More Student credit card choices Students and their families looking for the best student credit card need to focus primarily on annual fees and interest rates. Generally, students with a work and credit history will find a regular credit card is the best deal. The cost of using credit cards has increased. Variable-rate cards, the most common type in the nation, tend to rise in step with the prime rate. The prime rate has gone in the Fed's efforts to cool the red-hot economy, but spending hasn't been significantly reduced.
Most people finance vacations with their credit cards.
Even the average credit card interest rate can turn your vacation into a financial strain if you spend above your means and take up to a year to pay it off. To get the best deal they need to compare annual percentage rates, grace periods, credit limits, and fees, and avoid credit cards with hefty application and processing fees. Affinity cards carry high interest rates and annual fees. They have more value if you don't carry a card balance. More Paying for vacations You can enjoy that vacation even after it's over by limiting your credit card use.