If you are a student, maybe a Credit Card could be useful, to make purchases online, activate domestic services or services that can not be paid by money order, rent a car if you have to travel and more. Here are the best tips on how to get a Credit Card for college students.

  • To perform some operations it is very convenient, even essential, to have a Credit Card, especially if you are a student outside the immediate support of someone else, even if you do not have liquidity in your current account. We advise you some tips on how to obtain a Credit Card for university students.
  • Become an authorized user in your parents’ account.
    • Although in the first instance you want to feel emancipated in a certain way, try to handle the direct responsibility that gives you being an authorized user of your parents’ account, you will publicly demonstrate that financial education is becoming your ally.
    • Even some organizations of financial education and consumer debt service recommend this step as one of the first. And many times if your parents have a good credit limit you will be driven as a benefit. Becoming an authorized user has long been a popular option for students who aspire to create good credit, for some it may now be the only one option.
    • As a result of the Credit Card Act, people under the age of 21 must now have a guarantor or show proof of independent income if they wish to obtain approval for a card in their own name. In any case, the simple fact of knowing how to obtain a Credit Card for university students will make it easier to obtain it. In short, that means that if you can not prove to the issuer that you have the means to pay your balances, you probably will not get a card.
  • Open your own Credit Card.
    • If you can provide proof of income, it may be time to request a card in your name. We inform you that things have changed since the days when every first-year university student’s mailbox overflowed with credit card offers and card issuers rained free pizza and t-shirts to the students who submitted the application.
    • Most issuers are no longer clamoring to put a Credit Card in the hands of all college students. You should also know that when you receive a credit card that is yours, one without co-signers, the responsibility to handle the card wisely and pay off your debts falls directly on your shoulders. For that you can click on Financial Education.
  • Do you know how to use all the benefits of your credit card?
    • Get the Right Credit Card.
      • Once a student can qualify for a regular card on their own, it is important to remember that not all Credit Cards are the same.
      • Before a student applies for a Credit Card, “you must research to find a card with the most benefits: a lower interest rate, no annual fees, reasonable credit limits, and clear billing policies.” As recommended by experts in financial education, consult Citibanamex. If you think you can carry a balance, opt for an interest-free and low-interest credit card. However, if you pay the account responsibly and on time, you will eventually qualify for a regular Credit Card.
      • That includes student credit cards that are products that are directly targeted to consumers who may lack a significant loan history.
      • Use the Credit Card for occasional and small purchases.
      • Since the responsible use of the card and timely reimbursements will help you build a good credit history, while discouraging the bank from closing your account due to inactivity, do not leave that plastic in your wallet.
      • Avoid large purchases, except in case of emergency.
      • A Credit Card is a valuable financial tool. Students must be able to manage their Credit Card responsibly and keep their debt levels low as this will ensure that if there is an emergency expense, they will have access to a large amount of their credit line.
      • This way, if you drop the tire or your phone falls into the toilet, you can buy a replacement without exceeding your credit limit. In this hypothetical case, you should not ask yourself how to obtain a Credit Card for university students, but rather try to obtain the following:
      • Pay your balance every month.
      • When you build good credit for the first time, do your best not to load a balance on the card. Use the card only for purchases you can afford and redeem the balance at the end of each month. What happens if you can not? You are living beyond your means and you should not make those purchases.
      • Pay all your other accounts on time.
      • Keep up to date even up to any fine you have, your insurance or mandatory payments so that you have a completely clean record and that produces unlimited access.
      • Do not use your friends as guarantors or responsible.
      • Consumer experts have a tip for you: do not do it. That’s because when a friend sneaks out, by taking on too much debt or losing payments to the bank, the confirmer can quickly see his own credit ruined.
      • Do not request several credit cards at the same time.
      • Now that you have credit in your own name, do not go crazy. If you apply for too much credit in a too short period of time, your credit score will decrease.
  • Get your Bsmart Credit Card.
      • conclusion
      • By knowing how to obtain a Credit Card for college students, you can have a valuable financial tool in your hands, which will consolidate you for other additional financial opportunities over time and taking into account that in principle being a student you must manage responsibly, We recommend investing in Financial Education.
      • Knowing how to obtain a Credit Card for students through Financial Education will highlight all its benefits and you will get the benefits of the Credit Cards, Citibanamex that have a product called Bsmart U, aimed especially at students; You will make the most of your budget and finances.

