When starting off with your credit career, many young adults don't know where to start.
In fact, many think they have to get either prepaid cards or secured credit cards to build their credit history.
This couldn't be further from the truth.
If you're in college, you already have the advantage over young adults your age that aren't attending college.
Why is this? Credit companies love those that attend college because it shows that they have responsibility and they want to take action in life.
Today, I'm going to give you some tips on how you can find the best college credit card on the market.
I'll point out a few things that you should look out for when doing your search.
Rewards - Yes, rewards can be found with student cards.
Look for a reward that you can take full advantage of.
Whether it's gasoline or travel, there are rewards for everyone.
Most young adults think that they can't find a card with rewards but this is not true.
No annual fee- I would recommend you look into getting a card that has no annual fees.
There are plenty of them out there.
With an annual fee, you're going to have to pay this rate regardless if you use the card or not.
It's a safe bet for you to find a card that won't charge you any fees.
Low APR - If you don't plan on paying your card off in full each and every month, I would advise you look for a card that has a lower fee.
This interest rate is going to be tacked onto the amount you don't pay.
So, if you had a $500 bill and you paid $250, you'll pay interest on $250.
Hopefully by now you have a better understanding on what to look out for when you're looking for a student card.
Do your research and find the card that best suits you.