3 Ways To Get Approved For A Student Credit Card

If you're a college student, you know how expensive books, movies and tuition can be. And if you only work during the summer break, you may be looking for a way to stretch your funds through the cold winter months. Fortunately, a student credit card can help. Find one with low interest and good terms, and you can charge during the lean times and then pay it off when you're making money on your summer job.

To get a student credit card, follow these guidelines:

1. Find some cards for comparison.

It's easier than you think. Credit card companies often set up tables and booths at college fairs. You may even find fliers or applications around campus. And you can always find a student credit card with an online search. Be sure that the cards you're considering are specifically student cards. Credit cards aimed at students tend to have more lenient credit score and credit history criteria, and they also tend to have lower interest rates.

2. Pick the one with the best terms.

Not all credit cards are created equal! Since your student credit card is probably your first, educate yourself a bit about the terms and jargon you'll encounter. Choose one with a low interest rate, since that's the "extra" amount your credit card will tack onto your balance each month. Look for one with a longer grace period, too, which is the amount of time you have to make a payment before interest begins accruing. Other things you should look for is a card with no annual fee and a low late payment fee.

3. Apply!

Simply fill out the application--either on paper, online or on the phone--and answer the questions on the form. You'll need to reveal all the basics, like your name, current address and phone number. You'll also need to provide them with a "permanent" address and phone number. The application will include lines for information about your school, your school's address, your enrollment status and your year of graduation. It's possible they'll ask about your bank accounts and employment.

If you're currently employed or have significant savings in the bank, chances are your line of credit--the maximum balance you can hold on your card--will be higher. But even if you only have a summer job, you should still be able to qualify for $500 - $1,000 in credit.

Article Source: http://www.moneyarticlelibrary.com

Try using www.abcloanguide.com for a list of Recommended Student Credit Card Companies online. Their recommended companies are reputable and competitive in their rates.

Please Rate this Article

5 out of 54 out of 53 out of 52 out of 51 out of 5 

Not yet Rated

Click the XML Icon Above to Receive - Credit cards Articles Via RSS!

Additional Articles From - Home | Credit | - Credit Cards

• Start Reducing Your Credit Card Debt Today - Here' s How - By : Susanna Berlatsky
  
• Eight Tips To Manage Credit Card Debts - By : Ginger Wash
  
• Business Credit Cards: A Valuable Source Of Funding - By :
  
• Traveling With Credit Cards: What You Need To Know - By :
  
• New Foreign Markets Open Up For Credit Card Companies - By :
  
• How To Get A Good Instant Approval Credit Card - By : Joseph Kenny
  
• "Using Personal Loans For Credit Card Debt..." - By : Shelley Marie
  
• When Not To Use A Credit Card - By : Michael D. Strauss
  
• How To Choose A Credit Card To Meet Your Needs - By : Joseph Kenny
  
• Student Credit Card, The Foundation Of Credit History - By : Mario Churchill
  

Related Articles:

• How To Start Your Own Ebusiness On A Shoestring
• Does intensive pre-season strength training protect rugby players from non-contact injury?
• E-Cards- The X-Age medium to express your Emotions!
• Event Marketing: Five Ways to Rally Your Support Team to Ultimate Success
• Avoiding "Golf Overload" - Your Guide To Finding The Right Golf Instruction Tutorials
• Is A Private School Right for My Child?
• Why And When You Should Raise Your Prices
• Don't Look Past Graffiti Art
• Home Schooling Through High School
• Getting Started: Creating a Business Plan