As a student, growing up to be financially independent is something everyone wants to do. To this end, building a good credit is one of the imperative factors because this is what qualifies one to get loans, car insurance, mobile phone plans and much more. This also determines if you get a job and the kind of job you get. Financial experts recommend that students who are authorized users of their parents accounts, open up an own credit card account, get the best student credit card. They can use credit cards for small-time purchases, pay bills and credit card balance on time, not co-sign with friends and not apply for more than one bet student credit card at a time. These help a student build good credit over time. When it comes to the best student credit card, especially the lending institution should charge low fees, moderate APRs, and benefits that appeal to college students. Some of the best student credit cards include the following: Journey Student Rewards from Capital One: This is the best student credit card, polls say, for college goers. This is perfect for those students who have a good enough credit score and prefer cash back credit cards.

Prepaid cards are like credit cards, but technically they work like debit cards. With prepaid cards, you spend own money loaded in advance instead of a bank’s money. There is a large number of prepaid cards available in the market; however, it can be quite confusing to find the most popular ones that perhaps regularly feature among top 10 free prepaid cards. Prepaid cards carry various hidden charges; however, there are cards that charge no fees or charge very small fees. The following cards can be considered as top 10 free prepaid cards based on the fees charged by them. All of these do not have hidden fees, require no credit check, and do not have any activation fee. American Express Serve American Express Serve prepaid cards are available in three different types. The basic American Express Serve card has the following features: free online bill pay, free early direct deposit, ATM withdrawals are free, over 24,000 ATMs nationwide, and $2.50 out-of-network fee. American Express Serve Plus card offers an additional feature of free reloads over 45,000 locations along with the basic Serve card features. American Express Serve Cashback, along with all the facilities of Serve Plus, offers unlimited 1% cashback on the purchase (while spending in a store).

There’s a whole slew of easy approval credit cards in the market today. Basically, it is very easy for anyone to get a credit card in this age bracket – the requisite is to plug up an easy online application form and issuers will contact the customer within a fraction of minutes confirming whether the card has been permitted or not. If a low credit card score is the only reason which proves as an obstacle in you receiving a credit card, you still have various other options to consider. Once you start using credit cards according to terms and conditions it benefits you in many ways around, for example, if the credit card is used effectively and you own it with responsibility, it improves your credit card score further which makes it easier for you to apply for other credit cards. Credit card scores play a vital role in determining your eligibility as an applicant. If your credit card score lies between 650 to 699, it indicates that your credit score isn’t up to the mark, but there is nothing to worry about it. You can easily find the best solutions here which help you out to get a credit card with no trouble.

Credit cards charge high interest that cut into the savings and household finances and cleans out your balance, making it difficult even to make monthly payments. To handle this problem or you can say to reduce it, some people turn to 0 interest on balance transfer credit cards. They move the high-interest balance to a single card that charges low or no interest at all for a certain period often 12 to 18 months. Credit card issuers have been using 0 interest on balance transfer as a marketing strategy for years now. Many have been using this as a method of transferring the balance until the debt is paid off. A study in 2000 concluded that 17% of the credit card balance is transferred annually with this method. All the cards are not the same; some offer this for a longer period than others. It is a rare case that you will find a card that does not charge 0 interest balance transfer fee. Credit card companies make 0 interest on balance transfer offers because they want to steal business from their competitors. So, it makes sense that the banks will not let you transfer balances between two credit cards offered by the same bank. If you have an airline credit card or a store credit card, just make sure you know which bank issues the card before you apply for a balance transfer.

When it comes to student credit cards, credit score is never an issue. These credit cards are made for students who have no credit history. Credit card companies are interested in providing students with credit cards, due to their potential in earning and the financial needs they will face in the long run. The credit companies aim to have a long-term association with students by offering student credit card no credit. All a student has to do is to provide a proof of independent income to pay the minimum monthly payment for the card. This minimum monthly payment comes to around $10. If there is no such independent income, a parent co-sign is enough. Earning a good credit card is very important as it helps in renting a home, get a car, and apply for loans and insurances after one graduate. A good credit score also helps in landing a job which focuses on dealing with money and security clearances. Let us take a look at some of the best student credit cards with no credit. Discover it Chrome for Students : Chrome doesn’t have an annual fee and requires only a limited credit history that is less than three years of credit history.

Cash back credit cards help you get back a percentage of the money you spend on purchases. Some cards give back a bigger percentage of money for purchases made in specific categories like gas or restaurants or groceries. Some cards give a flat rate percentage in return for any purchase made in any category. When it comes to cash back credit cards, the best deals for the year 2017 include different cards for different reasons. Discover it® Cash Credit Card Discover it® Cash Credit Card is considered to top the cash back credit cards, and best deals being the point of focus here. It does not have an annual fee. At the end of the first year, you automatically get a dollar for every dollar you’ve spent that year. You get a 5% cash back for certain categories that can change every quarter. These categories include gas, restaurants, purchases on Amazon.com and wholesale clubs, just to name a few. There is a maximum purchase limit for each quarter. You also get a 1% cash back on every other purchase. You can redeem the cash anytime you wish to, and for any amount of the total amount, you have collected. The time period to redeem the cashback does not expire.