If you are a student, maybe a Credit Card could be useful, to make purchases online, activate domestic services or services that can not be paid by money order, rent a car if you have to travel and more. Here are the best tips on how to get a Credit Card for college students.

To perform some operations it is very convenient, even essential, to have a Credit Card, especially if you are a student outside the immediate support of someone else, even if you do not have liquidity in your current account. We advise you some tips on how to obtain a Credit Card for university students.

  • Become an authorized user in your parents’ account

    Become an authorized user in your parents

    Even some organizations of financial education and consumer debt service recommend this step as one of the first. And many times if your parents have a good credit limit you will be driven as a benefit. Becoming an authorized user has long been a popular option for students who aspire to create good credit, for some it may now be the only option.

    As a result of the Credit Card Act, people under the age of 21 must now have a guarantor or show proof of independent income if they wish to obtain approval for a card in their own name. In any case, the simple fact of knowing how to obtain a Credit Card for university students will make it easier to obtain it. In short, that means that if you can not prove to the issuer that you have the means to pay your balances, you probably will not get a card.

    • Open your own Credit Card

      Open your own Credit Card

    If you can provide proof of income, it may be time to request a card in your name. We inform you that things have changed since the days when every first-year university student’s mailbox overflowed with credit card offers and card issuers rained free pizza and t-shirts to the students who submitted the application.

    Most issuers are no longer clamoring to put a Credit Card in the hands of all college students.

    You should also know that when you receive a credit card that is yours, one without co-signers, the responsibility to handle the card wisely and pay off your debts falls directly on your shoulders. For that you can click on Financial Education.

    • Get the Right Credit Card.

    Once a student can qualify for a regular card on their own, it is important to remember that not all Credit Cards are the same.

    Before a student applies for a Credit Card, “you must research to find a card with the most benefits: a lower interest rate, no annual fees, reasonable credit limits, and clear billing policies.” As recommended by experts in financial education, consult Citibanamex.

    If you think you can carry a balance, opt for an interest-free and low-interest credit card. However, if you pay the account responsibly and on time, you will eventually qualify for a regular Credit Card.

    That includes student credit cards that are products that are directly targeted to consumers who may lack a significant loan history.

    • Use the Credit Card for occasional and small purchases

      Use the Credit Card for occasional and small purchases

    Since the responsible use of the card and timely reimbursements will help you build a good credit history, while discouraging the bank from closing your account due to inactivity, do not leave that plastic in your wallet.

    • Avoid large purchases, except in case of emergency.

    A Credit Card is a valuable financial tool. Students must be able to manage their Credit Card responsibly and keep their debt levels low as this will ensure that if there is an emergency expense, they will have access to a large amount of their credit line.

    This way, if you drop the tire or your phone falls into the toilet, you can buy a replacement without exceeding your credit limit. In this hypothetical case, you should not ask yourself how to obtain a Credit Card for university students, but rather try to obtain the following :

    • Pay your balance every month.

    When you build good credit for the first time, do your best not to load a balance on the card. Use the card only for purchases you can afford and redeem the balance at the end of each month. What happens if you can not? You are living beyond your means and you should not make those purchases.

    • Pay all your other accounts on time

    Keep up to date even up to any fine you have, your insurance or mandatory payments so that you have a completely clean record and that produces unlimited access.

    • Do not use your friends as guarantors or responsible.

    Consumer experts have a tip for you: do not do it. That’s because when a friend sneaks out, by taking on too much debt or losing payments to the bank, the confirmer can quickly see his own credit ruined.

    • Do not request several credit cards at the same time.

    Now that you have credit in your own name, do not go crazy. If you apply for too much credit in a too short period of time, your credit score will decrease.