Credit card rewards are the key to unlocking amazing travel experiences, between huge credit card welcome bonuses, and valuable card perks. I know that applying for credit cards when you’re in college can be daunting (goodness, I graduated from college over 10 years ago… time flies).
Continue reading: How To Get Approved For Credit Cards As A College Student
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"...Instead consider a college credit card. These are cards that likely won’t have much of a sign-up bonus"... WRONG... T-Shirt baby, come and get your FREE T-shirt!!!
Dear Ben, do you agree that this is point where the situation in Germany is better?
Many reports show that you can get the Amex Platinum as a student without employment. Seems that as long as you are willing to pay the annual fee of 660 Euro, they take almost every one with referring bonus up to 90k MR. Never heard from someone being rejected.
When I ever start working in the US, I will use the Global Transfer Program to build up a US credit history quickly.
A friend did a lot of internships following consulting work in the US, staying most of the time in Marriott properties, earning lifetime Titanium. I admit I am jealous. When in Germany, he pays everything with his Bonvoy Amex earning ?x points without foreign fees.
This is probably the most irresponsible post I have seen from you, Ben. Getting college students into the credit card game is outrageous. Eighteen-year-olds, for the most part, do not have the financial literacy to take on the responsibility of revolving credit lines. Please stop. This is really beyond the pale.
Strongly disagree. Better to start as young as possible, learn the ropes, and make small mistakes early on to learn the process (before it matters with a mortgage and car loan).
As for lack of financial literacy, this should be a discussion on whether this should be taught in schools. I personally started as soon as I turned 18, and am glad I did so