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Credit Cards-Beginning Student Cards. Student Card  For the next segment we are going to talk about Student Credit Cards.  Student Cards are Credit.

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Presentation on theme: "Credit Cards-Beginning Student Cards. Student Card  For the next segment we are going to talk about Student Credit Cards.  Student Cards are Credit."— Presentation transcript:

1 Credit Cards-Beginning Student Cards

2 Student Card  For the next segment we are going to talk about Student Credit Cards.  Student Cards are Credit Cards issued by banks specifically for students.  Banks like to encourage students to get Credit Cards that are fitting for them so this is a very popular card in the marketplace.

3 Student Card  Student Cards can be great for students to help build their credit!  Generally a bank will issue a Student Card with a low Credit Line.  A Credit Line of $500-$1000 is a general range of what the bank will give for a Student Card.  This is of course to limit the banks risk in issuing the card to Students.

4 Student Card  A Student Card is generally easy to get for a student.  It can be a very helpful card to build up your credit if it is used properly.  For students it is a better option then a secured card because you do not have to put down a deposit for the card.  This is of course makes it easier for a student who does not have money lying around to give to the bank for a deposit.

5 Student Card  The main advantages of a Student Card is the ease of approval for getting the card.  There is also generally low or no annual fees with Student Cards.  The main disadvantages is the low Credit Line that will generally be given for the Card.  Another disadvantage is that Student Cards, Like Secured Cards, have very few benefits.  There are Student Cards which have greater benefits then others will.

6 Student Card  This of course also applies for Secured Cards.  The Student would have to decide which Card is best for him based on his credit situation.  If used properly a Student card can be very helpful for building up credit. It is a great way to start a students credit off right and only continue to improve on it.  Building credit responsibly when you’re a student only helps you for life!

7 List of Student Cards  In no particular order this is a list of Student Cards that are available in the marketplace in the USA:  Citi ThankYou® Preferred Card for College Students  Discover it® Chrome for Students-New! Good Grades Rewards  Discover it® for Students-New! Good Grades Rewards

8 List of Student Cards  Journey® Student Rewards from Capital One®  East West Bank College Rewards  Comerica College Rewards  Bremer Bank College Rewards  KeyBank College Rewards  Wells Fargo Cash Back College Visa Card

9 List of Student Cards  Regions Bank Student with Rewards  US Bank College Rewards Visa  Regions Bank Student

10 List of Student Cards  This list was sourced from: https://www.nerdwallet.com/student-credit-cards https://www.nerdwallet.com/student-credit-cards  This list may also not be a complete list of all Student Cards that are available in the Marketplace in the USA.  We hope this guide to Student Cards was helpful for you!


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