Credit Card That is Best for a Student
Author: underrated831
Posted: Tue Feb 13, 2007 6:42 pm
Post subject: student looking for a credit card
Sorry if this post isnt a valid post but
I was looking for a credit card with a high credit limit
i already have a credit card with an 800 dollar credit card limit, from wells fargo, it is a student credit card. the credit limit is not enough for me.
It seems like amex is the best one? I heard capital one sucks from my roomate. I hope I can get one thats a non-student card because my roomates are students as well and they have credit limits that are around 3500.
one other question, when I get credit card bills should I pay the minimum? or how much more do i have to pay in order to increase credit score? thank you in advance
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: angelo21
Posted: Wed Feb 14, 2007 12:34 pm
Post subject:
Everything is dependent on you. No rules exist that students can only have student cards. The CL your assigned will be determined by your history, etc.
As for payment, PIF when possible. You don’t want to get into the rut of paying only the minimum due and you want to watch you utilization ratio.
Author: shan7
Posted: Thu Feb 15, 2007 11:00 am
Post subject:
We are just about to put up the new Discover Student Card in our website. Check it out and see whether you would like to apply for it. PIF meaning "Pay in Full" is best of you can afford it. Back when I was a student, I always paid in full but there was temptation to charge a lot of stuff and pay only the minimum!
_________________
Regards,
Heshan Demel
Board Monitor
http://www.CardRatings.com
20K+ Credit Card Reviews
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: underrated831
Posted: Thu Feb 15, 2007 7:28 pm
Post subject:
i just have one last question, if i do pay the minimum amount would it lower my credit score? or would it higher or would it do neither? thank you
Author: artcubed
Posted: Thu Feb 15, 2007 7:52 pm
Post subject:
Paying the minimum by itself will not hurt your credit score. As you pay your bills on time, your credit score will go up.
What does hurt your credit score is having a high ratio of debt to credit limits.
Hope that helps.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: hesiden
Posted: Thu Feb 15, 2007 7:59 pm
Post subject:
artcubed wrote:
Paying the minimum by itself will not hurt your credit score. As you pay your bills on time, your credit score will go up.
What does hurt your credit score is having a high ratio of debt to credit limits.
Hope that helps.
Still, you want to pay in full or you'll pay outragous interest rates and its possible to your debt will get to large for you to easily pay off. Credit cards are not for long term debt, if you can't pay for it at the end of the month don't buy it.
Really! This means you! Just say NO!
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: artcubed
Posted: Thu Feb 15, 2007 9:37 pm
Post subject:
hesiden wrote:
Still, you want to pay in full or you'll pay outragous interest rates and its possible to your debt will get to large for you to easily pay off. Credit cards are not for long term debt,if you can't pay for it at the end of the month don't buy it.
Really! This means you! Just say NO!
Yup, I second this!
Author: underrated831
Posted: Sat Feb 24, 2007 2:55 am
Post subject:
i finally got "one by american express"
any good? theres no credit limit!? im surprised!
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Posted: Tue Feb 13, 2007 6:42 pm
Post subject: student looking for a credit card
Sorry if this post isnt a valid post but
I was looking for a credit card with a high credit limit
i already have a credit card with an 800 dollar credit card limit, from wells fargo, it is a student credit card. the credit limit is not enough for me.
It seems like amex is the best one? I heard capital one sucks from my roomate. I hope I can get one thats a non-student card because my roomates are students as well and they have credit limits that are around 3500.
one other question, when I get credit card bills should I pay the minimum? or how much more do i have to pay in order to increase credit score? thank you in advance
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: angelo21
Posted: Wed Feb 14, 2007 12:34 pm
Post subject:
Everything is dependent on you. No rules exist that students can only have student cards. The CL your assigned will be determined by your history, etc.
As for payment, PIF when possible. You don’t want to get into the rut of paying only the minimum due and you want to watch you utilization ratio.
Author: shan7
Posted: Thu Feb 15, 2007 11:00 am
Post subject:
We are just about to put up the new Discover Student Card in our website. Check it out and see whether you would like to apply for it. PIF meaning "Pay in Full" is best of you can afford it. Back when I was a student, I always paid in full but there was temptation to charge a lot of stuff and pay only the minimum!
_________________
Regards,
Heshan Demel
Board Monitor
http://www.CardRatings.com
20K+ Credit Card Reviews
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: underrated831
Posted: Thu Feb 15, 2007 7:28 pm
Post subject:
i just have one last question, if i do pay the minimum amount would it lower my credit score? or would it higher or would it do neither? thank you
Author: artcubed
Posted: Thu Feb 15, 2007 7:52 pm
Post subject:
Paying the minimum by itself will not hurt your credit score. As you pay your bills on time, your credit score will go up.
What does hurt your credit score is having a high ratio of debt to credit limits.
Hope that helps.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: hesiden
Posted: Thu Feb 15, 2007 7:59 pm
Post subject:
artcubed wrote:
Paying the minimum by itself will not hurt your credit score. As you pay your bills on time, your credit score will go up.
What does hurt your credit score is having a high ratio of debt to credit limits.
Hope that helps.
Still, you want to pay in full or you'll pay outragous interest rates and its possible to your debt will get to large for you to easily pay off. Credit cards are not for long term debt, if you can't pay for it at the end of the month don't buy it.
Really! This means you! Just say NO!
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: artcubed
Posted: Thu Feb 15, 2007 9:37 pm
Post subject:
hesiden wrote:
Still, you want to pay in full or you'll pay outragous interest rates and its possible to your debt will get to large for you to easily pay off. Credit cards are not for long term debt,if you can't pay for it at the end of the month don't buy it.
Really! This means you! Just say NO!
Yup, I second this!
Author: underrated831
Posted: Sat Feb 24, 2007 2:55 am
Post subject:
i finally got "one by american express"
any good? theres no credit limit!? im surprised!
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Labels: Best Student Credit Card, Credit Cards For Students, Qualifiying for a Student Credit Card
posted by CardRatings.com at 2:27 AM
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