Check Out The Citi Platinum Select MasterCard for College Students
It’s that time of the year when newly graduated high school students are starting to pack their bags and pick classes for their first year of college and one of the important steps to entering the college years is having a plan on how to safely and responsibly begin building your credit. Citi offers a fantastic credit card for college students, which can help add the lessons learned in college by teaching them how to build credit slowly and safely. This amazing card is called the Citi Platinum Select MasterCard for College Students.
This card has no annual fee, which means that students aren’t being hit with another bill at a point in time when they are just starting to learn about their general and financial freedom. In addition, the Platinum Select MasterCard offers a zero percent interest rate on all purchases for the first seven months after activation. This period of time is great for college students, who are learning how to spend and pay off a credit card for the first time.
Probably one of the best features of this card is that Citi understands that a newly minted college student likely has zero credit history so, ordinarily, the student would not be eligible for a credit card without a co-signor, which means that the student is unable to build good credit all on their own. Citi has fashioned this credit card so that it doesn’t require co-signers, so the student can apply and be accepted all on their own.
This credit card is also paired with Citi’s other fantastic programs and safeguards, which will give peace-of-mind to parents who are nervous about how their young college student will handle a credit card. These programs include the $0 liability on all unauthorized charges not made by the cardholder, and the cardholder has the option to choose whether to pay their bill at the beginning, middle, or end of the month. Also, Citi will provide the college-age cardholder with tips and tools for smart spending and budgeting when using a credit card. Finally, the using the card to reserve a rental with Hertz can get you extra savings on their rates and the card is also paired with automatic rental insurance so long as you use the Citi Platinum Select MasterCard to reserve the card.