Best Student Credit Cards of 2013, According to MyRatePlan.com

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Credit card analysts from the credit card comparison site MyRatePlan (http://www.MyRatePlan.com/CreditCards) have released their annual ranking of the best student credit cards of 2013.

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In creating their list of the best credit cards for college students of the year, MyRatePlan experts took into account 0% APR introductory periods, rewards programs, customer reviews, expert rating, and more.

Today, credit card experts from MyRatePlan.com, a leading comparison-shopping website, announced their annual ranking of the best student credit cards of 2013. Summer is drawing to a close, which means many college students are heading back to school and have a full semester of expenses ahead of them. Picking the right student credit card can help students build their credit, while even earning them rewards or helping them pay for purchases over time without paying interest. In creating their list of the best credit cards for college students of the year, MyRatePlan experts took into account 0% APR introductory periods, rewards programs, customer reviews, expert rating, and more.

Here are the best student credit cards of 2013, according to MyRatePlan:

1) Discover it for Students – The Discover it for Students card is this year’s pick for the best student credit card. With the Discover it Card, student cardholders receive 5% cash back in categories that change throughout the year up to $1,500 in purchases and 1% cash back on all other purchases all year long. The card does not charge an annual fee, overlimit fee, foreign transaction fee, or late fee on the first late payment. In addition, Discover will not increase the cardholders' APR if they pay late. The Discover it for Students card also offers a $0 Fraud Liability Guarantee, so cardholders won’t ever pay for unauthorized purchases. Lastly, the card offers a 0% introductory APR on purchases for 6 months.

2) Citi Dividend Card for College Students – The Citi Dividend Card for College Students is another excellent choice for a student credit card. With the Citi Dividend Card for College Students, cardholders earn 5% cash back on categories that rotate throughout the year such as department stores, travel, gas, and more, and 1% cash back on all other purchases all year long. The card also requires no annual fee, and offers a 0% introductory APR on purchases for 7 months.

3) Citi Forward Card for College Students – The Citi Forward Card for College Students is a credit card that offers a generous rewards point program for student cardholders. With the Citi Forward Card for College Students, cardholders earn 5 ThankYou Points for every dollar spent at restaurants, books, movies, and music, and 1 ThankYou Point for each dollar spent on purchases in any other category. The card also offers an APR reduction of up to 2% when the credit card is used responsibly, and 100 free ThankYou Points each billing period that the balance is paid on time. The card also offers 1000 bonus ThankYou Points just by switching to paperless statements. There is no annual fee to use the card, and cardholders receive a 0% introductory APR on purchases for 7 months.

"Using a credit card for purchases in college is a great way for students to begin building their credit scores so that when they hit the real world they will have some established credit history built up," explained Logan Abbott, President of MyRatePlan. "Having established credit will help them be approved for apartment rentals, auto loans, mortgages, and more."

People looking to compare credit can do so using MyRatePlan’s unique tool located here: http://compare.myrateplan.com.

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Logan Abbott
MyRatePlan
858-454-5900 10804
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