Credit cards aren’t just for emergencies and impulse buys anymore, as more people are using them to make daily purchases, pay monthly bills, and to save money through perks like cash back or special financing offers. In fact, 41% of Americans use their credit card to pay everyday expenses like gas, groceries, and health care. With so many consumers making regular purchases on their credit cards, what’s the minimum salary you need to earn in order to be approved for a new credit card? Here’s the average minimum credit card salary required in 24 different countries around the world.

Minimum Salary
It’s tough to say. Though many banks charge an annual fee for their credit cards, you could get some of that money back by using a no-fee rewards card or cash-back rewards card. So, as long as you won’t mind paying a few bucks for an annual fee, there aren’t too many situations where you should be selecting a fee-based credit card over a fee-free one.

Interesting Facts About Credit Cards
According to 2015 data from Javelin Strategy & Research, there are more than 4.5 billion payment cards in circulation worldwide with a balance of $3.7 trillion. The US is by far the largest credit card market, with 2.4 billion payment cards for a total of $2 trillion as of 2015. However, it also has one of highest interest rates – an average annual percentage rate (APR) of 16% compared to just 9% globally.

Why Should I Open a Credit Card?
Opening a new credit card doesn’t sound like it would earn you any additional income, but depending on what kind of plastic you open and how you use it, that might not be true. The best way to think about credit cards is as a form of supplemental income—and if used wisely, you can maximize that supplemental income. Of course, not all cards are created equal; some will give you more cash back (and thus more income) than others.

Will My Credit Card Affect My Credit Score?
As much as we’d like to tell you there’s a simple formula for determining if paying with plastic will negatively impact your FICO score, there isn’t. The same goes for whether a particular action will boost or ding it. It all depends on how every of the three main credit bureaus—Equifax, Experian and TransUnion—collects and interprets data about you. You might have a dozen different accounts reported by each bureau, but they might not be tracking all of them equally. Some may be given more weight than others when calculating your overall score. Your payment history makes up 35 percent of your total score; current debt levels are 15%; length of credit memoir is 15%; new credit investigation 10%; and types of credit used 10 percent. So what does that mean for using plastic?

Are There Any Fees?
Credit cards don’t come with any fees, which makes them so appealing and enticing for people of all ages. Even if you are under 21 years old, you can still apply for a credit card. However, when it comes to cash advances or getting money from an ATM, there will be fees. To avoid paying extra cash for what should be free services, call up your credit card company and make sure that they offer other ways of getting cash without incurring these hidden charges.

How Do I Get One?
To get a credit card, you need to prove that you are responsible enough to be trusted with one. In order to do so, most banks require applicants to be at least 18 years old and have an income. To start earning an income when you’re still in school, there are several ways you can go about it

Where Can I Use My Credit Card?
Where you can use your credit card depends on where you live and how you pay for things. In most countries, it’s pretty much universally accepted, but there are some differences. For example, Discover isn’t accepted in Japan (although American Express is), and MasterCard isn’t accepted on Tijuana buses. As a general rule of thumb, if Visa or MasterCard are accepted anywhere, then you can count on Discover being universally accepted as well.