A blog about best credit cards
Student credit cards often have sky high interest rates and lots of hidden fees, so learn how to read a credit card offer and examine all your offers for "gotchas. " Pick a credit card with the lowest possible interest rate and no surprises hidden in the table of fees. Then learn how to use a credit card sensibly. Using the credit card to buy a small amount each month is a good idea as long as you pay the balance in full at the end of each cycle. (After all, how are you supposed to show that you know how to be a responsible creditor if you never use your line of credit?) If you let your balance roll over from one cycle to the next, reduce the amount of interest your account accrues by paying substantially more than the minimum payment each month.