For Students Cash Back College Card With No Annual Fee
One of the great benefits of credit cards for students is the ability to establish credit history early in life. A credit card for a student with no prior credit history will provide a student with the same benefits as an adult with a credit history. The main benefit is the ability to establish credit so that one can make purchases at a later date when they are in need of larger purchases. Some of the advantages of credit cards for students are as follows:
Students have limited or no access to credit cards for emergencies. However, many credit cards for students offer emergency service plans where they can purchase items such as fuel and even pay their bills during an emergency. It is always a good idea to read all terms and conditions of any credit card offers. This will include any fees associated with the credit card, statement balance transfer bonus, and introductory offers that are available. Most good credit cards for students are reported to the credit bureaus as being student approved. This means that all payments will be reported accurately to the credit bureau making it easier to monitor and track all purchases.
Students who use credit cards for students generally do not use them to make large purchases such as electronics. Most students carry around a notebook or black and white book with them, which usually contains a fairly large amount of purchases. If a student uses a credit card for a purchase and the purchase is not paid for on the same day, most credit cards for students to have a grace period of a few days to give the purchaser time to pay. A student chrome card may be a good choice if the student expects to make frequent purchases for books, electronics, and clothing. It is also a good credit card for students if they plan to use the card to build their wallet and pay their bills on time.
The following credit cards for students are offered by Wells Fargo:
The Rewards Centennial Card from Wells Fargo rewards the consumer with one free airline ticket if the customer earns five percent on their first purchase within a two-year period. The Rewards American Express Student Credit Card is also great student credit cards for students. They offer no annual fee and offer one point for every dollar charged. The Rewards Plus American Express Student Credit Card from American Express gives no annual fee and gives five points for every dollar charged. Rewards Plus also offers a zero-percent ARP from American Express for many of their rewards programs.
You can build your credit quickly and easily when you use a student credit card to make purchases. Using your card wisely is the best way to build your credit. Keep in mind that the rewards are a very small part of the total rewards that you get from using a credit card. They only pay off your debt in a few years. Also, if you use your card wisely you will be able to pay it off without having to rack up an excessive amount of interest.
Wells Fargo Cash Back College Card
When you use your student credit card to make regular purchases such as gas, groceries, office supplies, etc., and you pay on time every time, you earn points and these points accumulate to actual cash back rewards. The more of these you accrue, the better your credit looks. Over time, you will find that you pay much less interest on your bills, because your payments are now made in cash-back form. And, since you have built your credit rapidly with a Wells Fargo cash back college card, you can then decide what you want to do with your credit.
This is just a quick full review of a couple of the student credit cards from Wells Fargo. There are many more to look at when you research the internet. You will want to find a card that offers you both flexibility in your spending habits and the rewards for doing so.