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Hi MoodyAllen!

Welcome aboard! You're sure to get lots of answers to your questions, and I'll toss in a few also. :)

I wouldn't be concerned about companies pulling the grace period out from under you. I always pay my cards in full every month and never had a problem as far as that goes.

You can use your credit card today for most bills, and as long as you are truly paying them in full each and every monthy, then you're using their money for about a month and using the card as a tool.

I agree that perks are very worthwhile. However, you want to be sure that the card you're getting has no annual fee attached. Many frequent flier programs do charge an annual fee, so you need to watch for that. Also, you've got to charge a tremendous amount to get free trips. At $1 per mile charged, it takes a lot to get a trip that takes 20,000 to 25,000 miles built up.

Whether you'll be approved for any card depends on your credit history. If you've been paying school loans, or had a card with a good payment history in the past for example, the odds seem very favorable to you. You can see what's currently available at

But most importantly, the key here is to never get in over your head. Don't get caught up by temptation or feel that a grace period will allow you to buy now and worry about it later. Discipline is very important when using the cards.

Good luck!

...but I still am...

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