Despite the advice that you get that sees no fault in getting a credit card to build your credit history, at 18, I do not believe this is a good idea for you.

If you want a credit card, get a secured card. This is a card whose limit is secured by an amount of money that you deposit into a savings account with the credit issuer. After 6 months or so, you can ask for the card to be converted to a regular card that does not have the requirement for a deposit to be made in order to grant a balance limit.

There is more to learn at 18 than how to build a credit rating - getting and keeping a good job, furthering your education, picking good friends, balancing personal and professional needs, learning to drive safely, etc. You get the idea.

When you see yourself two years from buying your first home, then start working on your credit.

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The Student Financial Times

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I agree completely. A credit rating is not important at this time. Most college students end up with horror stories when getting cards in school. Learning good money management, is very important before taking on debt.

I suggest he read Financial Peace by Dave Ramsey, to understand personal finance before he makes any big financial decissions.

here in the philippines you cant have a credit card if you are not employed or dont have any business.. its ok for students or non employed to have a credit card as long as he has a supplementary or someone that will apply for him.

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hmm if you have cash opt debit card instead of credit one

ya it is necessary for you because you have a car and its maintaince , its repair , in these requirements credit card is very helpful to you.

If you decide to go and get a credit card, make sure that you use it for building your credit only and do not keep unpaid balance on it at the end of the month. Credit card debt is expensive and there are better/cheaper ways to borrow if you need a loan. Credit cards on the other hand are very convenient for all different kinds of payments and you will need one if you want to rent a car, book a flight or a hotel.

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Never spend your money before you have it. -- Thomas Jefferson

Credit cards in college should only be used for building credit. I had a 200.00 credit limit when I was in college, and never had more than 50.00 in debt. Built my credit nicely.

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New graduate with an emphasis in debt counseling.