OPTION #1 – The Prepaid Credit Card
Any smart college student knows that credit cards can get you in trouble if you don’t know how to manage your money. Yet our society is so dependent on them now that everyone needs to have a good credit history and the only way to get that is by having a card. During your college years is the first time you will seriously think about getting a credit card and start trying to figure out what options you have.
One of the best starter credit cards for any student is the prepaid Visa RushCard. This card offers applicants a 100% GUARANTEED APPROVAL and you don’t need any prior credit history to get one. The RushCard is specifically for U.S. consumers, like college students, who don’t have any established credit.
This is a prepaid Visa card so you can’t get into any kind of credit trouble as all you can spend is what you put in. You will never get charged any fees of any kind and you will have the convenience of being able to pay by a card and not have to carry cash with you all the time.
One of the great features of RushCard is that it can start to build a credit history for you if you use the card to pay your utility, cable, telephone or any other recurring bills every month. You will be getting that credit history established and not having to worry about getting accepted for a regular credit card. Sometimes getting your first card can be tough and then learning how to manage it even tougher. With the RushCard, you will have the opportunity to start your credit history without worrying about anything else.
Once you are in college you are an adult and you have to start thinking about a lot of things that will impact the rest of your life. Finding jobs for college students and being able to pay your own way in life is hard when you are just starting out with little work history or credit history behind you. The RushCard is a great first step toward establishing credit and it is perfect for students who don’t want any of the financial risk that can accompany a traditional credit card.
OPTION #2 – The Discover Student Credit Card
If you want a real credit card that is designed for students, the Discover student credit card is a great first card to get. There is no annual fee and you get the 5% cash back bonus at the end of the year that Discover is famous for:
5% Cashback Bonus in categories like travel, gas, groceries, restaurants and more
- 5% to 20% Cashback Bonus through ShopDiscover, our exclusive online shopping mall
- Up to 1% unlimited Cashback Bonus on all other purchases automatically
- No annual fee