Tuesday, March 16, 2010

Points to Ponder for Teens Applying for a Student Rewards Credit Card

Without a guide, teenagers may have a hard time choosing from all the credit cards for students in the market. If want a credit card for student with rewards, then you’ll be glad to know that there are issuers that offer reward credit cards especially for college students.


Below is a guide that you can use before signing up for a student rewards credit card:


Which Type of Reward Suits Me? Reward programs vary from – Cash Back, Gas Rewards, Travel Rewards, and more. No matter how attractive the reward program may seem to be, you want to consider if it matches with your spending and lifestyle.


For instance, a lot of people are attracted to Frequent Flyer Miles credit card because they want to get the chance to fly for free. However, if you are an occasional spender, it can take you a very long time to get the free flight. If the card imposes a blackout date, you may not even get rewarded at all.


Matching a student reward credit card with your lifestyle is the key to enjoying the incentives it offers. Instead of focusing on the possibility of getting reward, be more realistic, and think about how you can benefit from your reward credit card without waiting for a very long time.


Read Full Article: Points to Ponder for Teens Applying for a Student Rewards Credit Card

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