How Chase Credit Cards For Students Can Ease College Finance Worries

College students are exposed to many new experiences, including the wonderful adult world of financial responsibility. Rewards: Earn 2X points on dining out and entertainment, and 1X points on all other purchases. Aside from getting trapped in debt, there are a couple of ways you could end up ruining your credit score with a student credit card. The Journey® Student Rewards from Capital One®is a great student rewards credit card focused on making on-time payments.

If you do need a credit card because you don't eat three times a day and you don't even have money to pay for transportation or pay for your laundry, then it may be time for you to get a student credit card. If a student is the primary owner of their credit card, it will help them build credit through regular on-time payments.

Earn 3 points per $1 spent on insurance premium payments with State best credit cards 2020 Farm, up to $4,000 annually. To return to your original APR, you'll need to make several consecutive on-time payments. Using a credit card makes overspending easier, especially if the student owes several hundred dollars already.

Finally on our list of student discount cards is one for travellers. And while some students may choose not to apply for a credit card at all, others may be swayed into a particular card by a sales representative on campus promising freebies like a complimentary t-shirt.

By closely examining the advantages and drawbacks of student credit cards, young adults and their parents can make the right choice for their needs. Here's what you need to know about whether or not your student can get a credit card and how to talk to them about responsible credit card use.