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	Student Credit Card

If you have ever attended Uni, or are about to, you may have been saddled with offers to apply for your pre-approved student credit card. You may have found them dropping through your mailbox or have encountered the salespersons of various banks and leading credit card companies attracting your attention at the fresher fairs as you begin your year.

If you are wondering whether there is any difference between a student credit card and a regular low interest credit card, the answer is both yes and no. A student card is similar to a regular card on stabilizers i.e. it steadies you as you get accustomed to dealing with your newfound financial independence. It has features that are attractive and beneficial to a student who has commenced the task of building a credit history.

Normally, they have a comparatively low APR (annual interest rate) and very small credit limits, lying in the range of £200-£300. Besides, a student credit card also offers reward points on purchases that are attractive to a student like discounts on music, travel, books etc. from UK merchants.

There are various offers available to students. Almost all the major card companies have at least one card meant for students. Though these cards have a lot of common features, it is better to compare them to get the best student credit card for you. There are some excellent comparison websites that form an excellent starting place to compare cards. Along with giving descriptions and links to all the best student offers, you also get information on how to select, compare and use credit cards sensibly.

If you have been thinking of applying, follow these useful tips on how to compare products and choose the right one for you.

Before comparing: You don't have a past credit history to think about, but you know yourself and how you normally spend money. Different types of credit cards are meant for different categories of spenders. Does the expense make you poorer? Do you think you must own the latest thing, even if it means you have to use your pocket money for the next few months? If it is true, go for a student credit card with the lowest possible rate of interest so you don’t have to pay a lot to carry an unpaid balance each month. While comparing products on good comparison websites, look for those with the lowest possible APRs.

If you are uncomfortable with the thought of borrowing money and looking to repay it as soon as possible, then APR should not be a major decisive factor. Though not unimportant, if you are paying the balance in full each month, the interest rate is secondary. Rather while comparing credit cards, consider the ones offering you rewards that you are looking for like cash back or points to spend on your shopping.
Once you have decided the appropriate type of credit card for you, go to a comparison site to compare products and choose the one right for you.

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