When you’re a high school student, it is essential to learn good credit card management skills. As a parent of a teenager who’s a high school student, it is crucial to educate them about the value of establishing a good credit rating whilst they are still attending school prior to stepping into the real world where by credit card mistakes are much more fatal.

The primary objective as a student is to use your credit card to obtain a favourable credit rating, which will enable you to apply for a loan to finance a new car or property. Developing a good credit rating will also assist you to acquire alternative school loans for grad school. In order to build up your credit score, get a card with a really low rate of interest and use it for purchases which t you pay- off within that month.

You need to consider the following when selecting a student credit card:
• Zero annual fees
• Low (APR) Annual percentage rate
• Free internet access to manage the account.

The focus here is to keep costs at a bare minimum and making it simple to pay and manage your credit card account. Even when you do not wish to have a balance, you need be on the lookout for the lowest APR. The majority of student cards offer you an preliminary period where by you pay zero percent interest however keep in mind that this is only for a short period, generally three to six months, before the APR increases

PT money’s recommended high school student credit cards include:
1. Citi Dividend Platinum Select Visa Card for High school Students
2. Discover® Student Card
3. Citi Forward® Card for High school Students Capital One® Student Rewards .
4. Orchard Bank Classic MasterCard
5. Citi® mtvU™ Platinum Select Visa® for High school Students