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Thursday, 8 March 2012

Student Credit Cards 0 % APR

Where Are 0% APR Student Credit Cards?

Building your credit for the first time can be a challenge. First, you're going to find that some banks want you to have credit, but if you're new to the game, how the heck are you supposed to have credit? It just doesn't make any sense! If you're looking to get a first time credit card, I would advise that you go down the student credit card route.

Now, if you're already looking for student cards, you're going to find that you will more than likely want a card that has a 0% interest/APR. Sadly, this isn't going to happen, but you're going to find that if you know where to look, you can get a card that has a great introductory rate.

You don't want to be the students that see 0% on the application and instantly think that that's what you're going to get, because this isn't the case. You're going to find that many credit card companies are going to do everything in their own power to get you to sign up, hoping that you don't read the fine print. Trust me, it works now and it will work well into the future.

The alternatives

I know that credit cards come in handy when it comes to college. You're going to have to put $100s on your card to pay for books, food, and more. While it's going to be a challenge to pay it off in full each month, you're going to find that if you do, you can avoid interest rates all together. So, even if they want to charge you 300%, it won't matter to you since you're not going to pay interest anyways.

Your best route

The best thing that you're going to be able to do is take advantage of the introductory rates. Most of the major banks today such as Discover, Citi, and others are going to give you an intro rate for the first 6 months. Always make sure that you read the application to know what you're getting yourself into. While 6 months doesn't seem like a long time, it's a lot better than nothing.

The best place to find these cards is simply by using comparison sites, or heading to your local bank. In today's economic climate, you more than likely won't find a card that gives you 0% for life. Once that card does come to market, you can bet that everyone will flock to it one by one.

Whether you're looking for a 0% APR student credit card or a card for first time use, be sure to check out the "best" list of student cards at FindCollegeCards.com.

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