In countries like USA, Canada, and the UK where college education is expensive, a student credit card proves to be handy in the event of a huge cash crisis. Student credit cards are useful in situations when students desperately need money to pay off their expenses. Major credit card companies like American Express, Visa, and MasterCard offer student credit cards with various incentives. Many credit card companies offer student credit cards with low interest rates and good offers.
Choosing a Good Student Credit Card
Any credit card company that issues a student credit card with low or no interest is good enough. Look for the best student cards – those that lend money at a cheaper rate and for a longer term. Most credit cards offer funds starting at the rate of 19% and higher for students. A personal bank loan can even be in the range of 6%, provided you are eligible for it. Several on-campus sources like student unions, departments, and the university itself along with some private sources, offer scholarships and hardship bursaries.
Many students prefer to own more than one credit card which has its own pros and cons. However, some na