Credit card applications, reviewing the basics
Let's disappoint them. The first tip is to ignore the huge, sparkly "0 percent interest" printed in bright red and gold letters on the front of the brochure. That is the introductory rate. After a short period, usually just six months, it ends, and now you have to pay the credit card's real interest rate. The interest rate on a student credit card is typically a little higher than the rate for an older person's credit card, and is currently around 13 to 20 percent.