Usage of credit cards has become general and far-reaching in the modern-day civilization. People use credit cards to pay for everything from a candy to gym equipment to cars. If you have already got some existing credit in your name you might be looking forward to a reward just to pick up a travel credit card. These rewards are bonuses that deliver anything from a stay at a hotel, free flight to your travel destination or even cold, hard cash. The best credit cards for travel rewards are specialized in helping travelers, provide an incentive that extends a point system. In that way, 1 dollar equals one point and if you have a travel credit card you may get double or even triple points when you spend on eating outside or on your travel tickets, all these points pile up and allow you to travel to exotic locations for cheap! The US has hundreds of credit card providers, with so many cards to choose from that it’s a frenzy to choose the right one for you to travel. Here is a list of the best credit cards for travel rewards which are perfect for the average user: Chase Sapphire Preferred Card Subscribing to Chase Sapphire Preferred card you get to earn 50,000 bonus points after spending $4,000 within the first 3 months from the day of account opening.

Consumer behavior saw a change in the preferred payment method for the first time since 2016. Debit cards were the most used, but 2016 marked the year were American consumers preferred credit cards over debit cards. Credit cards are preferred over debit cards for the following reasons: Safety because it’s the bank which pays the money if at all there’s an error or fraud occurs. Credit card customers are offered plenty of rewards from the bank issuing them. Helps in building credit rating and many more. Banks try to sell them more since its profitable compared to debit cards. Any American with a good credit score can avail a credit card with minimum hassle. Even if it’s the other way, there are credit cards that can help them build a decent credit history. Finding the right credit card and using it responsibly is the key to building up the credit history. There are two types of credit cards. Secured credit cards: Secured cards are those were the user deposits a cash deposit and availed the card. Secured credit card reduces the risk to the issuer as they have the deposit at their disposal in case the user fails to make the payment.

Having a bad credit history is a common thing since millions of Americans have bad credits due to several reasons. Bankruptcy, foreclosure, untimely payments of medical or student loan debts are just a few reasons to have setbacks on an individual’s credit score. However, bad credit or a low credit history affects individuals in many ways, for instance, while trying to borrow a home loan, rent an apartment, buy a cell phone, and even while finding a job. While re-establishing good credit scores can be a struggle, there are still ways one can get credit cards with bad credit or less-than-perfect credit scores. One can work on re-building the credit score by availing one such card. Unsecured credit cards: These are the most familiar and common credit cards that are widely used. Here, there are no security deposits in the form of cash and the transactions work on the basis of mutual trust between the card issuer and the credit borrower. The interest rates and credit limits on these cards will be based solely upon an individual’s finances, employment situation and credit history. Although it requires having some established credit scores and is difficult to qualify for unsecured credit cards with bad credit, it is not impossible to get one.

If you wanted to get good credit cards to build credit or develop a credit score that has been damaged by past financial problems, the best ways to do so are by using a secured credit card. Secured good credit cards can effectively improve credit history. And it is definitely not something that can happen just in days –for some credit holders it would take five to six months of opening the account, for some, it might even take a longer period. Listed below are some good credit cards to build credit in the best possible way: Discover it Secured Card This card gets the user 2% cash back up to $1,000 value of debt per quarter on restaurants and gas stations and 1% on every other expense. On regular basis, it is a good credit card to build credit. From a secured credit card, after eight months, it will automatically discover and evaluates the cardholder’s account for possible upgrading to an unsecured card. The most attractive deal is that the annual fee is $0. Drawback: There is a minimum deposit of $200 to be deposited at the initial time, through a bank account. For those who are unbanked, there is no other option and for some the maximum credit limit is $2,500.

Credit reports and credit report scores are important to obtain loans, funding and it contains all your financial information like the history of your bill payment, loans, debt etc. It also contains the history of a criminal past like fraud, arrest, bankruptcy. The FICO ( Fair, Isaac, and Company)  score was first introduced in 1989. It was used by the majority of banks and creditors. It is based on consumer credit files of the three credit bureaus: Experian, Equifax, and the TransUnion. Each bureau may have different information about your credit. FICO scores can be different and varied depending on which bureau provides the information to FICO. To lenders, this is the Holy Grail according to which they will extend you credit or loan. Prospective employers, insurers, rental property owners all look at your credit report scores. One must check their credit report scores regularly. They must also make sure to keep their personal information and financial accounts accurate. If there are any errors make sure to correct them. Listed below are all aspects about and related to credit report scores. Credit score A credit score is a number. It rates the risk involved in giving you credit. It also decides the terms of the loan or the rate at which it will be given.