Credit Cards Student | Student Credit Cards

Compare Student Credit Cards – Doing It
By Tom Tessin

When it comes to applying for a credit card, people will often tell you that you need to compare the cards before you actually go out and apply for one. If you don’t follow this advice, you’re already leading yourself down a path of disaster. Why? Think of any purchase that you make in life. Do you just go out and buy the first car you see? Do you go out and buy the first video game you see? No. You do your research before you pull out your hard earned money. A credit card is no different.

When it comes to a student card, I’m going to show you some things that you need to look out for before you fill out that application. You want to make sure that you only apply for one card because the more cards you add in a limited time, you may find that this will affect your credit score, which you won’t want to, happen.

Check for the major logo – When you’re looking for a card, always make sure that you check for those major logos like Visa and MasterCard. If they don’t carry a major logo, you may find that most merchants won’t even accept it. Not only that, you may be applying for a card that isn’t even legit. The company may be in it to steal your information.

Look for rewards – A major reason that college students sign up for a credit card is simply because of the credit card rewards. When you use your card, you should get rewarded. Most cards work the same where you’ll get one point per dollar. Once you get enough points, you’ll be able to cash them in for goodies like electronics, gift cards and more. As long as you pay your card off in full each month, you won’t have to worry about any interest rates.

Look at the APR – If you don’t plan on paying your card off in full each month, you will want to look at the APR also known as the annual percentage rate. This is the rate that will be tagged onto your unpaid balances. If you say had a balance of $500 and only paid off $200 that month, you’ll have to pay interest on that $300.

Annual fee – This is an important one when it comes to credit cards. Make sure that you look at the annual fee. This is the fee that you’re going to have to pay regardless of how much you use your card. While most cards don’t have this fee, you have to make sure that you look out for this fee. Some cards do have it so beware.

When comparing student credit cards, these are the main factors that you should look out for. When doing your comparison, print out this checklist and write down what each card has. It will not only make it easier for you, it will be a better card for your wallet and your future.

Start building your credit today with your first credit card all at http://www.FINDcollegecards.com, where you can find more of Tom’s work.

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Student Credit Cards and Reward Points
By Tom Tessin

As a college student, did you know that you can actually get a card with rewards? Well, you can! Most students believe that you can only get a credit card that gives you nothing. As many credit companies are trying to lure students in, they are offering more perks like cash back, points or even prizes for good spending habits!

A common question that is brought up often is “what can I get for my points?” Well, the first thing we need to look at is what credit card company you’re going to apply with. Some will give you points back while others will give you cash back as a credit on your statement. Once again, this all depends who you go through.

If you’re applying for a card that gives you points back, you’re going to find that it takes about 2,500 points to get a gift card at the minimum. Now, if it takes $1 to get a point, you’re going to need to spend $2,500. I know it sounds like a lot but it really isn’t and I’ll explain why. Most cards will give you bonuses for purchases. Let’s say a card gives you six times the points every time you fill up for gas or three time the points every time you buy groceries. You can probably see how this adds up now.

When you apply for a card, look at how your points work. Try and take advantage of the point system so that you can get the most out of it. As long as you do your homework, you should find a great card that works for you and your wallet.

Find student credit cards and more of Tom’s work all at FINDcollegecards.com.

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Do Student Credit Cards Build Credit?
By Tom Tessin

When you’re looking for your first credit card for the first time, there’s going to be a lot of questions that go answered. One of these questions that you might have is if a student card builds credit. Well, 99% of the time it does build credit but I will tell you what you have to look out for to ensure you that it does indeed build credit.

Look for the major logo – If the card you’re applying for is from a major bank or issuer like Visa or MasterCard, you can be assured that the card is going to report to the three major credit bureaus. If it doesn’t have one of these major logos, you may want to ask or look on the application before you apply.

Browse the application – If you don’t know for sure if the card you’re applying for is a credit card or not, look on the application. Most of the times it will tell you if it’s going to report and if it doesn’t, I would call the toll free number to see if they do or not. If it doesn’t, you may want to look elsewhere.

If you already have a credit card and you’re unsure, I would advise that you get a free credit report that you’re entitled to every year. Once you get your report, look at it and see if your account is on there. If it is, you’re in luck because it’s reporting. If it’s not, you may want to look for another card because you have to remember that your credit is crucial for the future in order to get great rates for mortgages, loans, etc.

