credit is necessary if you have plans to ever get anything with a loan, such as a car or house or, as you say, entrepreneurial purposes. people won't give you

credit is necessary if you have plans to ever get anything with a loan, such as a car or house or, as you say, entrepreneurial purposes. people won't give you money if you don't have a history of being responsible enough to pay it off. its also good to have a line of credit for emergencies. get a card, use it to buy small things on occasion, and pay it off in full every month. edit: oh, also, i bank with bank of america and hsbc. hsbc for the high yield online savings and payment accounts, bank of america for the size, checking, and potential perks coming from establishing a long line of credit with a big bank