Mistakes to Avoid When Choosing Credit Cards For Students

For many students in America, it involves an important decision when getting a credit card. Several companies are focusing on college students by giving various options to have them sign up with their card. Getting the right card is the very important step in owning one. Here are several faults to avoid when selecting a credit card for students.


It is always wise to compare cards before owning one. Aside from the card application which the student union offers, try also to check the availability of other cards and compare the interest rates and fees. You may also see card availability in your preferred bank that might provide you fast and easy application.

There are cards that offer zero initial interest rate but may only be temporary. You will be surprised later to see it rise and might catch you unprepared.

It may sound wise to transfer credit balances between many cards but may give you more trouble than good. Owning several credit accounts may affect your credit score. Read More