Tom Tessin is an author for FINDcollegecards.com that is geared toward students looking for a student credit card

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Student Credit Cards With MTV
By Tom Tessin

MTV is one of the most popular places for college students today. Many like going to Spring Break with MTV. The MTVU card is part of the Thank You Network, a free program set up for college students who are card members get many valuable rewards. The rewards programs are great for any college student. They offer gift cards that can be spent just about any place. They also offer travel reward points that are useful for the student who wants to go home for the weekends or go on a vacation. The credit card opportunities for VIP’s give out free passes to go to the MTV Spring Break.

Students like going on Spring Break and being a part of the MTV Programs offered. There are tickets to MTV Video Music Awards as well. One of the nice features is the fact that students can get 10% off of music, electronics and all sorts of things at the shop mtv.Com. Online store. One of the nice features that the credit card offers is the fact that there is no minimum income or co-signer required in order to get the card. This feature makes it very easy for college students to get the card which is held by Citi mtvU Platinum Select Visa card for College Students. The company offers the card with 0% APR on purchases and balance transfers with no annual fees. This makes this the one card on campus for all the students.

In the end, I think this is one of the best cards on the market today that is catered to the younger crowd but it may not be for everyone. Just make sure you do your research before you apply for this card.

Find the best student credit cards on the market as well as more of Tom’s work at FINDcollegecards.

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First Time Student Credit Cards
By Tom Tessin

Every student on campus needs access to additional money for those monetary items not covered by grants or scholarship. Students may have a debit card that is provided by their parents who put money in the account but most students need and use a credit card. We have heard about all the credit card scares and the phobia’s suffered by some because of the economy but in reality using a card by students is indisputable way of obtaining extra cash.

There is no need to cut up your plastic card only use it properly not over spending and paying on your bill in a timely manner. There are many good reasons for you to obtain a card while you are a student. A student credit card gives you protection for your purchases, allows you to shop online, and provides you a cushion in case of an emergency. You need too remember that a credit is not free money like your grants and scholarships but it is money that you are borrowing that needs to be paid back.

Your credit card comes with a finance charge on the unpaid portion of your bill each month. You do need to be careful that this interest rate is not too high as some can be as much as 25%. Many times a company may charge you a yearly membership fee that ranges from $20 to $100 annually. Then of course there is a late payment fee which might cause your interest rate to increase if you are late often. You need to make sure that you are making payments in a timely manner and if possible early.

Tom Tessin is an author for FINDcollegecards.com that is geared toward students looking for a student credit card

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Student Credit Cards in Today’s Economy
By Tom Tessin

Students are on summer break looking forward to returning to college in the fall and knowing how the economy is worried about their future when it comes to credit making them a little bit apprehensive. There is no need to worry for the credit card companies are well and alive, looking for new students to lend money to and wanting to increase the amount of money that the older students are presently able to borrow.

Money is now moving on the wheel giving cause for lending institutions to once again open up their doors and welcome new customers. Students are usually on top of the list when it comes to lending out money. Many students have jobs now that make it easier for them to repay a loan and their career goals are excellent when it comes to lending from major institutions.

There is no need to worry about the ability to borrow money when you are a college kid since lending institutions stay in business from the profits they earn from loans. If it were not for the younger generation who makes loans and pay back interest rates and yearly membership fee’s lending institutions would soon go broke putting them out of business. The welcome sign being posted most lending institutions are offering different perks to get your business.

A student should just be careful before they sign the agreement to borrow money getting a credit card. Many times a good bargain may go sour in a few months that are why you should make sure that the opportunity presented to you is not a temporary one but one that will last the whole contract. Lending institutions sometimes put stipulations in the agreement that after a certain length of time the interest rate changes costing the borrower more money.

Tom Tessin is an author for FINDcollegecards.com that is geared toward students looking for a student credit card.

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Finding Student Credit Cards Online
By Tom Tessin

When looking for your first credit card, you’re probably not going to know where to turn, and that’s okay. Like anything in life, when you’re new at it, you’re going to have no idea on what you should do. Thankfully, with the Internet, you’re going to be able to find what you need. Whether it comes in the form of a tutorial, a video, or whatever it may be, there’s no reason that you can’t educate yourself with credit cards online.

