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22/02/2017 9:19 am
Hi, this fall I’ll begin my undergraduate studies and I would need to get a credit card for various reasons.
Some people told me there are credit cards made especially for students like, for example, State Farm Student Credit Card (and many others). Do you think I should get one of these? And if so, which is the best?
Or should I just stick with a ‘normal’ credit card? What are the pros and cons? Many thanks for the info!
Cheers!
23/02/2017 10:27 am
In my opinion, yes! These cards are made especially for students and can be extremely helpful.
With State Farm for instance you don’t have to pay any annual fee, you get many point rewards and various student discounts and the interest rates are also rather decent. Give it a try!
24/02/2017 9:02 am
Come on, there are so many better cards than the ‘student ones…’ They try to tempt you with these student discounts and all, but if you read carefully what they give in terms of rewards and stuff like this it’s really not very much…
If I were you, I’d check carefully other available options and calculate things according to your needs. Don’t do things in a hurry and from hearsay, you might regret later J
27/02/2017 7:18 am
I totally agree with Jack, I don’t think there are such great deals in these student cards after all…Well, maybe the interest rates are sometimes lower, but not significantly and the rewards are almost never very substantial. I’d check around other options first, there are so many great possibilities with high rewards, cash back and so on! Make sure that you check the annual fee too though, some cards have a pretty high one. But you will find many options with no fee at all, I’m sure
02/03/2017 10:23 am
I never had a student credit card even when I was a student and I don’t think I missed anything. I remember once I received some offer online (can’t remember now the bank) but it didn’t seem so great so I went for a regular card.
But who knows, maybe now there are better options, read all the details of these cards and if you don’t understand something, better call the bank. But remember that all banks want to advertise their cards, so take what they say with a grain of salt!