SmartMoney Monday: Opening your first credit card

In this SmartMoney Monday, we're going to learn what you need to know before you open your very first credit card. Catherine Sato, from Bank of Hawaii, gives some important tips for first-time credit card holders. A credit card is a lot more than a piece of plastic in your wallet. A credit card is a short-term loan from a financial institution that can come with a variety of benefits but also a lot of responsibility.

SmartMoney Monday: Opening your first credit card