What is a Student Credit Card and Does It Help Build Credit?
Student credit cards come with several benefits. The main advantage is that a student card is a great way to help build credit.
What is a Student Credit Card?
Student credit cards are targeted towards college students and are designed to help them start building credit. Eligibility requirements are lower than they are for many other types of credit cards.
Who Should Get a Student Credit Card?
These cards are handy for students aged 21 and older who aren’t employed. If you are between ages 18 and 21, most credit card issuers require you to either have an income or to have a parent or other adult co-sign for your card.
How to Get a Student Credit Card with No Credit History
Even if you have no credit history, it can be possible to obtain a student credit card. These cards expect you not to have much credit history. If you have a stable income, that can often replace credit history.
What are the Requirements for Getting a Student Credit Card?
Identifying information
Income sources or financial resources
Monthly cost-of-living information
How to Find the Right First Credit Card
1. Look at where you currently bank
2. Look at available offers
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