What is a good rate for a student credit card?

I got this thing in the mail from Discover Card describing a "Special Offer For Students" with a credit card that has an APR of 16.99%. Is this a good rate for a student credit card? If not then what is? , and who is offering a good student credit card.





Thanks.|||You can go online and find offers from all the different companies. You are worried about rates. Do you know the trick with credit cards? You pay them off at least monthly. I use mine everywhere and I get $25 for every 2500 points I get at 1 per $1 spent. Doesn't sound like much but I get that bonus every three months or so. I use my credit card for everything and pay it off at least weekly. So I'm making money off them. Any interest or charges you pay are just like throwing money out the window. I do have a couple of other cards and I use them when I need to make something like a loan. The last time I had to do that was when I put a roof on my house. I found a credit card that gave me 0% interest for transactions for the first year. So I paid the roof off in that year and got a free loan. But credit card companies rely on people that can't pay or pay minimum payments and pay through the nose for the privelege of spending more than they can afford. Guess I should answer your question. If you are a student, you need to start your credit. But you use the card carefully and don't miss a payment or look at what the interest goes up to. I suggest you shop online and look at what credit card offer you. I don't pay 16.99 anymore but there are plenty that charge more and a few that charge less. There are also credit cards with bad reputations. Be careful what you do and how you do it. That's my lecture for the day.





I should add that I don't like discover card. The rates are high and they have a ton of rules. I think that was one of the cards that I used and as soon as I got a balance to pay off, they raised my rates. Whatever they spend way too much on sending those letters and advertising instead of offering good rates. Capital One did the same thing even though I had used a card with them for years.|||Pay your card in full every month and you don't have to worry about what the finance charge is.