Citibank Student Card: A Few Things About

2007-03-08 10:33:40

( Financial )



Credit card companies consistently lure students to get a student credit card. Credit card companies are aware of this niche and they target the student market with credit cards that are specifically made for undergraduates. Student credit cards have terms, interests and benefits customized for this type of card.

The Citibank student card is one of the hundreds of credit cards targeted to undergraduates. A lot of credit card companies setup booths or posters within campus to entice students to sign up. You may even get a free shirt or a free pen when you sign up for a Citibank student card. However, there are some campuses that do not allow such direct marketing ploys. Credit card companies then turn to direct mail to reach their target market.

The Citibank student card is a great starting point for you to learn about your finances. A student card is unique among others because it is the only credit card you can get without a job. You do not need to present a copy of your credit report or proof of income. All you need to do to get a student card is be a student.

One reason why credit card companies diligently target college students is because these undergraduates tend to stay with the same credit card company even after they graduate from college. A big percentage of students also carry a balance on their credit cards hence they generate finance charges.

A Citibank student card, like any other student card, comes with a higher interest rate than that of a normal credit card. This is because the credit card companies view students as higher risks when it comes to repayment. However, there are some credit card companies who are willing to offer you a lower interest rate once you have established a good credit record.


All rights Reserved © Tradenet Services srl
Do not duplicate or redistribute in any form.