A credit card plays a vital role in today's society. It has wide-ranging benefits that even students should take advantage of. One major reason is that students need credit card to keep up with their education. So to learn more about student credit cards, check out these tips and tricks. There's a wide array of student credit card offers available to help college students improve, increase, or start building credit.
Student Credit Cards: Your Companion In Your Studies
A recent study conducted by the
Unlike in the past years, this study has proven that college students are now more aware about their responsibilities as credit card holders and this is shown by the fact that most college students pay off their monthly balances in full. Overall, the average balance in a college student’s account is $552 which is just one third of the average balances of the general population.
Read More on Student Credit Cards: Your Companion In Your Studies
Tips for the First Time Credit Users
College students are a huge market for credit card companies. Students need to build their credit history and getting a student credit card is one of the easiest ways to do so. Are you planning on applying for a student credit card too? Do you already have a credit card in your name? Whether you’re a student or a first time credit card holder, let this article give you some tips on how you can use your credit to your most benefit.
Read your credit card agreement. In reality, not many credit card applicants take the time to read their credit cards’ Terms and Conditions in full. As a first time credit card applicant, make it a habit to read the fine print before signing up for anything. Why is it crucial to read the fine print? Because the true costs of your credit card are disclosed here. What you see in the ads are only the best features of the credit card, the actual conditions are explained in the Agreement and it is up to you to find out.
Read More on Tips for the First Time Credit Users
Student Credit Card Review of Citi Driver’s Edge Card for College Students
Build your credit history, and Earn rebates towards any car, new or0% APR* for 6 months on purchases, cash advances, and balance transfers used and $0 liability on unauthorized purchases. School’s Hard. Getting This Card Is Not.
Review of Citi Driver’s Edge Card for College Students - Click Here
Student Credit Repair Guide
It is not an unknown fact that pursuing a college education is three times more costly than graduating from high school. But the more alarming fact is that most college students graduate each year with unpaid credit card debts amounting to about $13,300 on an average, that doesn’t include their student loan debts! If you’re a college student, surely you should be more conscious about the status of your credit.
But what if you do find yourself incurring student credit debt that you can barely keep up with? What can you do to straighten out the situation? Is there a credit repair guide that can help you get out of this situation on your own? In this article, let’s focus on the steps that you can do yourself to get out of credit card debt.
Read More on Student Credit Repair Guide
Student Credit Card Review of Citi Dividend Platinum Select Card for Students
Your Citi Dividend Platinum Select Card for College Students can help. Earn a full 5% cash back on eligible purchases at supermarkets, drugstores, gas stations, convenience stores and utilities including cable for 6 months. Get 1% cash back on all other purchases everywhere else you use your Visa credit card.
Your new card comes with free credit education tips and tools to help you control your spending every step of the way — all this plus no annual fee.
Review of Citi Dividend Platinum Select Card for Students - Click Here
The College Students Guide To Using Credit Cards Wisely
We have already discussed the benefits of owning a student credit card as well as the factors to consider when choosing student credit cards. But apart from the advantages of college student credit cards, let us also consider the dangers associated with the misuse of credit cards.
Parents and guardians play a big role in helping young people become aware and understanding the dangers of using credit cards. Hopefully, by being aware of the risks, these young people can avoid the pitfalls that lead to bad credit and high credit card debt. If you’re a parent or a guardian, here is how you can play your part.
Read More on The College Students Guide To Using Credit Cards Wisely
Student Credit Card Review of Citi Bronze Advantage Card for College Students
The Citi® Bronze® / AAdvantage® card – the credit card with travel rewards for College Students. No Annual fee for your card and free membership in American Airlines AAdvantage® program. Your next flight may cost less than your next pizza!
Review of Citi Bronze / AAdvantage Card - Click Here
Did you choose the right major?
Wondering if you made the right decision with your major? Planning for your future is a good idea. Here are the Top 50 Paying Careers for 2008. It could give you an idea on what to choose, and start ahead your successful career path!
Read More on Top 50 Paying Careers for 2008
Citibank has come out with a credit card for people with no credit
Citibank is one of the largest issuers of credit cards in the US. They are also one of the best IMHO. My sister has had her citibank credit card for 10 years and when she started her own business they were the only company willing to give her new business a credit card too.
Now they have come out with a card called Citi® Platinum Select® MasterCard® (Tier 2)
This card is specifically designed for people with NO credit history.
Here are some of its features:
- Reports to all major credit bureaus
- No Annual fee
- 0% APR on purchases for 6 months*
- $0 liability on unauthorized purchases
- Citi® Identity Theft Solutions
- Free Online account management
*See Card Terms and Conditions
To learn more about the Citi platinum select - click here
Things You Should Know When Applying for a Credit Card
When you apply for a credit card, the lender does a credit check to how risky the extension of credit is going to be. There has to be a standard of risk that the lender is going to be willing to accept. Among the things you can count on being checked are your credit history, income, job history, current debt, how long you’ve lived in your residence, whether you own your own home, how many times you’ve applied for credit, and possibly if you have tax liens or judgments filed against you. All of these factors can be listed on your personal credit report and along with your credit score (the numerical value of your credit worthiness) the lender will determine if and how much credit they want to extend to you.
In today’s world, there is a credit card available for just about everybody. You are going to find yourself pummeled with credit card offers at some point or other. This is especially true for students. This is where patience, research, and common sense should come into play. Never choose the first credit card offer that comes across the table. Set a standard by what you’re willing to allow yourself to be charged in interest. After all, this is money that will be coming out of your pocket. This means getting in the habit of reading the fine print of the offer.
Read More on Things You Should Know When Applying for a Credit Card