I've recently made the decision to start building my credit history after, for the first time in my life, I checked my credit score. (Finding a new apartment soon.) It was 706--a mere 15 points away from the next bracket, lower interest rates, etc.
The main reason I was given for the score not being higher is my lack of a credit history. I've never felt the need to use money I don't have and didn't want to get trapped in the dreaded credit debt, no matter how responsible I am with my finances--which I am.
Ok, my question: what should I be looking for in a card? What is considered a good interest rate? Should I expect interest or fees if I pay it in full every month? Is there anything I should consider that people don't normally think of before venturing out for their first time?
Also, I've heard some cards offer frequent flier miles. Has anyone had experience with this? Was it worth it? I figured I could use it to travel for work.


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