Credit cards build credit score an excellent way to build your credit score. The best part is that you don’t have to wait to start building your credit.

Do credit cards really build credit?

There are four categories of credit cards, and each is designed to help you achieve your financial goals. You can find cards that are a good fit for your budget and lifestyle, as well as some that are specifically for consumers with less-than-perfect credit.

If you want to use credit cards to improve your credit score, consider these tips:

Keep your balances low. A high balance can quickly grow into a mountain of debt. It’s also a good idea to pay your bill off in full each month.

Be sure to read the fine print. Some credit card issuers will try to take advantage of you by charging you for items such as foreign transaction fees or penalties on purchases.

Select a card with useful features such as travel protection. This can include airline lounge access and cellphone protection.

Pay your bills on time to avoid interest charges. This may seem like common sense, but missing payments can really hurt your credit score. Keeping your balance under 30% of your credit limit can help your credit score in the long run.

Using your card wisely is one of the fastest ways to build your credit. You should keep your card in mind when shopping for groceries, gas, or other essentials. And don’t forget to keep a close eye on your statement to stay on track.