For a student interested in building their credit history and getting rewarded for regular purchases, a college student credit card is your best bet. Student credit cards are an effective method for a student to build their credit history while still studying. These types of credit cards also come with exclusive features for their users like fraud protection, travel accident insurance, auto rental insurance and travel emergency assistance. They also offer discounts and rewards for shopping at certain merchants and retailers. Rewards can also be earned if you use specific card at certain book stores, record stores, video rental stores and movie theaters. Also some college student credit cards reward their users for making timely payments and keeping a high score.
Citi mtvU Platinum Select Visa Credit Card for College Students
For a college student interested in a credit card with excellent rewards while building your credit, then Citi mtvU Platinum Select Visa card is an ideal choice. You can use the points earned from this card for getting gift cards, CDs, VIP mtvU Spring Break Passes, tickets to the MTV Video Music Awards, airline tickets and rebates on purchases at the MTV online store and the MTV New York City Store. Every dollar spent at select restaurants, bookstores, record stores, movie theaters and video rental stores fetches you 5 points. For making timely payments, you get 25 bonus points and maximum of 2000 additional points per semester for keeping a high GPA. It offers various platinum benefits besides an interest free introductory period and no annual fees.
Citi Driver’s Edge Card for College Students
For a college student who drives regularly, the Citi Driver’s Edge Card for College Students credit card is the best one. It gives users points for each mile driven along with purchases made. These points can be redeemed towards the buying or leasing of either a new or used vehicle. You get $1 per 100 miles driven and the rebates can be utilized for making payments, maintenance, service and repairs on your vehicle. Along with getting points for driving, you also get a 3% rebate for shopping at supermarkets, drugstores and gas stations and 1% for all other shopping. It also comes with an interest free introductory offer for 6 months and no annual fees. However the interest rate is slightly higher than the average after the introductory period ends.