Student Credit Cards FAQS

To build credit history with your student credit card you need to handle your credit responsibly. You should make payments on time to all your creditors and keep your balances below your credit limits. You should try to pay in full each month, make sure you know terms and conditions of your cardholder agreement. Keep track of all your expenses, what you spend money on, and make sure your spending doesn't exceed your monthly income, on the contrary set up a savings account. Develop these useful financial skills and establish your credit history. When you apply for credit, rent, insurance or employment your creditworthiness, approval and terms of agreement are determined based on several...

Approval policies and requirements vary depending on the issuing bank or terms and conditions of a particular card. Some credit cards for students require a co-signer for approval, some don't and may help you establish your own credit history. Sometimes good or excellent credit is needed to qualify for a student credit card. You must be at least 18 years of age and currently enrolled as college student. If you are looking for an offer with minimum requirements for approval, consider prepaid debit cards. They give 100% guaranteed approval with no credit check, they are safer than credit cards, as you do not have an outstanding balance, you can only spend what you have in the account.