College student credit card offer: picking the right one out

In the fast-paced modern world, credit cards - one of the world's coolest inventions - are absolutely helpful and are enormously convenient and safer than cash. And for a college student it is a pretty remarkable thing. There are a number of firms that provide a college student credit card offer. It enables a student to buy books, dresses, and pay back when you have the money. It is more suitable for some reservations and expenses like booking hotels, flight tickets, making some other large purchases. It can be useful in case of emergencies as well as provide advantages such as purchase protection and travel insurance. It also helps you to establish a fare credit history and consumer credit report.

If you were to compare the umpteen number of credit card application online, you'll find about as many rules and regulations. This is also same in the case of college student credit card offer. And, to confuse you even more, these rates and rules can change. The change depends upon everything from the world of economy to whether or not you make any default in paying bills on time. They offer you low interest rates, while some even give you travel awards. As for a student, there should be a long list of rewards like very low interest rates for short term periods, a lower APR (Annual Percentage Rate) than standard cards, access to cash machines, free vouchers, zero annual fees, or the opportunity to sign up for on line banking. Other things a student will look into are discounts on things, like pizza or CD or travel rewards.

As in every case, there may be demerits too in obtaining a credit card offer online. Interest over a period of time may be huge, especially if you only pay back the minimum amount per month which is likely as most students have never attended a course in finances before and soon, most students will be up to their eyeballs in credit card debt.