4.4

By jenkins123

  • Textbook

    "Some cards come in two versions: one with no annual fee and another with a fee but higher rewards" (Page 14). "Annual fees might be worth paying for frequent travelers and big spenders" (Page 14). "Cards aimed at people with little or limited credit history often have huge startup costs, monthly maintenance fees, and giant interest rates" (Page 16).

  • Three Cards

    Discover It for Students
    -Cash back for good grades
    -Dollar for dollar match of all the cash back you have earned at the end of the first year
    -No annual fee Journey Student Rewards from Capital One
    -No annual fee
    -Fraud coverage if card is stolen or lost
    -Pick monthly due date that works best for you Citi ThankYou Preferred Card for College Students
    -2500 bonus points for spending $500 within first 3 months
    -Earn 2x points on dining and entertainment
    -no annual fee

  • The card I chose

    I chose the Discover It for Students card. The interest rate is the lowest of the 3; can be as low as 13.99%. 0% APR for the first 6 months. There is no late fee for the first late payment and there is no APR change for paying late. There are lots of rewards for college students with good grades. I believe this is the best card for my first year in college.