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Friday, July 14, 2006

Student Credit Cards

When finding the best student credit cards, it is imperative to seek out the lowest interest rates that you can find.

This is really obvious, but nonetheless needs to be stated.

Many credit card companies will offer 0% teaser rates for the first six months. Beware of these rates because they're often followed by exorbitantly high interest rates and then you are stuck.

It is most certainly not uncommon for students to carry balances for more than six months, so I suggest that you avoid this option. It will most likely be better to find a good overall rate the student can live with for a number of years.

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