When you’re looking for a student card, I’m going to show you exactly what you should look out for, when you’re looking for the perfect card. The first step that you’ll want to take is by getting a pad of paper, and jotting down exactly what you want in a card. Do you want rewards? Do you want a low rate? Ask yourself these questions, and it should make it easier on you.

When you know what you want, you’ll want to start using comparison tools. Using the major companies’ sites like Visa, etc, is only going to be biased, so I would stay away from those. Instead, I would search for something along the lines of “student credit cards”, etc. These sites are going to compare a few from each of the major banks like Citi, MasterCard, etc.

Once you compare the banks, you’ll want to set aside three that you really like. From there, you’ll be able to decide if you want to use that card for the future or not. Once you apply, use your card responsibly, and great things shall come.

Tom Tessin is an author for FINDcollegecards.com that is geared toward students looking for student credit cards

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Student Credit Cards and Parents
By Tom Tessin

When a student gets ready to go off to college and they are at the initial enrollment many times an agent is available from the credit card companies to encourage and sell a credit card to the new student. Today with the economy being in such a bad state it has been determined that many college students are too high a risk for a student card. The quota that the credit card companies seek in this area has greatly dropped in order to cut back on the amount of credit that the lenders give.

The lenders are now more fearful of the risk that a new student may poise that is why the cards are now being issued to the parents instead. Many parents already have cards and the lenders can use the credit score and paying record of a familiar client before issuing new lines of credit. Most lenders prefer to know that the parent is backing the card preferably in their own name rather than that of the students.

This may be good for the lender but it does not help the student to build a credit score that they can use after graduation. The student may not be able to use the reward points because usually only the person who owns the credit card can use the points. Most parents do not like this idea because they want their student to be able to come home or make other trips by using the points earned by their student’s use of the credit card.

Get great articles like this and more all on Tom’s college blog.

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Secured Student Credit Cards
By Tom Tessin

Many times parents want their child to have a credit card when they go off to college but they are not sure what the best type to select is. The “Secured Credit Card” is one of the best cards that you can get for your student when they are going off to college because you have better control over the amount of money that can be spent. You cannot increase the spending amount unless you deposit more money into the students account.

A secured card requires that you open up a savings account with the lender who in turn holds that account as a security deposit against the card. Most secured accounts are normally around $300 to $500. You can of course make the amount as high as $5,000 this depends on how much you plan on putting into the students account for expenditures. The card is secured because of this deposit but it is still credit and must be paid according to the agreement.

This is a great way for the student to build their credit score so that they can apply for an unsecured credit later without worrying about a co-signer. It is best when you do have a credit card to make sure that you make your payments without being late. It is most beneficial for any student with a secured credit card to pay off the amount they use each month before the bill comes due. This enhances their credit record giving them a higher credit score which in the long run gives you a better shot at a loan with a lower interest rate.

Find college student credit cards that can help rebuild or start your credit history all at FINDcollegecards.

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Student Credit Cards
By John Gibb

So, you’ve reached the next plateau of your life: College. Opportunities are beginning to present themselves to you, and odds are, credit card companies are stuffing your mailbox with offer upon offer for student credit cards. Having these cards can be important for establishing a good credit score for when you enter the real world.

What are some of the important things to know when selecting your first card? What should you watch out for? In this article, we’ll discuss some of the pros and cons about getting your first student credit card.

Your credit history can be very important. Moneylenders use information on how you handled your financial obligations in the past when they are determining whether or not you are worthy of their loan services.

It can be important to determine your eligibility for such things as apartment rentals, employment, and insurance. Two cards are typically offered to students: ‘secured’ and ‘unsecured’ cards. Anybody with collateral can apply for a secured credit card and usually receive one, since they are backed up by your collateral. If you stop payment, the bank can simply repossess whatever you put down for collateral when you got the card.

Some pros for getting a credit card at this age include establishing a good credit history, possible benefits and bonuses from the company, and the convenience of carrying plastic as opposed to a wallet full of bills. However, you must watch yourself, because expenses can quickly add up, and beginning interest rates can be murder. Hopefully this article can help you make a more informed decision about your student credit cards.

You can find more guides and advice on credit cards at http://www.credit-guidance.info

John Gibb manages Credit tips. A site dedicated to helping people with credit cards.

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