Get A Credit Card Now

I received an offer for a Capital One credit card. He told me I was pre-approved ... blah blah blah. I wanted to continue to build my credit, but I also need urgently to save in case I ever have to leave the state for a family emergency. It does not mention the credit limit, but I asked anyway and has been approved. Today, I got in the mail and it only has a limit of $ 300 credit will do me no good whatsoever. I have to activate the card before I can use it. I do not now if I can simply not activate? Can I tell them I do not want? And most importantly .... Does lowering, hurt my credit now?

Do not do it! As published in an earlier answer, I'd do it for me. I have never used, but they kept adding finance charges and late fees for a card I never asked. cut it and do not apply

Depends. If you must pay an annual fee, then tell them that you do not want. If no annual fee and then keep it. My economics professor told me that it is appropriate to apply a credit card as possible, since you never know when you need extra cash in case of emergency, etc. Of course, as I I said, keep only those who have not annual fees.

If you want to build your credit, then taking the card is probably a good idea if you are responsible.
I have a bunch of credit cards and I use them all the time, the only thing is that I always try not to have an outstanding balance to earn interest and / or late fees for the card company credit.
By using the card with a limit of $ 300 and do not pay late and pay the balance each billing cycle you end up with your limit increase.
Get a gas credit card too, just use it for gas and the management of your money to pay every month.
If you do not want to activate the card, simply call the 1-800 number on the card customer service, and they'll cancel the account without hassle.

The Capital One card, I have no annual fee. Call them and ask wave to request a limit increase spending. Get a $ 1000 should cover a family emergency. You can build using credit card and payment of the balance each month.

Please go ahead and know that you do not need the card and you want to cancel. However, if it does not come with an annual subscription, you can keep the card because it helps maintain your credit. His course of your personal choice to keep or return the card.

As far as credit score is concerned, it will not take any drastic dip. A minor change might happen. Tell the company I'm sure they will tell you the way out.