Using Student Credit Cards for Students-What You Need To Know
At any given time, emergencies can happen. Students, especially those in colleges and universities, might need something for their studies. They might need a book for their book report, a laptop for making a thesis and other documentations, etc. College students normally live in boarding houses so they are separated from their parents. In a time of emergency, when the student needs money, who would help him?
For example, you are a student and you are doing a final paper for a subject. You are using a laptop to make the final paper when the laptop suddenly crashed. You might not be able to repair it by yourself. It might even take a professional to fix this problem. At this time, you really would resort to getting it repaired by professionals. It would cost you a lot, and if you don’t have enough money, you can simply use student credit cards to pay the bills.
Student credit cards have become an interesting item for college students. They can use it to buy whatever they need for their studies or for their own well-being. So if you are interested in owning student credit cards, then you should prepare yourself. There are various types of student credit cards and you might find it hard to choose just one. Luckily, here is a comparison of some of the best student credit cards offered by the best banks around:
|
Name |
APR |
Intro APR |
Intro APR period |
Setup Fee |
Annual Fee |
Balance Transfers |
Credit Needed |
Benefits |
|
Citi mtvUTM Platinum Select Visa Card for College Students |
12.99% |
0% |
6 months |
None |
None |
Yes |
Good Credit |
Earn 5 ThankYou Points® for every dollar you spend at restaurants, bookstores, record stores, movie theaters and video rentals stores, · Earn 1 ThankYou Point for every dollar you spend on all other purchases, Earn 25 ThankYou Points for paying on time, Earn 250-2000 ThankYou Points twice a year for maintaining a good GPA and Redeem points for gift cards, MTV events, and airline tickets |
|
Capital One® No Hassle Cash(SM) Rewards for Students |
16.90% |
0% on all purchases |
Until May 2009 |
None |
$29 |
Yes |
Limited History |
$0 Fraud Liability for unauthorized use if your card is lost or stolen, No limit on cash back and rewards won’t expire for the life of your account and 25% annual bonus on cash earned during the year and 1% cash back on all purchases |
|
Citi Platinum Select Card for College Students |
11.99% |
0% |
6 months |
None |
None |
Yes |
Good Credit |
FREE Online Account Management, No minimum income or cosigner required and $0 liability on unauthorized purchases |
|
Discover ® Student Card |
14.99% |
0% on purchases |
6 months |
None |
None |
N/A |
Good Credit |
Unlimited cash rewards, automatically, Up to 20% Cash back Bonus® when you shop online, Double rewards with more than 100 Cash back Bonus Partners and Customer Service in less than a minute, anytime you want |
|
Citi® Driver’s Edge® Card for College Students |
13.99% |
0% |
6 months |
None |
None |
Yes |
Good Credit |
Earn Rebates Towards Any Car, New or Used, Build your credit history, Free Online Account Management and $0 liability on unauthorized purchases |
