Applying for Financial Aid: Student Credit Card Basics

2. There is one more type of credit card that is a secured college credit card. It

resembles some kind of the debit card. It allows students put and withdraw money any convenient time. The best pro of such cards is the possibility to put money on it. Another important advantage of the secured credit card is the absence of the interest rate because they do not have credits given by the credit card issuer. Some credit cards for college students offer particular recompense programs. Like any other usual credit card, those for students with special recompense programs have an APR. As usual, APR of such cards is higher than APR of the cards without recompense programs.

Applying for Financial Aid: Student Credit Card Basics

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