it, I decided to apply for a credit score report last February 2022. I got a score of 800 which is low risk. I feel more confident that I am on the right financial journey, especially with the banks and other lending institutions. Thank you for inspiring me with your videos. :)

[Bangtan]

thank you ate nicole! this has been a very informative video.

[abdullaa]

Just what I am looking into right now. Thanks!

[kimmyestrada]

Hi Nicole, I dont know if its just me but listening to you speak in english feels like listening to a full tagalog video. IDK you speak so good!!!

[misskeeshiaaa]

Just a video that I needed. Been contemplating about getting a CC.