Should I go for a student credit card or a regular credit card?
I am a college student trying to build my credit history. While shopping for credit cards, I notice that banks offer student credit cards for college students. Should I go with the student cards or with the regular credit cards? Is there a difference? I saw that some of them have a higher APR than the regular ones. Since this will be my FIRST credit, I may not have enough credit history- Without a strong credit history it will probably be easier to get the student card although most likely it will have a higher APR and fees. You should base your desicion more on the APR because it can really vary from card to card. If you do not plan on carrying a balance which is the smartest thing the APR may not matter as much. Also check if there are annual fees and what happens when you make a late payment. A lot of cards can almost double the interest for one late payment so be cautious! Remember that it's borrowed money not free money. Once you get some history and keep it in good standing you will be able to get better cards so just keep one or two until then
- Here you can find the best credit card for you with all the details creditcards. great - e - books.co.uk
- Get any card that someone is willing to give you at first. Make sure you pay every month on time. Keep the revolving debt below 40%. Step 2 in building credit is to have an installment debt. School loan, car loan etc. The account bust be at least $2400 and for at least 24 months. Lenders love to $2400 loan or higher and a 24 month on time payment history. Step 3, get one other account. Lenders love to see 3 accounts with 24 months of on time payments and at lease one or more accounts with $2400. With this in place you can get most anything on credit
- If you're just trying to build credit, I'd probably recommend getting the student credit card. Try to pay off the entire balance each month, and that's probably the best way to build credit as quickly as possible. The student ones are built exactly for someone like you
- Student credit card, but use it wisely because Recently I borrow $6000 / =from my platinum credit card, I found there is a finance charge $180 / = above the 24% interest, it look like loan sharks are more better
- I suggest you get a card with no annual fee, sufficient credit limit and some sort of rewards program. The student cards I've seen usually don't fall into this category
- leave credit cards alone - you need to have a steady income from job. If you do want a credit card - get one low interest and a limit that you can pay - I got mine at bank - got a co - signer - my limit is 2, 500. 00 - because that's what I can handle paying. Leave it fixed at the amount you can afford to pay. But seriously, I would not get a credit card in college - unless your education is PAID in full!
- Since you do not have a credit history, I'm not sure that you would qualify for a regular credit card. My suggestion would be for you to start with the student credit card. I don't know how much you plan to use it, but the best thing would be to make payments ON TIME and make more than the minimum payment. After a year or two with that, you should have some credit history to seek better cards
- Go for the student credit card, since you have no history a regular credit card would most likely be turned down. Also once you have your credit card, use it wisely, do not bring it to the limit, pay on time and more than the minimum, they will most likely increase your limit after 6 months to a year of good payments. this will help get your credit history better. Just remember to use them wisely and keep your balance low. !
Knowledge Base
What should I do if my credit card application was denied?
i just tried submitting an online application for capital one after receiving an offer in the mail but it was denied right away. i read somewhere that your credit score can be lowered from getting denied from too many. it's my first time trying to get one so i am (apply credit card)
I have bad credit which I have been fixing, are there any free credit cards I can get?
my credit was bad, but i have gotten everything paid off and its been about a year with nothing but good. the only credit i have right now though, is a fingerhut account which is paid off. are there any credit cards which will give bad credit people a second (visa credit card application)
Is interest paid on credit cards, bank loans etc. an allowed deduction on Fed Income Tax return?
only interest on home loans, student loans, and interest accrued in the production of income - margin accounts, etc. are deductible, unless you are self employed. only in our dreams dear, only in our dreams. only interest on home loans, student loans, and interest accrued in the production of income (best credit cards)
Knowledge Base: Credit Cards
Does anyone have an American Eagle Visa credit card?
if you do, would you happen to know the limit on the ae visa credit card? i know the ae store card is only $800 so i am just wondering if the visa card is going to be the same. no. depends on ur credit. no, i am not 14. (free credit cards)
credit cards?
i am planning on getting my first credit card this summer and was wondering on what is the best one to get and why? what should i look for in looking for one?. i like discover because you get cash back. you can also look into chase cards that have (instant credit card)
Credit Cards?
i am trying to get a student credit card, however, i have no credit at all. are there any cards that are for students, that you do not have to have any credit to get them?. this should help. these are all cards for students. creditcards.com / college - students.php. (credit card apr)
What is the best Low Interest credit card?
hey, i have got a credit score of low 700's and i need a new card with low interest because i am going to be making a purchase of about $2, 600. i have got the money to make the payments. i'd like it to be fixed and and 0% (visa credit card)
What are some of the best credit cards for someone to start a credit history?
this person is a student and will graduate soon and wants a card so he can establish credit. any ideas on a good one for someone who has never had credit?. start with a gas card. american express blue for students. i started with cap 1 but my girlfriend started (citi credit card)
Knowledge Base: Student Credit Cards
Where do I find student credit cards?
i am 20 yrs old, and looking for a credit card to start building credit with. i heard you can get student credit cards with lower rates. i am a college student, already recieving fafsa financial aid about $3500 a semester, but i wanted to get a credit card to (student credit cards)
What are some name of credit cards that give student credit cards?
what are some names of credit cards that give student credit cards? was is that amount that they give students? can a person get student credit cards if they only attend college on a part time basis?. i was very happy with my discover card when i was a student. (student credit cards)
What student credit cards will approve no credit?
i am a college student, so i was thinking of getting a student credit card. still, having no credit, i was denied by two of them before already. what student cards are there that i can get with no credit? if any of you have, let me know. in this (student credit cards)
What is the purpose of student credit cards?
i mean, i understand the concept of building credit and everything, but what is the point of student credit cards? what is the purpose? i am sorry if this is a silly question, but i do not really get it. and can you trade them in after you're no longer (student credit cards)
Should I go for a student credit card or a regular credit card?
i am a college student trying to build my credit history. while shopping for credit cards, i notice that banks offer student credit cards for college students. should i go with the student cards or with the regular credit cards? is there a difference? i saw that some of them (student credit cards)
