Apply for Student Credit Card
Apply online for a college student credit card. Some banks even offer instant approval. Student cards are a great way for young people with no credit to build a good credit history.
Things to consider before applying for your new college credit card. These are some important concepts to understand.
Late payment fee
What is the fee? Will your interest rate be increased also?
Variable rate information
Is your interest rate going to change for some purchases?
Minimum finance charge
What is the minimum you have to pay each month? What happens if you cannot pay it?
Grace period
Time period you have balance in full without accruing finance charges.
Annual Fee
Is there an annual fee for the credit card?
Resources
FCIC - Applying for Credit
Don't charge your tuition and other college expenses. It is best to take a student loan such as a personal student loans from a reputable banks.
