If they sign up for a student account at Wells Fargo in Grinnell, they automatically get a debit card and a credit card thru Wells Fargo
"Well behaved women rarely make history"
922 Center Street
Grinnell, Ia. 50112
--- On Mon, 8/31/09, carrpt1 <carrpt1@...> wrote:
From: carrpt1 <carrpt1@...>
Subject: [KnoxParents] Re: Credit Cards
Date: Monday, August 31, 2009, 2:38 PM
--- In KnoxParents@ yahoogroups. com, "oostmang" <oostmang@.. .> wrote:
> Does anyone have any suggestions for student credit cards? Do credit card companies still come to campuses to sign-up students? Without a job or credit history, is it possible for the students to get a card in their name, so they can begin to establish credit history?
> Thanks in advance for any information.
Check with Capital One. Back in June they had a special for a "Going to College" card with a low credit line ($300) that my son got. They probably still have it. The rate is 17% for purchases and the only restriction was that you had to be 18 years old. After having it and using it only for gas fill ups for the car and timely payments for 3 months his credit line was increased to $1000 which should be good for any issues where a check can not be used. Chase also had a student account for under 18yr/old, but was linked to a parents checking. It was not a debit card, but was backed by a parent's account.
Hope that helps you
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