Understanding Student Credit Cards

Student credit cards are credit cards that are geared specifically toward college students and, in some cases, toward high school students as well. With these credit cards, college students can begin building a solid credit history that can be invaluable after graduation.

Without student credit cards, college students can have a difficult time obtaining a credit card. This is because college students generally have no credit history or they have a very limited credit history. This puts them within a high risk category that many credit card companies will not work with. Or, it makes the college student eligible only for credit cards with very high APRs.

Obviously, this scenario is not desirable. Therefore, many companies have created credit cards that are geared specifically toward college students. These credit cards usually do not have the same benefits that are associated with traditional credit cards, such as extended warranties, roadside assistance, and travel insurance. They do, however, offer reasonable rates when compared to other cards that are meant for individuals with limited credit history.

In order to apply for a student credit card, it is usually necessary to name the college or university the student is attending. In some cases, it may be necessary to send some sort of proof of attendance or even a transcript to prove responsibility. The troubles of applying, however, are well worth it in order to start building credit for the future.

Beware of Phishing
To Pay or Not to Pay: Is it a Good Idea to Pay Your Taxes with Your Credit Card?
The Financial Dominance of the Credit Card Industry
Keeping Your Credit Card Safe
Traveling With Your Credit Card
A Look at Current Bankruptcy Laws
Fixing Mistakes on Your Credit Report
Flying With Credit Card Airline Miles
Get Stylish with Your Credit Card
Keeping Your Credit Report Clear
Modern Day Vending Machines
Using Pre-Paid Credit Cards for College Students
Making Sense of the Prime Rate
Protecting Your Credit Card Account Information
Reasons to Use a Credit Card Instead of Cash
Rising Minimum Payments: Friend or Foe?
Staying Out of Debt While Using a Credit Card
Pay Your Way Out of Debt with Your Tax Refund
Tips for Shopping Online With a Credit Card
Understanding Airline Miles Credit Cards
Understanding Cash Back Credit Cards
Understanding Prepaid Credit Cards
Understanding Rewards Credit Cards
Understanding Student Credit Cards
What to Look for in a Credit Card
What to Watch Out for in Pre-Paid Credit Cards