Are you students, hmm………maybe planning to have credit card should be considering. But before you apply for a credit card we are going to review a few cards, what the cards offer and how it can lead you into debt. Because actually the difficult things if we speak about the credit cards are “how to choose the right credit cards that suitable for us”.
Well first we speak about the City Cards, actually here some card that offer from this cards, such as the Dividen Citi Platinum Cards this card is offer for college students, because this card offers a 0% Intro APR up to six months and 5% cash rewards on qualified purchases, including purchases at pharmacies, gas stations, and grocery stores. So here you have an online accounts and there are 0% liability on fraud purchases and no annual fees. But here you should know thet here any trial periods, so if the trial periods is over you will have increases on your APR. The Variable Rate will increase after the trail to 16.99%, with the Standard rates being 21.99%.
Well here you must be aware that the cards Variable rate is subject to increase to 30.99% on default rates. The finance charges is average being $0.50, and all purchases in foreign countries will add a 3.0% charge. Transactional fees on cash advances is 3.0% and the smallest amount is $5 per charge. Another 3.0% fees are applied to balance transfers, with the smallest charge of $5 and max of $75. Hmm…f we seen like this, actually there a lot of threats that gonna make you have some difficulty insides. Why I can say like this because if you fail to make your payments on time you will also pay fees, as well as overdraft fees. Well here you may want to ask your self if you are responsible enough to maintain a stable balance in which you can repay.
But there another types of credit cards that you can consider are Discover Student Classic Cards. This card is designed to help students build credit and includes 0% Introductory APR, no annual fees, 5% cash rewards and receive additional bonuses through the cards program during each year. A 1% cash reward is offered on all other purchases. And this card has lower interest. Besides that this card offers 15.74% APR after the trial.
Actually all credit card is the same, and success in using a credit card depends on the use, how he can manage the expenditure. Card should be used to pay bills to avoid late fees, or shutoff notice, to pay rent, buy food, gas to go to school, school, and use it to pay for car insurance or car repairs. Do not you ever use your credit card just for shopping your activity, if such you must have a limit in your shopping.