A place to share thoughts on best credit cards
The first limitation should be on the credit limit to discourage binge spending and develop responsible spending habits. The student away at school will learn quickly that it is far better to save the credit card for necessary purchases such as books and school supplies rather than squander the entire card limit on frivolous expenditures. The credit limit issue can be revisited and perhaps revised once the student has demonstrated responsible credit behavior and developed good payment habits. It would also be a smart idea to teach the student how to make online student credit card payments. Since our society grows more technology driven by the day, all bill payments will eventually be made online and students should be prepared for that.