More student credit cards and their benefits

Tagged Under : Credit, Student Credit

Previously i told you about a student credit card from Natwest that offered pretty much everything you could ask for from a student credit card; well pretty much what you could ask for within reason, we all know that a student thinks they need more than they have, but you need to trust me when i tell you that you don’t need debt hanging over your head when you leave University…

The Royal Bank of Scotland and Captial One also offer pretty good student credit card deals and they are as follows

RBS Student credit card

  • 18.9% APR
  • No 0% interest on balance transfers
  • No 0% interest on purchases
  • No annual fee
  • Maximum credit card limit of £500
  • Discounts from HP, Firebox and Lonely Planet
  • Direct Debit Payments

Capital One Student Credit Card

  • Not so hot 34.9% APR
  • No 0% interest on balance transfers 
  • No 0% interest on purchases
  • No annual fee
  • Low starting credit limit of £200
  • Paperless Credit Card Statement
  • Choose your own card design.

So considering what you’re really after the RBS one looks pretty good doesn’t it?  Unless of course you value being able to choose your own card design above the actual interest rate of your credit card.  If you do then you have bigger problems than choosing a student credit card, believe me.

The other problem with the Capital One credit card, other than it’s low limit and it’s high interest, is the fact that it offers students no rewards or discounts at all!  Not really worth it at all.  I think this card is primarily a card for those who have had bad debt problems and need to rebuild their credit rating; it just happens that it’s also perfect for a student application too.  Leave it alone!

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