Best Credit Cards for Students (cont'd.)
Guest: Board Monitor
Board Monitor/ Administrator
Post subject: Best Credit Cards for Students (cont'd.)
Posted: Thu Mar 02, 2006 8:58 am
Student cards will approve students without a credit history. This is their main selling point. Good luck and let us know how things turn out!
_________________
Best Regards,
Curtis Arnold
Board Monitor
http://www.cardratings.com
(501) 663-0314
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CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Guest: rainyday
Posted: Thu Mar 02, 2006 11:34 am
My daughter (19) got a secured Credit Union Mastercard $500 limit had it for little less than a year. She then applied for the Citi Platinum Select card (not the student card) and got it with a 2000 CL. She bought a expensive stereo system with 0% on purchases for a year deal, used only half of her available CL and is paying $10 more a month on her account than Citi asks for. By doing this she showing self control by not using her entire CL and it show she's paying more than the minimum monthly payment. This looks good on her credit report and will help when applying for future credit.
_________________
Experience is a hard teacher because she gives the test first, the lesson afterward.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Guest: quiznut1
Posted: Thu Mar 02, 2006 11:55 am
quiznut1 wrote:
I have the Citi Dividend Platinum Select credit card for college students. It has the same rebate structure as the one they target to adults. 5% cash back on gas stations, grocery stores, and drug stores, and 1% cash back on everything else. Limit $300 yearly rebate limit per calendar year. I had no problem getting approved, even though I only had a 6 month credit history. They gave me a 6 month 0% APR on purchases and balance transfers, but if you pay your bills in full and on time, I think this is the best student credit card available right now.
Once again, I will rehash my point. I don't think you'll have any problem getting approved by Citi, as they really want to get their student cards into student's hands. I think the only requirement for this card is that you're a student, and the cash back rebate structure is the same on this card as the adult card. (5%, 1%). If you're going to pay your bills off in full and on time, I think this is the best card you can get. Remember, it's good to have the attitude that says, "Hey, do you want to have my loyalty? Then feel free to give me something back." It's a good thing.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Guest: Board Monitor
Board Monitor/ Administrator
Posted: Fri Mar 03, 2006 9:31 am
Quote:
My daughter (19) got a secured Credit Union Mastercard $500 limit had it for little less than a year. She then applied for the Citi Platinum Select card (not the student card) and got it with a 2000 CL. She bought a expensive stereo system with 0% on purchases for a year deal, used only half of her available CL and is paying $10 more a month on her account than Citi asks for. By doing this she showing self control by not using her entire CL and it show she's paying more than the minimum monthly payment. This looks good on her credit report and will help when applying for future credit.
Awesome! Does your daughter also save money for a rainyday!?!
_________________
Best Regards,
Curtis Arnold
Board Monitor
http://www.cardratings.com
(501) 663-0314
Sign up for our free monthly e-mail newsletter!
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Guest: rainyday
Posted: Fri Mar 03, 2006 9:39 am
Yep...she a chip off the old block!
_________________
Experience is a hard teacher because she gives the test first, the lesson afterward.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Board Monitor/ Administrator
Post subject: Best Credit Cards for Students (cont'd.)
Posted: Thu Mar 02, 2006 8:58 am
Student cards will approve students without a credit history. This is their main selling point. Good luck and let us know how things turn out!
_________________
Best Regards,
Curtis Arnold
Board Monitor
http://www.cardratings.com
(501) 663-0314
Sign up for our free monthly e-mail newsletter!
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Guest: rainyday
Posted: Thu Mar 02, 2006 11:34 am
My daughter (19) got a secured Credit Union Mastercard $500 limit had it for little less than a year. She then applied for the Citi Platinum Select card (not the student card) and got it with a 2000 CL. She bought a expensive stereo system with 0% on purchases for a year deal, used only half of her available CL and is paying $10 more a month on her account than Citi asks for. By doing this she showing self control by not using her entire CL and it show she's paying more than the minimum monthly payment. This looks good on her credit report and will help when applying for future credit.
_________________
Experience is a hard teacher because she gives the test first, the lesson afterward.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Guest: quiznut1
Posted: Thu Mar 02, 2006 11:55 am
quiznut1 wrote:
I have the Citi Dividend Platinum Select credit card for college students. It has the same rebate structure as the one they target to adults. 5% cash back on gas stations, grocery stores, and drug stores, and 1% cash back on everything else. Limit $300 yearly rebate limit per calendar year. I had no problem getting approved, even though I only had a 6 month credit history. They gave me a 6 month 0% APR on purchases and balance transfers, but if you pay your bills in full and on time, I think this is the best student credit card available right now.
Once again, I will rehash my point. I don't think you'll have any problem getting approved by Citi, as they really want to get their student cards into student's hands. I think the only requirement for this card is that you're a student, and the cash back rebate structure is the same on this card as the adult card. (5%, 1%). If you're going to pay your bills off in full and on time, I think this is the best card you can get. Remember, it's good to have the attitude that says, "Hey, do you want to have my loyalty? Then feel free to give me something back." It's a good thing.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Guest: Board Monitor
Board Monitor/ Administrator
Posted: Fri Mar 03, 2006 9:31 am
Quote:
My daughter (19) got a secured Credit Union Mastercard $500 limit had it for little less than a year. She then applied for the Citi Platinum Select card (not the student card) and got it with a 2000 CL. She bought a expensive stereo system with 0% on purchases for a year deal, used only half of her available CL and is paying $10 more a month on her account than Citi asks for. By doing this she showing self control by not using her entire CL and it show she's paying more than the minimum monthly payment. This looks good on her credit report and will help when applying for future credit.
Awesome! Does your daughter also save money for a rainyday!?!
_________________
Best Regards,
Curtis Arnold
Board Monitor
http://www.cardratings.com
(501) 663-0314
Sign up for our free monthly e-mail newsletter!
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Guest: rainyday
Posted: Fri Mar 03, 2006 9:39 am
Yep...she a chip off the old block!
_________________
Experience is a hard teacher because she gives the test first, the lesson afterward.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
posted by CardRatings.com at 3:21 PM
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