College Student Credit Card Guide 2012

Editor's Choice : Recommended Student Credit Cards

The Discover® Student Card is a really great card for college students. It has so many great features that I'm sure anyone will benefit from it. Firstly, you can earn 5% rebates on expenses (they change every three months). They also have a great online shopping portal where you can receive 5% to 20% rebates (it's really more like discounts) when you shop with their merchants like GAP, LandsEnd etc. You can also exchange your cash rebates for gift cards and get more than the value of your rebates!

The Citi® Dividend Platinum Select® Card for College Students is another great card to get if you are looking to earn cash rebates. For the first six months, you will earn 5% on these types of expenses. For other regular purchases, you will earn 1% rebates. This is a simple card to save money on things you would spend anyway.

If you are the sort that goes for reward points, then the card to consider is the Citi Forward® Card for College Students. It has a reward program based on Citi's ThankYou Rewards. Citi is also offering 1,000 Bonus Points when you sign up for Paperless Statements within 3 months of account. opening. You can even get a 2% APR Reduction if you pay your bills on time for 3 consecutive months.

You can also earn 100 ThankYou® Points each billing period when you pay on time and stay under your credit line. That means in a year, you can earn 1,200 extra points.