The annual fees and interest rates charged by some financial institutions are much higher than others are. Many cards offer premiums or awards linked to the amount you spend using the card. Once you establish a credit history or if you have significant assets, you should be able to obtain a card with a lower interest rate and little or no annual fee. Credit cards are convenient, but unless you are careful you may be shocked when you get your monthly bill. Keep all your receipts to keep track of what you spend.
Debit cards are a better solution for students who have trouble managing their debt.
They are as convenient as credit cards but do not allow you to spend more than you have.