We have many credit cards these days, which offer great offers and benefits when you transact using them across stores. Some cards are offered for free to its customers, which means the cards are available at a nil joining or annual fee. Since these credit cards come with a nil joining fee so, you don’t require any additional cost to avail the regular benefits that a credit card offers. On the other hand, there are other credit cards on which you need to pay a hefty amount to your credit card issuer to maintain your credit card. So, if you are planning to own a first credit card, it would be a great idea to apply for credit card which has no annual or joining fee to keep yourself free from any financial stress or burden.
It is effortless to maintain a credit card that has no annual or joining fee than a card which comes with some joining fee. You do not need to close your card if you are not using it even as your card is costing nothing to you whether you use it or not frequently. Closing your old credit card might also negatively affects your credit score as well, which makes it a bit harder for you to apply for loans and credit cards in the future. Credit cards that have no maintenance or joining charges are best suited for those who are planning to opt for their first credit card so that they can build their credit score in a hassle-free manner. So, it's a better choice to choose a credit card like HSBC or Citibank credit cards which has zero joining charges.