It can be used to buy things and pay for them over time.
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The best options for obtaining a credit card with no credit history are secured credit cards, student credit cards, and becoming an authorized user on someone else's credit card.
The best credit card to have is dependent on what one is looking for in a credit card. If one is looking for a card that offers cash back rewards, then the Chase Visa is the best card to have. If one is looking for a low interest card, then the Citi Simplicity card is the best to have.
The best credit card of 2013 is the one that gives you the rewards you need. The best cash back credit card is the Blue Cash everyday by American Express.
Bank of America offers the best interest rate for a business credit card. You can Compare Credit Card Offers at CreditCards.com
Capital One seems to give the best credit card for people with good credit scores. The next best would be discover.