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The Benefits of Credit Cards for College Students

Written by: Bill Matthews

Nearly every major lender offers credit cards for college students that are specifically designed for younger people in school who don't yet have a line of credit. Because no credit history or minimum income requirements are needed in most cases, the annual percentage rate (APR) may be higher than other types of cards, so it's important to do your research when shopping for credit cards for college students.

Some of the more attractive benefits of most credit cards for college students include:

- No annual fees
- No minimum income
- No previous credit history required
- 0% APR for an introductory period
- Various rewards programs









 

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