We have recently added many new credit cards, including a wide range of prepaid debit cards.
Prepaid cards typically won’t earn you cashback, but they will help you build credit to qualify for cashback credit cards in the future. When you don’t have credit you have to start somewhere.
We’ve also added more student credit cards, including a Bank of America student credit card. This card helps you earn cashback towards a college education which is often the best investment you can make.
Plus there are several other credit cards throughout the website. More changes are on the way.
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Until recently students only qualified for the most basic credit cards. Even those were accompanied by a high interest rate. Due to tough competition among the credit card companies, students were gradually offered better credit cards. These days students can even get the most rewarding card – a student cash back credit card.
While a young person is away at college or university, budgets are often rather limited and saving extra money can help a lot. Although most student cash back credit cards only offer 1% cashback, that can still add up to a lot through the school year. With the high cost of post secondary schooling, every bit helps.
Some people may think students are too irresponsible to have their own credit card. This may be the case for some students, but it is most often due to a lack of education and guidance. So if you are the parent of a college student, make a point of teaching them about proper credit card management. They just have to understand that a credit card should only be used when you can afford to pay it off or in the case of an emergency. Then encourage them to apply for a student cash back credit card to help with the financial burden of school.