Analysis of Chase Bank Credit Cards
When you are in college, you see credit card ads just about everywhere. Low interest rates or 0% transfers aren’t even the primary perks. Instead, the sweeteners for credit cards are free pizzas and burgers. This practice is quite prevalent in my college. It is amusing to think that university students of all people would fall into this trap. The reality is that a lot of students do get trapped by free pizza advertisements, and for the sake of having a pizza, fill out credit card applications.
Even though this form is deplorable, I received my first credit card this way. We will talk about Chase Credit Card Review.
Chase offers college students credit cards known as +1SM Master Card. Regard the Chase credit card, I don’t have much to complain, its an OK credit card.
When I got my credit card, I thought it would be 0% APR. After I received my first bill, I came to know that I was being charged an APR of 13.24%, which is substantially high. Since I already made a few mistakes, I had to be careful when it came to finances. As such, while I was using my credit card, I would pay off the entire debt in the next month, this way I wouldn’t be burdened with too much plastic debt that seems to be rampant among college students.
One of the incentives Chase Student Master Card offers is the karma points. As an incentive, Karma points offered by Chase are pretty useless. Don’t consider Karma points as an incentive when considering for chase student credit card. Since, I use chase’s online banking service, I find paying bills quite easy. The billing interface, which is one of big plus points for me is simple and easy, no one should have any reason to complain for not being able to pay online. What’s even better is that you can link your credit card account with your existing chase bank account. If you are being a responsible student, and managing your finances properly, you should see your credit limit being raised. Now, I am seeing when my credit limit will increase.
Having your credit limit increased is definitely a bonus. The reason is it lets you get good credit scores. I am interested in increasing my credit score rather than increasing my credit limit. Less debt you have on your credit card means a higher possible credit score. So, having as high a credit limit is definitely a good thing. Other ways save money in college.
