When I was first starting out college, my parents gave me $1,500 in spending money that was supposed to last the entire school year. Since my meals were already paid for (three squares a day from the cafeteria) I really didn’t have any expenses other than what I wanted. So I decided to increase my budget two ways. First, I obtained a job in a work-study program and second, I signed up for a credit card. This combination allowed me a lot more freedom with money and if you’re a student in need of a great card, the Citi Forward® Card for College Students might be the perfect fit.
Cardholders can also receive up to a 2% APR reduction on their purchase APR. Every three months the account stays below the credit limit and has monthly payments made on time, a 0.25% APR reduction is given. This can be achieved up to eight times.
The Citi Forward® Card for College Students has a solid rewards program, specific to young adults. ThankYou points are obtained on every purchase and are broken down as follows:
- 5 ThankYou® Points for every $1 you spend at restaurants and on entertainment
- 1 point for every dollar spent on all other purchases
Up to 1,200 additional ThankYou points can be earned every year by paying on-time and staying under your credit limit (100 points a month for 12 months), and ThankYou points never expire. There is a limit of 75,000 ThankYou points that can be obtained every year.
Also important to mention is that every Citi Forward Card for College Students holder will receive a 0% intro APR on purchases for seven months. After that, the purchase APR becomes 13.99% – 23.99% variable, depending on the applicants credit history. Students can also take comfort in the fact that this credit card has no annual fee.
- Visit the secure application page of the Citi Forward® Card for Colleges Students to apply or find out more.