top ten credit cards

It is helpful for older students to learn responsibility when it comes to using credit cards. Learning how to work the credit cards, you can avoid falling into the awkward position of being thousands of dollars in debt. A student who is likely to live away from home to attend college is no need to make purchases with credit cards. It definitely helps to invest the time in finding a card for those students who can offer the most attractive rates and a reasonable credit limit. 

Here are some questions to consider in the process of choosing a credit card - 

qualification 

Because the student is not yet able to earn a full time income, you need to rely on an adult co-signer to get a credit agreement with the bank or similar institution. Anyone applying for a credit of 21 or less is required to provide proof of income to cover the cost of monthly payments or have a cosigner. It helps to have a co-signer with a good credit score as this can help you get a more favorable credit limit and interest rate. 

choose 

A wide range of credit cards are offered to students varies depending on the features offered. It is very likely to be a balance from month to month, generally contributes to research these cards may offer lower interest rates. But if one can pay the bill at the time of receipt of each statement, it may be advantageous to consider these cards provide additional cash back rewards and bonus points on purchases. Cash back rewards may vary in the region of 1% to 5% on purchases. 

0% Intro 

Attractive returns to appear on credit cards are those with a 0% intro period April that could last from six to twelve months. This is probably most useful for those who plan to make several important purchases at the beginning of the school season. And 'possible to make the repayments each month without having to worry about having to pay interest. Aim to repay the debt as much as possible during the introductory period, such as monthly repayments may see a significant increase once it becomes necessary to cover the cost of interest.