Credit Card Reward Program

Being a college student usually requires many different expenses, ranging from books and college expenses to houses costs such as internet and phone access. Getting a credit card as a college student can be somewhat difficult, especially since most students don’t have much credit or employment history. Luckily, there are several credit card companies that offer student credit card deals, ranging from low interest rates to cash back bonuses when purchases are made at certain locations.

Most student credit card offers provide an introductory APR, in order to let their user get used to making monthly payments and understanding credit. The introductory APR is usually 0% for a set period of time, which is commonly 6 months to a year for various cards. The APR then adjusts based on the payment history the user has had during the introductory period, and usually ranges between 12% and 20%. Another bonus offered on Visa student credit cards is a low annual fee, which can range between $0 and $29 each year.

Student credit cards usually report to the three major credit bureaus on a monthly basis, which is essential in order to earn a good credit rating. As long as monthly payments are made on time and the credit balance is kept below the limit, the credit card company will report good activity and the users score will increase over time. Balance transfers are a great option on many student credit card deals, since the users can transfer balances from high interest rates to their student cards in order to save money in the long run. Most student credit cards offer 0% APR on balance transfers, making it even easier to save money while in college.

Several student credit card deals offer great rewards programs for their users, such as those issued by Citibank. Points are earned for each dollar spent, but additional points are earned when purchases are made at school related stores such as book stores or music stores. Citibank student credit cards also reward their users with additional points for maintaining a good GPA while in school, and points can be redeemed for gift cards, airline tickets, and even music events such as concert tickets. Cash back rewards programs are also offered to college students with student credit cards, which can help them save even more money while in school.

Online account access is one of the many bonuses offered on student credit cards, so students can view their account balance and even pay their credit cards right from their computer. They can make sure to pay their bill on time each month, and easily keep track of purchases on their account to avoid credit card fraud.

Most college students need to learn how to keep track of their finances and learn how to live in the real world, and a credit card for a college student makes the transition much easier. Great rewards programs, low APRs, and the ability to save money over time are just a few of the many benefits that student credit card deals have to offer, and they allow college students to build up their credit history while still in college.

Contact Us | Privacy Policy |