Student Credit Cards, How To Get One

The life of a student can be full of excitement, friends, and no money. Yes, as a student you encounter school and life expenses that often times require immediate access to money. And for most students having that much cash on hand almost never happens. So as a result many college students are applying for student credit cards to help ease the burden of so many bills. It can be overwhelming however with so many different cards and offers. This article can help; student credit cards, how to get one, what to look for, and the benefits of having one.

How to get a student credit card
Step 1: Shop around
Don’t make any hasty decisions in your search to find the right card. Many credit card companies will pressure you into getting their card but the truth is, you know best what you will need. If you don’t like the interest rate, then go somewhere else. Look at introductory rates and how much they will rise after the introductory period ends. Look at every little thing as you will be responsible for the card even if you have neglected to read the fine print.

Step 2: Look for the rewards
Most credit cards if not all of them will offer rewards for choosing their company. Depending on what card you get will depend on what and how big the rewards are. You will be able to find student credit cards that have little extras like cash back or other small benefits. Look for the ones that will benefit you the most; not the credit card company. And definitely make sure these rewards do not come with rate increases or fees.

Step 3: Don’t ever get a credit card to replace your income
Some student tend to believe that a credit card can replace their income. Credit cards should never be viewed as a source of income; you should only use your credit card to establish good credit by making regular payments on it and keeping a low to no balance.

Step 4: Purchase your credit card
Once you have compared credit cards along with fees, interest rates, rewards and all the other fun credit stuff you need to research you will then be able to make an educated decision on what type of card suits you the best. Most students that purchase credit cards choose ones with low rates and no annual fees.

What benefits come from having a student credit card?
Since every credit card is different there are different benefits to having different cards. So let’s take a more general stance on this topic and discuss briefly why credit cards in general can be beneficial for students. The two major reasons are emergencies and convenience.
• For most (if not all) college students money is scarce and emergencies are almost always apt to happen. Having a student credit card can be somewhat of a safety blanket. If something happens and you’re short on cash you can always use your credit card.
• Let’s face it, having a credit card can make life a lot easier when it comes to making hotel and airline reservations, renting cars, and even buying things online. A credit card is just convenient.

So now you know what to do and how to get a student credit card. It really is pretty simple you just have to make sure you know what you’re getting into before you actually do it.