College Students and Credit Cards

Most of you out there who are either in college or went to college have probably walked past one of these. A table or booth setup with someone wanting to give you a free t-shirt, or sun glasses, or gift certificate if you’d only fill out a few forms. Sure, seems harmless. Three weeks later you get a mailbox full of envelopes all with shiny new credit cards. Thus starts your world of credit card use.

The problem is most student credit cards have horrible rates and can even charge you crazy fees. The second you activate one of those cards you’ll get charged crazy fees and you won’t have even used the card once for your own purchases.

That’s why when I was told about this site which lists specific credit cards for students I thought it would be a good idea to share it with our readers. The key to good cards for students is ones that have low credit limits so you don’t go spending too much, low to no APR (some offer 0% APR to begin with), and absolutely no fees. This site lists a bunch.

Also you want to be careful of cards that call you every other day trying to get you to sign up for programs that charge directly to your card or companies that try and get you to sign up for 20 other cards at the same time. That’s why the sites, student credit card reviews section is great to read about what each credit card has to offer and what the companies are like.

The best thing you can do when getting into the world of credit card use is to know about who your credit card company is. Don’t think all credit card companies are the same. If you want to create wealth for yourself, credit can be a great thing, but don’t let it cause you tons of headaches.