There are lots of different options available to you when it comes to student credit cards, and so if you are interested in getting a college student credit card, you will certainly not be lacking in terms of choice here. Of all the different student credit card options that you have however, there are a few in particular that really stand out and which are really worth considering, one of these being the Scotiabank student credit card.
Scotiabank Student Credit Card
The Scotiabank student credit card offers many features and benefits that other student credit cards do not. There are actually a few Scotiabank credit card options that are available, one of the most popular being the ScotiaLine personal line of credit for students.
This is still technically a Scotiabank student credit card, but it works a bit differently. This is a line of credit that lets students use only what they need, when they need it. It helps to pay for specific things such as books, tuition, and residence fees. This is a great thing because it means that students will not be able to rack up other, unnecessary charges on it.
This is important because as anyone with a credit card knows, it can definitely be hard to keep control over your money and not buy things here and there when you have a credit card available.
There are some terrific features offered by this Scotiabank student credit card. For one, it offers monthly interest-only payments while the student is in school, ensuring that they are making the lowest possible payments so that they can conserve the little money that they have for other things.
As well it comes with a fantastic 8-month grace period after graduation on principle repayment, and competitive interest rates.
If you are looking for a credit card that is going to benefit you while you are in school and offer you the best rates, this should definitely be one of your top picks. There are no other student credit cards out there like this one, and you will only be doing yourself a huge favor if you are in school and need a means of credit.
Keep in mind however that this is not the only option that you have when it comes to student credit cards, so for the best results here you are really going to want to take a bit of time to see what else is out there so that you can make the best decision here.