If you're looking to apply for a student credit card, there are probably some things that you want to know about that you don't know about today. One of those things that you should look into is your credit line. Why is the credit line important to you? Well this is the limit you'll have when you make transactions with your credit card. If your line is $500, you're not going to be able to spend more than $500 until you pay your card off.
When it comes to students, credit card companies realize that you have little to no financial history and that's okay. The banks are willing to gamble because they hope in the long run that you'll be a lasting customer. Just because you get a card though doesn't mean you'll have a higher limit.
Typically, a student card will have anywhere from a $250 to a $1000 credit limit. This will depend on who you go through. Each company you go through is going to offer a different limit. Not only that, your history is going to play a role in the game as well. If you have a shady history with late bills and a lot of debt, you may not even get approved. If you have a squeaky clean history, you can count on getting the limits mentioned above.
Over time, as you use your card responsibly, you'll see your credit score rise. As your credit score rises, you're going to be able to get a higher credit limit. Sometimes you have to ask for an increase and other times, they will give it to you without even asking! In the end, it's up to you to use your card responsibly. As long as you pay it off in full, a limit won't really matter.
Tom Tessin is an author for http://www.FINDcollegecards.com that is geared toward students looking for a college student credit card
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