College students basically are still in school, do not have a stable job or regular work and may even be paying for student loans. Often times it is hard to secure regular credit cards for students and this is why credit card companies came up with a convenient credit card service to help college students survive studying in a university. This is called guaranteed credit card approval for college students. Here are some of the features of this card:
First time credit card guaranteed approval is the offer usually provided for college students that are applying for their very own card for the first time.
Of course it is known that people, especially young people, that secure their own card for the first time may have the tendency to splurge and spend. This type of card has easy payment terms, low interest rates and easy payment options which fit spending activities of teens and college students.
Students will enjoy shopping with their very own card and paying for it too.
Most college student credit cards have no annual fees, no late payment fees on your first incidence, no foreign transaction fees and no over limit fees. Students may also use these cards to establishments that accept their cards and get cash back offers with no additional sign-ups need.
Most guaranteed credit card approval for students take a few minutes to complete.
The card will be sent to the student or the company may phone the student to claim it in an office. Students may also avail of phone support, email and chat support for all their concerns about their credit cards. They may also use free text alert features to remind them of their payments. Some credit cards even have a downloadable app specifically for members to help them with making due payments.
Students need to rebuild their credit status to be able to qualify for bigger credits and loans in the future.
These loans could be housing loans, car loans, personal loans and a higher credit card limit. Rebuilding their credit status will also help them graduate to a regular card with all the features for regular members.
Users will get to use free FICO credit score results that may be viewed online. Students could track the improvement or the progress of their credit score this way.