Without a doubt, if you have your first credit card, it can be exciting, tempting and intimidating. You can get a lot of benefits with every expense you make. In addition, it opens the window to various other financial offers. But beware, credit cards can become the proverbial double-edged sword. Not only will it protect you, but it can also harm you if not used wisely. Credit cards can be a huge boon when you`re in a tough financial phase. Not only will it give you the breath you so desperately need, but it will also give you the opportunity to get back on your feet without having to rely on someone else. * Terms and conditions apply. Credit card approvals are at the sole discretion of HDFC Bank Ltd To ensure you get the most out of your first credit card, here are some rules you should follow before starting the process of owning a card: .