Question

You are looking for your first credit card. You plan to use this credit card only for emergencies and to pay the credit card balance in full each month. Which credit card feature is most important?
a.
No annual fee
b.
Low APR
c.
Generous rewards program
d.
No balance transfer fee

Answer 1

a. No annual fee

If you’ll only use the card for emergencies and pay the balance in full each month, interest (APR) is irrelevant and balance‑transfer fees won’t matter. An annual fee would be a recurring cost for a card you rarely use, so choosing one with no annual fee is most important.