Student Credit Cards can help you build your credit history! Plus, enjoy competitive APR, no annual fee, access to low-rate student loans, online account access, and more. If you use the student credit card wisely, your will be glad to have a good credit history upon graduation. Making the leap from college to the real world is going to be a whole lot easier with good credit. Many organizations and financial institutions that provide student credit cards would normally require a co- signer as a type of insurance policy or guarantee. That individual will sign for the card with the student, and will be the individual the bank falls back on should the student be unable to pay back the money. Typically this is a family member or even guardian, the co-signer can be thought of as a backup and also security for the issuer of the student credit card, since they can at all times depend on the co-signer having a favorable credit record, to pay back should the student default. Usually, the Interest rate or apr will be higher with student credit cards, which inturn helps to reduce the financial risk to the bank. The spending limit is usually different also with these cards, because nearly all are between 250 - 800 dollars. The reason behind that, is since nearly all students have not established any credit rating, and for that reason will not have a good credit score. Even though the spending restriction is clearly reduced with these cards as opposed to other credit cards, they will still help students establish credit. You will find student credit cards applications below for American Express Blue, Platinum, Gold, Rebates, Skymiles travel for Student Most of these are low rate credit cards, and you will find that the application process is quite simple and the approval is usually instant if you have fair to good credit. Such credit cards provide students with the liberty to splurge on anything they desire. It normally takes time to realize that you will need to have a decent credit score right from the beginning. This will assist them in the future, while getting regular credit cards or personal loans. Students additionally have to understand that good credit ratings can assist them with their employment, as soon as they complete their graduation. Undergraduates should take care of their scholarships and grants granted to them via academic bodies along with the support of these credit cards. Student Card Links.