Credit Card help
By MeghanLynn11
@MeghanLynn11 (103)
United States
August 24, 2008 1:49pm CST
Hi, Ive never had a credit card before, but I think its finally time to get one. I have a checking and a savings account opened with a Chase bank, and they offer a 'student' card that I thought looked pretty good.
Im VERY responsible with my money, so its like im going to go crazy on the card. I only really want it to start building my credit score, Ill probably by like a candy bar or maybe my gas with it, just so I can pay the bill on time and up my score.
The only problem is that I dont know too much about credit cards. I just basically need to know if the student card is a good deal. There's no annual fee and stuff, and I did some research and it looks great to me, I just want some second opinions before I apply.
Thanks! Here's the card: http://www.chasecreditcards.com/student-plusone-mastercard.asp
1 person likes this
1 response
@sedel1027 (17846)
• Cupertino, California
25 Aug 08
This looks like an awesome card for a student. 0 APR for 3 months then after 14.99% variablea or 19.99% variable. Not bad at all. As long as you make your payments and don't get out of control this card will help you out in the long run.
Since it is from a bank - makes them harder to get - it will look better on your credit report than a non-bank card or even a department store card.
When I was in college I used mine to buy my gas every week and then paid it off and I had an awesome credit score.
@MeghanLynn11 (103)
• United States
25 Aug 08
Okay, so it looks good? I'll apply for it tonight then. What do you think the chances are of me getting it?
@sedel1027 (17846)
• Cupertino, California
25 Aug 08
Usually student cards are pretty easy to get. As long a syou don't have any debt and a source of income you should be okay.
@MeghanLynn11 (103)
• United States
28 Aug 08
Looks like I got the card. :) I noticed today there is now a whole new credit card account in my Chase account. One more question, do you get credit if you dont do anything with the card at all? Or do you have to at least buy things? Basically, am I going to improve my credit more by buying random things like gas every month and paying it off, or just not use it at all?
