Welcome to Credit Cards for Students Headquarters! Let us be your guide to, what can be, the dangerous world of student credit cards. Building a good credit history often starts with using a credit card, but you first need to understand how credit cards work, and how to use them to your advantage. If you understand this important information, or think it far to boring, then reading the listing a credit card options below is the next step to find the perfect student credit card for you.
Credit Cards for Students:
Citi® Dividend Platinum Select® Card for College Students
How would you like to earn a little extra cash while at college? A little extra money to take to the campus pub is always a good thing! The Citi® Dividend Platinum Select® Card for College Students, gives you five percent cash back on purchases made at a gas station, grocery store, drugstore, or convenience store. Sounds too good to be true? Actually it is, the five percent cash back only lasts for the first six months, and is reduced to only two percent after that period. An addition purchases made at all other locations, like the aforementioned college pub, only give you one percent cash back to a maximum of only $300, so don’t go quitting your day job.
Additional Benefits: No annual fee, automobile rental insurance, travel insurance, great online and offline security, no co-signer needed.
Basics:
Intro APR: 0%
Annual Fee: None
APR: 13.99%-21.99%
Discover® Student Card
Going to be doing some home improvement at college? If the answer is yes, then this is your card! Not a straight cash back card, but a rewards card the Discover® Student Card is an interesting choice in the long list of credit cards for students. Discover suggest that they give rewards on purchases students make most, which include books, eating out, gas, and home improvement. A grand total of five percent of your purchases is added to your rewards account, if shopping at these locations, and only one percent at the college pub, or anywhere else. You can use these magic bonus rewards to pay down your balance, or redeem them for other bonuses. Luckily, there is no limit to your rewards balance, and no expiration date on your rewards, so you don’t need to worry about that procrastination problem a lot of students suffer from.
Discover More: Five hundred thousand dollars in accident insurance when traveling, car rental insurance, and you never liable for any unauthorized charges.
Basics:
Intro APR: 0%
Annual Fee: None
APR: 13.99%-20.99%
JourneySM Student Rewards Credit Card By Capital One®
Moving off to college ,and not sure if you are ready for the responsibility of a credit card? Then out of all the many credit cards for students the JourneySM Student Rewards Credit Card is for you. With this credit card they provide a monthly credit score, help with tracking your spending, and even free text and email alerts to help you stay on track with your budget. Sound too good to be true? Well, actually, it’s not! It is possible that Capital One® realizes that if they help you become financially responsible in college, then you have the potential to be a very profitable client when you graduate. In addition to the tracking and reminders you also get one percent cash back on all purchases.
Journey to more benefits: Get twenty five percent bonus on your cash back when you make your payments on time, unlimited cash rewards that do not expire, and get your cash back at anytime.
Basics:
Intro APR: 0%
Annual Fee: None
APR: 19.8% variable
Pre-paid Credit Cards for Students:
UPside Student Prepaid Visa® Card
Not heading off to college yet, but want to have the benefits that come with a credit card? Or perhaps you’re a parent looking for a secure way to give your children spending money, and help them understand how to budget their online and offline purchases. Either way the UPside Student Prepaid Visa® Card is for you. All credit cards for students are dangerous because of the possibility of over spending. However, this is not true with the new line of prepaid cards. so what’s the catch? Yep, there’s always a catch. Visa® will be charging you almost five dollars a month. This, some what, ridiculous cost can be mitigated by loading up the prepaid card with at least five hundred dollars. This will drop the potential yearly fee of almost sixty dollars a year to only twelve dollars a year.
More UPside: Parents may add cash to the card from their online checking account or credit card. Instant online funding, which is great for emergencies, and it works at the campus pub just like any other card!
Basics:
Intro APR: N/A
Annual Fee: $12-$60
APR: N/A
Additional Credit Cards for Students:
Their are a variety of other credit cards for students on the market, but the four mentioned above give you a good run down of your options. Discover® and Citi® have a great variety meant to appeal to different demographics. They are quickly summarized below:
1) The Discover® Student Card – Clear, Tropical Beach, Monogram Collection, and Open Road(sm), are just a different way of marketing the same Discover credit card mentioned above.
2) Citi Forward® Card for College Students allows you to lower your annual interest rate (apr) if you make your payments on time. Similar to the Journey(sm) by Capital One®, this can help keep you on track with payment.
Whatever the choice you make, be sure to budget your money carefully, or instead of building a great credit history you will be destroying your personal credit. And although their are ways around poor personnel credit, life after college is much easier if you have a great credit rating. Thank you for visiting Credit Card For Students Headquarters, and please check back soon for additional information, or feel free to contact us here.