College
students, especially beginners need to be better informed out the kind of
credit cards that really works for their lifestyles. This is so because most
college students as already described will most likely have low or non-existent
income. However, money from sponsors or from low income will be needed to make
small purchases and other transactions like grocery and gas. However, carry
cash all about puts students at the risk of falling prey of thieves, hence the
need for credit cards. However, with low income or non-existent income, not all
kinds of credit cards will fit you, or benefit you.
This is why by
identifying what the features that make a better credit card for college
students are, your choosing should be done with speculation. One of the things
to look out for is what is known as Recurring Annual Fee. As a new college
student, a credit card with this clause may not be the best for you. However,
there are other credit cards that do not require this fee, and there will be a
better choice for you.
One way to also
identify the good credit cards for
college students is what is required to obtain it. There are credit cards
that you can only get when there is an income. Hence, you might have a
stipulated minimum income before you can get the credit card. However, nit all
credit cards are like this. This is why you should rather choose the kind of
credit card that has no minimum income before you get the needed credit card.
This is better flexible and useful to you as a new college student. An Annual
Percentage Rate (APR) should also be part of the things that you put into
consideration. This is because the lowest APR will work better for you.
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