Student Credit Card Rewards
By FederatedCreditCards.Com Copyright © 2008 |
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Student rewards credit cards can be extremely useful, since college students are more often than not, short of cash. Some of the bonuses and rewards offered by these card are: discounts on gas, car maintenance, rebates on leasing or purchasing a vehicle, travel benefits, such as car rentals, airline tickets, hotel stays, discounts on books, and other school related materials, --just for a few examples. It's important to determine which student rewards credit card is the most beneficial to your needs, both with savings, and possible expenditures.
One excellent example of a very useful student rewards credit card is the Discover® Student Card, which offers a 5% cash rebate on purchases made in variable categories, usually popular items that appeal to students like travel, apparel, gas, restaurants, movies, and more. A 1% cash rebate is provided for all other purchases. Some cards only offer a 5% cash back rebate on certain categories as an introductory offer, whereas after six months, the rate lowers, and 1% cash rebate is provided for all other purchases, that lasts through the introductory offer, and as an ongoing rate.
Other student rewards credit cards offer mainly rewards geared towards vehicle purchases, leases, gasoline purchases, car maintenance, and so on. Sometimes this is offered in a point rewards system, while others are based on cash rebates which can redeemed as money off a purchase. It's up to the individual to decide which student rewards credit card suits one's needs the best, and as prudently as possible, reviewing each of the terms and conditions separately, and comparing offers.
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