Quote:
Originally Posted by Tishabet
Check the card terms out with your parents. As long as you're not paying some insane fee just to have the card, get it (with the 15k limit) and then cut it up. Don't use it. Your credit is calculated partially on how much you owe vs your total potential lines of credit... at your age (if you're disciplined enough to not use the card) this could be a very positive thing.
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You actually will probably want to use the card -- at least a few times a year. If you just have a card and don't use it, there is a chance the company could close the account. My brother recently had this happen with a card which he hadn't used for some time. (He called them and they re-instated the card, which he now uses occasionally to be sure they don't try to close the account again.)