Special Credit Cards for Student
Advertising Disclosure
Credit-Land.com is an independent, advertising-supported web site. Credit-Land.com receives compensation from many credit card issuers whose offers appear on our site. Compensation from our advertising partners impacts how and where their products appear on our site, including, for example, the order in which they may appear within review lists. Credit-Land.com has not reviewed all available credit card offers in the marketplace.
Credit Card Applications » Research » Guides » Building Credit History » Special Credit Cards for Student

Special Credit Cards for Student


Updated: December 26, 2012

By
Add to Favorites:

A person with a bad credit history is one who was or is at default while a person with no credit history is the one who never had a record of credit in the past. With the slight difference, having no credit history is just as bad as having a bad credit history.

Students are normally the biggest population of consumers with no credit history yet and are having difficult times applying for a credit card. Why so? It is because lenders or credit card companies don't have any basis yet of their creditworthiness. Would this mean to say then that they could never have their own credit cards? No. They still can have their own credit cards.

Here are just some ways or alternatives for students who would like to obtain a credit card:

  • One can apply for a bad credit credit card. As its name implies, this card is especially designed for people with bad credit history but is not limited to that purpose. Bad credit cards can also be an option for students without credit history yet. When you opt for this card, just be reminded that the interest rates could be higher than the regular cards due to the issues of risk.
  • Go find a specialist card. This type of card is especially designed for the very purpose of providing credit to students. Again, like the bad credit credit card, the rates are higher than the regular cards due to risk issues as well. The credit limit is actually very low but it is a good place to get started.
  • Convince a parent or a person you know to be your co-signer. When you opt to have a person not related to you as your co-signer, just make sure that he has a good credit standing for higher possibilities of getting approved.
  • Lastly, you can go for prepaid credit cards. It works like a regular card when it comes to purchasing except that you can only spend what's in the card. This type of card is deemed the best by a lot for students since it spares the cardholder or the parents (when they co-sign) from sky-high interest rates.

Whatever type of card you go for, it is important that you ask yourself whether you'd be able to manage it or not. So long as the card fits your needs then it is the right card for you.

Add to Favorites:
Get the latest news, articles and expert advice delivered to your inbox. It's FREE.

Related Research:

Credit Card Tips For Holiday Shopping 2016

By Herbert Moore, Posted: November 23, 2016

November and December are the busiest months as gift shopping reaches its peak. People rush around looking for the best gifts and the best deals leaving a lot of money in the shops. Holiday season may force you to go over the household ... Continue reading

Credit Cards to Save More on Holiday Shopping

By Herbert Moore, Posted: November 22, 2016

Discounts and special offers are available all year round. Werther you are a bargain hunter or an impulse buyer, make sure you check online discounts and special offers. Also, if you are a cardholder, see if your credit card opens the door ... Continue reading

How to Get Free Wi-Fi in the Air

By Herbert Moore, Posted: September 28, 2016

Sometimes in-flight Wi-Fi is the bare necessity when you travel abroad or within the country. However not all airlines offer free in-flight Wi-Fi. There is only a couple of airlines that will allow you to use Wi-Fi ... Continue reading