Apply For Student Credit Card

I will be a senior in the fall and currently have two check cards. I want to apply for a credit card to establish a line of credit but am not sure if I should...

Should I apply for a credit card? If so, should I apply for a student credit card, even though I only have a year left?

I am looking at CitiBank's Platinum Select Card...anyone have that?

If you do not have any established credit yet, it's a good idea to establish it. Within the next year or so, you will probably want to purchase a car, get an apartment, etc. Here's what I did that helped me establish credit but kept me in check. My first credit card, which I got my sophomore year of college, came with a $1500 limit. I called the credit card company as soon as I got my card and asked them to lower the limit to $500. That way, I could charge small things on the card and pay them off to establish credit, but I couldn't dig myself into a hole that I couldn't get out of. As you are able to realize your responsibility with using credit, you can ask for a credit line increase (many companies will grant increases automatically). Just be careful and don't get in over your head - it can be very tempting to buy something and just say "I'll be able to pay it off." Good luck with your last year of college! :-)

2007-06-26 07:25:05 by jersey527

www.preapprovedcreditcards.com -- Building your credit history is easy with a student credit card. This video explains how to obtain and what to ...

It's the only card left that we haven't been denied! This is ridiculous. How can we build our credit if we can't even get a card?

They really could care less as long as you pay them it doesn't matter one bit. make sure they do report your payment history to a credit bureau. Some do not. it is not mandatory they do so. so check if they do. and use the card wisely

2009-05-19 21:16:43 by Phineas G

Price: $1.99

I am looking to build some credit. Right now I have a solid checking account and I am planning to use the credit card only on gas. Which way is going to be the most beneficial to my credit?

Your parents can add you as an authorized user to their account and you will still build credit. Every time someone adds you to their account, that account lists on your credit report.

Applying for a student credit card is also a good option. Odds are that you're not going to need a high limit because you're only using the card for gas. Most student credit cards start with around a $500 limit.

Either way both choices have the same result. Although I personally would apply for a card of my own. That way you can develop some tenure with a bank. The longer your accounts are open the better it looks on your credit report.

2007-07-07 09:12:52 by soccerbulldog08

I want to apply for a student credit card just in case I need money while I'm in college. My mom and my sister told me not to but this is something I want to do on my own and see if I can handle it alone. I work 2-3 days a week starting Sept. and I make $9/hr for about 4hrs a shift (I work at a restaurant as a hostess). I'll only be making probably aroun $400/month. Is a credit card too much for me to handle financially or what? Can someone please explain to me what APRs and whatever else, interest rates, intro APR, and all that other stuff that is usually affiliated with credit cards, all mean? Thanks!

Getting a student credit card while in college is the first step to start building your credit history. It doesn't really matter how much you earn during college, credit card companies don't expect you to be working while attending a college. So it's actually very each to apply for a student credit card. http://www.iapplyforcreditcards.com/stud ent-credit-card.php

There are 2 types of APR (Annual Percentage Rate) - The APR (Purchases) represents the standard annual percentage rate for purchases; the amount one will pay in interest for carried balances from purchases made on the credit card. This rate may be variable or fixed. If the rate is variable, it may be tied to the Prime Rate, and is usually adjusted on a monthly or quarterly basis. The APR (Cash Advances) represents the standard annual percentage rate for cash advances taken out on the credit card and the amount one will pay in interest for carried balances which originated from cash advances. This rate may be variable or fixed. If the rate is variable, it may be tied to the Prime Rate, and is usually adjusted on a monthly or quarterly basis. Transaction fees may also apply for each cash advance authorized.

The intro APR is the annual percentage rate applied for a limited period of time for new applicants only. The introductory rate varies among card issuers, as well as the amount of time the rate is available for, and on what type of transactions the rate is applicable towards.

Another term you need to pay attention to is Grace Period - it's the number of days in which a credit card bill can be paid in full without incurring finance charges.

Remember to always to pay your credit card on time and pay in full if possible. If you only pay the minimum due amount, the credit card company will charge you interest for the rest of the balance unless they are offering you 0% intro APR. The intro period varies from 6 to 12 months depending on the card offers.
http://www.iapplyforcreditcards.com/0-lo w-apr-credit-card.php

2006-08-19 19:54:23 by xbutterfly1817x

I want to get a student credit card, one with a smaller limit, just to be able to build credit so I won't have issues buying my new car once my lease is up next year, as well as with other things, such as cell phones, houses, etc. What would be a good place to apply for a card that doesn't require good, or any, credit?

if I were you I would find out what my credit score is before I go getting credit cards. www.annualcreditreport.com allows you one credit check per year mandated by the govt. if your credit is good enough dont bother getting credit cards. have as few of those as possible as im sure many will tell you on this site

2006-12-15 15:23:43 by Just a girl