Credit card reviews

While there are a large number of credit cards targeted at the general public, in this section we look at credit cards targeted at the student population. Which is the right credit card for you?

While making this choice, it is important to examine yourself four fundamental questions:

1. Why are you applying for a credit card?
2. What are the charges that you will have to pay?
3. What are the special benefits offered by the credit card company?
4. How do the benefits offered by the company tie up to your reasons for application for the credit card?

Citi Student credit card and master card

In the reviews that follow, we analyze seven credit cards keeping these questions in mind. The credit cards reviewed include:

>> Discover Student Card
>> Citi's Driver's Edge Card for Students
>> Citi Platinum Select for College Students
>> Citi Dividend Platinum Select Card for College Students
>> Chase Platinum for Students
>> Universal Entertainment Student MasterCard
>> Blue for Students

Uses and Dangers of Credit Card

Have you decided that a credit card will be the credit tool that you will use? Then, it's a good idea to run over some of the pros and cons of your choice.

Why credit cards make sense

>> When you don't have the money to buy what you need, a credit card could help you make your purchase, and then gives you the flexibility to pay for it over time.
>> It's sometimes more convenient and safer to carry around than money.
>> It may help you out during an emergency.
>> As a student, it gives you a great way to establish a Credit history Why credit cards don't make sense
>> The interest rates charged by credit companies can be pretty steep.
>> The temptation to over-spend needs to always be kept under check.
>> A little financial recklessness with your credit card could ruin your credit history.

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