It can be thrilling and useful for students at the same time who would just start to explore the world of personal finance, but being low income earners with no credit history makes it hard to get one. Being a student credit card first, someone should know what a credit card is before letting him apply for his or her first step toward going credit card hunting.
In conclusion, even though student credit cards are an awesome tool to learn about financial responsibility and develop a positive credit history, the following are reasons to be concerned about getting one. Students should make sure that they are financially literate to avoid debt while understanding the terms carefully, creating a sensible budget, and paying on time.
(Note: Using a credit card carries its own set of risks.)
