The life of a college student can be interesting, but it can also be hard. Hard because most students don’t have a source of income hence some financial difficulty. The parents do their best to keep their college-going sons and daughters in school, but they can’t attend to their each and every financial need. Luckily, some banks have come up with credit cards for college students. These cards are designed to make the life of the student easier so that they don’t have to struggle with the basics.
A good example of such a card is the Citi ThankYou(R) Preferred Card for College Students. If you are a college student looking for a credit card for the first time, the Citi ThankYou® makes a great option. This card offers a lot of benefits for a college student. IT covers entertainment and dining along with other needs a typical college student may have.
How It Works
You get to use the Citi ThankYou® Preferred Card for College Students to pay for entertainment and dining. For entertainment, the card covers the cost of going to the theatre to watch a movie, museum visits, getting tickets for a concert, amusement parks, etc. When it comes to dining, the card will cover takeout, fast food, sit-downs, bars and lounges, and more. For every one dollar you spend in any of these places, you get one ThankYou® Point.
You get rewarded with the Citi ThankYou® Points, the more you accumulate, the better. Citi ThankYou® Points can be redeemed for student loan or mortgage repayment, charitable donations, and travelling. You have to accumulate the full value on gift cards to redeem your Citi ThankYou® Points. In some cases, you have to accumulate thousands of Citi ThankYou® Points to get their full value. It’s a good thing that the points don’t expire.
Benefits
The Citi ThankYou® Preferred Card for College Students allows you eat wherever you want and attend concerts and other entertainment events and while at it, earn Citi ThankYou® Points which you can use for a lot of things. It’s the only college students credit card that gives applicants a signing bonus. For instance, you get to earn bonus points (2500) for every $500 spent within the first 90 days of opening your account.
Who Should Get the Citi ThankYou® Preferred Card for College Students?
The Citi ThankYou® Preferred Card for College Students comes with a lot of perks. It can be used to pay for dining and entertainment, pretty much everything a college student needs to enjoy his/her college life. The card comes with an EMV chip, so it can be used for travelling abroad which is something you might want to consider if you travel a lot.
While the Citi ThankYou® Preferred Card for College Students fits perfectly into student life, it may not be the right credit card for every student. Use the Citi ThankYou® Preferred Card for College Students if you are eager for the signing bonus. Also, get this card if you spend a significant amount (25 percent or more) of your finances on dining and entertainment.