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Established Contributor
AndyK
Posts: 913
Registered: ‎06-09-2011

Benefit of student credit card?

Since I just re-enrolled (full time) in college again, I realized that opens up the eligibility for student credit cards for me. However, I'm wondering if there's any actual benefit to applying for one? For example, applying for Citi Forward for College Students vs the regular Citi Forward. I know that's one of the cards that doesn't require any co-signers, for example. Since I'm an adult student I have my own income and all that, applying with my own income isn't the issue - but I'm just wondering if there's any benefits (at least approval / credit limit wise) in applying for one of the student cards?

I was just going to apply for a new card in January once I have a handful of my current inquiries stop counting, but since I'll be enrolled full-time by then, I realized I could be shopping around for student cards too.

EQ 679 FICO (02/24/2012)
TU 721 FICO (03/10/2012)
EX 703 FICO (05/05/2012)

Cards: NFCU cashRewards $14k, NFCU Platinum $14k, USAA Amex $7k, Amazon Visa $3k, Chase Freedom $2.5k, Amex Zync NPSL, Discover More $1k, Amazon Store $1.3k, Walmart Store $700
Valued Contributor
ptr2593
Posts: 1,486
Registered: ‎08-14-2011

Re: Benefit of student credit card?


AndyK wrote:

Since I just re-enrolled (full time) in college again, I realized that opens up the eligibility for student credit cards for me. However, I'm wondering if there's any actual benefit to applying for one? For example, applying for Citi Forward for College Students vs the regular Citi Forward. I know that's one of the cards that doesn't require any co-signers, for example. Since I'm an adult student I have my own income and all that, applying with my own income isn't the issue - but I'm just wondering if there's any benefits (at least approval / credit limit wise) in applying for one of the student cards?

I was just going to apply for a new card in January once I have a handful of my current inquiries stop counting, but since I'll be enrolled full-time by then, I realized I could be shopping around for student cards too.



 

None.  I think they're just easier to get approved for in most cases.

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