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<p>Don't like the concept of credit cards in general...imo it has helped mask massive inflation over the past decades by not letting people see how much they are spending
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<p>The statements are all itemized, so you should always know how much you're spending.</p>
<p>^^ to my knowledge, only American Express itemizes your expenses.</p>
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For the longest time, American Express has been notoriously difficult for (new) students to sign up with, as I think for most of their cards, you need to co-sign with a parent. Not as many places accept AmEx, but they've got the industry's best buyer-protection program, and a lot of owner benefits.
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<p>I disagree. Just last week I signed up for an AmEx clear card. It has no fees of any kind, and I get $25 for every $2,500 I spend. I was approved with a $1,000 line of credit without any cosigner. My thinking is that with debit cards, they deduct the money from your account right then and there. If you use a credit card, your money sits in the bank collecting interest until the end of the month when you pay your bill (in full). Credit cards also have great liability coverage. I decided to sign up for the card to build credit and I needed a card that would work in Japan when I study abroad next year (for a year). I already have a Chase Visa with a large credit line (which I have had for 3 years), which definitely helped me to get approved (I'm 18 years old also).</p>
<p>You want to talk about a hard to get credit card? I really wanted a Diners Club card, but there is no way to get it unless you meet the requirements (21 years old, work experience, etc...) D: I also want a Centurion card :P</p>
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to my knowledge, only American Express itemizes your expenses.
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My dad's Visa does it.</p>
<p>I know i might be weird, but this is what i did. Last year right after my birthday i went into kay jewelers to apply for a credit card there... i'd been saving for months to get my mom a ring, so it made sense to just kind of try to establish some sort of line of credit that i wasn't going to go crazy with. I got the card about 14 days later, went back into the store, and got my moms ring, and when the bill came i paid it off in full. </p>
<p>I have since then applied for Citi Platinum Select card for college students. It's got an apr of 12.99 percent. It doesn't offer me rewards, but i kind of like that, because i don't want something that encourages me to spend more money to get more, kind of a thing. Also with the lower APR say if something ever happens, family emergency, and i have to get back home immediately, and end up not being able to pay the balance in full for a month or two, that's not going to completely kill me, you know what i mean?</p>
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to my knowledge, only American Express itemizes your expenses.
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My dad's Visa does it.
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<p>My Visa also lists what I bought, where I bought them from, and how much I paid for them.</p>
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My thinking is that with debit cards, they deduct the money from your account right then and there. If you use a credit card, your money sits in the bank collecting interest until the end of the month when you pay your bill (in full)
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<p>This is exactly correct. Furthermore, some savings accounts offer interest rates greater than or equal to 3% with no minimum balance. At that kind of a rate, "collecting interest" isn't just half a penny a month. Rather, it's enough such that it's cheaper to buy with a credit card than with a debit card.</p>
<p>AJH2008, that's not weird at all. If more college students were like you, we wouldn't have the myth of the irresponsible college student who doesn't know anything about credit.</p>
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to my knowledge, only American Express itemizes your expenses.
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My dad's Visa does it.
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My Visa also lists what I bought, where I bought them from, and how much I paid for them.
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<p>That's not the itemization that I am talking about. American Express breaks it down into categories including: gas, food, groceries, entertainment, etc...</p>
<p>That's what you mean by itemization? In that case, no, my card does not do that.</p>
<p>Credit</a> Card Offers for Students - CreditCards.com</p>
<p>I found this site helpful in comparing and finding the right card for me.</p>
<p>Also, i wanted to add that if you go to wal-mart and sign-up for a green dot credit card, it's really easy to see if you're going to be responsible enough to carry and actual credit card. The green dot cards are prepaid, i got one while i was working with wal-mart because i could just put my check on it. You have to be 18, or have a parent sign you up. If you get the two card pack your rents can have one, and say you're in a bind... they can reload theirs and you can use that money. It's simple, and easy. :)</p>