Information on Credit Cards, what do I need to know?

There should not be a minimum payment of more than $0.00, if you didn't spend anything yet. Of course, if you have a card with an annual fee, that would be your first expense, and that would show up in the minimum payment field. Find a card without an annual fee, a low interest rate, and a rebate program you like (like in $$ back, frequent flyer miles, free merchandise). The ideal is to pay off the amount you owe each month. The minimum payment is a certain percentage of that. That's the amount you definitely have to pay in order to remain in good status with them. If you don't pay that, you incur a late fee, too. Do you research. You'd be surprised how many good options are out there.

You should never accept a credit card that charges you a lot of fees upfront. Some cards will give you a low spending limit and then take most of it in fees so you have to pay that off before you can really use the card. Also, don't use a credit card unless you can pay it in full each month. If you only make the minimum payment you will never get the card paid off and why would you want to give this company a percentage of your income just for the priviledge of carrying around their card? Even if your plan is to not spend a dime while making the minimum payments, life often doesn't work like that and you end up spending, which is what the credit card companies count on.