What is the ideal credit card for a college student to get? April 18, 2010
Posted by Banking in : Credit , trackback
yeahhh asked:
I am looking to get a credit card basically for emergency purposes (mostly for those unexpected car repairs) and christmas time when I don’t have the money for gifts (I have a large family). What would be the ideal credit card for me to get? I have2 store credit cards, which are always paid off before I even recieve the bill, and an excellent credit score due to those cards, and student loans. I am looking for a card that doesnt have an annual fee, any suggestions?
I am looking to get a credit card basically for emergency purposes (mostly for those unexpected car repairs) and christmas time when I don’t have the money for gifts (I have a large family). What would be the ideal credit card for me to get? I have2 store credit cards, which are always paid off before I even recieve the bill, and an excellent credit score due to those cards, and student loans. I am looking for a card that doesnt have an annual fee, any suggestions?
Comments»
Go though your bank..look for one with no annual fee, a credit limit of $1000 and look for a low interest rate.
get a Walmart Visa Credit card. They help with everything.Interest isnt bad either
Pick the best interest rate and and rewards program like Discovers cash back. Most important is to pay it off as quick as you can. Let any cash back build up for next Christmas.
Good luck
My daughter had good luck with those offers that you get for college student plans. They have high interest rates (but you pay off every month, so who cares?) and low limits (but you’re a student and don’t need a big limit) but with many there is no annual fee.
debt visa card or cash card
I would actually suggest for all college students not to get a credit card while in school. It is too easy for students to charge items and delay paying it off, getting into financial trouble that can last for years.
But, if you are going to get another credit card, try to find one with a fixed interest rate and to research for one that is the lowest you can find. It should have no annual fee. And perhaps one that offers points or bonuses for spending.
But it really depends on what you are looking for. Do you want a good rewards program, frequent flier miles, a low APR, etc.? These are things you should consider, and make sure you don’t get one with an annual fee. Even if you are just starting out, there are plenty of companies out there willing to give credit without charging you a yearly fee.
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