| One of the biggest challenges when it comes to | | | | particular won't offer any rewards at all. Even if |
| applying for a credit card may not be your | | | | you don't think the rewards will help you, I would |
| previous credit history; it's going to be the | | | | strongly recommend that you apply for one |
| challenge of finding your first credit card. Just like | | | | because most of the times, these points will |
| anything, the first time you do it, you're going to | | | | never expire. |
| be new to the game. Credit cards are no | | | | What you'll find when applying for your first credit |
| different. | | | | card is that the APR rate is extremely high. |
| An advantage you may have when it comes to | | | | These rates can sometimes get as high as |
| applying for a credit card is being a college | | | | twenty to thirty percent. This is because the |
| student. The reason this is going to give you the | | | | credit card companies have no history on you. |
| advantage is because all major credit companies | | | | Just put it this way. If you were to lend money |
| such as VISA and MasterCard offer credit cards | | | | to a stranger, you would feel a lot more |
| solely for students. If you're not a student, it's | | | | uncomfortable then say, you're long time friend. |
| going to be more of a challenge to find a card | | | | The credit card companies feel the same way. |
| you're looking for. | | | | Just remember that if you pay your bill off on |
| When applying for a college student credit card, | | | | time in full, you won't be charged the finance |
| you're going to want to make sure you've applied | | | | charges. |
| for the university you want to attend. This is | | | | Another note you must jot down is that a credit |
| important because the credit companies will ask | | | | card company is not going to give you a high |
| you specific college information. It will be next to | | | | credit limit, especially as a student. Your limit is |
| impossible to fake your information because all of | | | | going to range anywhere from five hundred to a |
| the companies will follow up on it if they suspect | | | | thousand dollars. This is once again because you're |
| fraud. | | | | new to the game and you have to establish trust |
| Just about all of the credit cards you're going to | | | | with the companies. Once you prove your trust, |
| look at will offer some sort of reward. Before | | | | your credit card score will go up and so will your |
| applying, you're going to want to ask yourself a | | | | credit limit. |
| few questions. You will want to find out what | | | | When on your search for your first time credit |
| rewards will benefit you the most. If you never | | | | card, you have to remember that only you can |
| fly on an airplane, then an airline based reward | | | | prevent debt. You will have to be extremely |
| card won't benefit you at all. If you drive a lot, | | | | responsible when using your credit card because |
| then a card focused on saving gas will benefit you. | | | | most companies will lend you more money than |
| Credit card rewards designed for college students | | | | you can handle hoping you can't pay it off. This is |
| are actually really good. A lot of them range | | | | of course, how they make money. If you're a |
| anywhere from getting cash back on your | | | | disciplined person and currently attending college, |
| purchases to bonus points every time you spend | | | | then a college student credit card is the area you |
| a dollar. You'll also find that some cards in | | | | should focus on! |