College bookstores do accept credit cards for purchases. Whether the bursar accepts credit cards is something you'll have to check on at your son's school. Make sure you have a long talk with your son about the credit card and how it is to be used. There are numerous tales of woe from parents who found out too late that the student thought that concert tickets, beer and designer clothing were "emergency" expenditures, thus running the card up to the limit. Be clear about the use of the card and monitor it closely.
No I am sure that college students do not have the average number of credit cards.
Some popular credit cards for students are the Citibank credit card and the Discovery credit card. These two credit cards are designed for students and offer credit back incentives.
A credit card is something that every student over 18 needs because it helps them build up their credit rating by the time they graduate from college or university. Some of the good credit cards that offer credit cards for students are: Discover It for Students, Journey Student Rewards from Capital One, Citi Forward Card for college students, and Citi Dividend card for college students.
You can find many different offers for credit cards for college students. One great place to start is creditcards.com. They offer a wide selection of many of the available credit cards available for college kids.
If a college student want to get a credit card then they need to carefully consider if they can pay back the debt. They should get their card from a reputable company such as a bank so that they won't get charged interest that is too high.
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Wells Fargo offers the best low-interest credit cards. They are great for those just starting out.
College students can obtain credit cards just like other people. Sometimes it can be more difficult to obtain a credit card as a college student because they do not have as much credit built up. The best approach would be to open up a savings/checking account at a local bank. Once one is opened, they will usually offer the person a credit card as well. If that does not work, looking at the main credit card companies (Visa, Master Card, Discover Card, and American Express) and finding their college student section, will give you options for college students, however, they usually have very high interest rates.
For the most part, student credit cards are fairly useful for college students, but some of them should be avoided. Travel cards are fairly useful for students, so a student should seek out low interest cards.
Many students have not yet had the opportunity to build a positive credit history. Fortunately, there are lenders that offer credit cards no credit history required. Student credit cards are specially designed for young students with limited credit. Providers that offer these cards will accept applicants that may be considered a high risk by other lenders. However, applicants with a limited income must provide a cosigner unless the are over 21 years of age. Even with a cosigner, students may be looking at fairly high interest rates. The upside is that these cards give students the perfect opportunity to begin working towards a good credit score.
Credit cards can be beneficial for students in case of financial emergencies like cars breaking down. They are also helpful for books and school supplies. However, students should be responsible when using them because abusing them is common among college-aged persons.
You will find a lot of companies actually do this, but some in particular that tailor them specifically include horizon and discover. Discover in fact has two cards aimed specifically at students.