OPEN CREDIT CARDS ONLINE 2006

If your son or daughter is headed of to college you may want to consider getting them a student credit card. This will enable them to purchase items they need when they can not wait until the weekend to ask you for the money or wait until you send them a check. This is also a great way to help them learn to budget their money and not overspend.

The best credit card for students may be one that is a prepaid credit card. A prepaid credit card can be purchased from local retail stores or online. You do not have to have a credit check done and there are no income requirements. The best part of using a prepaid credit card or your student credit card is that you will not have to pay any interest. You are not buying on credit with a prepaid credit card you are using your own money that you have put into the card.

If you agree that a prepaid credit is the best credit card for your student you will only have to pay a set up fee and around $5 each time you add money onto the student credit card. But, this is a great way to keep track of your students spending. You will have to have money upfront on the card before you can actually spend any money. But, there are no annual fees or interest fees.

Some prepaid credit cards may not be used for any type of monthly subscription services. You will have to check with the company to learn what options they have for their prepaid credit cards.