Whether or not to get a credit card as a college student is a topic that is debated greatly. Many feel that college students should wait until they are older to try to avoid irresponsible spending that results in tons of debt after college, while others feel that students should get a credit card to help them build credit so they have some established credit when it comes to time to get a home loan or auto loan.
The key here, if you are a college student, is to be honest with yourself when considering whether or not you should apply for a student credit card. If you are confident that you will manage the card in a responsible manner, and pay off the balance each month, then go for it... it will help you to start building positive credit at a young age.
If you feel that you may have a hard time dealing with the temptation of the plastic, do yourself a favor and hold off on applying for a student card. You may be better off sticking with a personal checking account, or getting a prepaid credit or debit card.
If you are considering applying for a student credit card, here is a breakdown of the 3 best card offers available to college students at this time. None of these offers have an annual fee, and all of them are unsecured - so you won't be required to make any kind of deposit on them.
1. Discover Student Card
- No minimum income requirements or cosigner needed for approval
- No annual fee
- Introductory interest rate of 0% for first 6 months
- Manage Your Account Online
2. Discover Student Open Road Card
- 0% Interest Rate on Purchases for 6 Months
- 5% Cash Back on Gas & Auto Maintenance Purchases
- No Annual Fee
- Cash Back On All Purchases
3. World Of Warcraft Platinum Edition Visa Card
- 0% APR for the first 6 billing cycles for purchases
- Earn Free Game Time Play For World Of Warcraft
- No Annual Fee
- Online Account Management
To view more specific details on these credit cards for college students, or to compare student credit card deals side by side, head over to the student credit card comparison section at Cardsense.net to view a complete and current list of all offers available. Now updated 4 times daily!
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