Is American Express Blue a good card for students?

Question

I was interested in American Express Blue credit card because I've heard for the rewards system before and liked the idea of it. I'm about to enter college, I have a job, and I'm planning on paying all of my purchases off in full (my individual purchases usually don't exceed $150).

I also don't need a very high limit on the card.

Thanks in advance for all your help! Any other recommendations for a good student credit card would also help.

Answer 1

American Express is a great credit card but there are a few others that offer great rewards so make sure you compare them all side by side, check out www.fastcreditcardapprovals.com and go under reward cards and you will be able to compare them all. They also have a few good student credit cards which have no annual fee and low interest rates.

http://fastcreditcardapprovals.com/

Answer 2

it is a very great card if you do a lot of traveling or other high dollar expenses but it is now always welcome at the small mom and pop stores where  college student will be shopping!!

Answer 3

shop around for a card with the best interest rate, and where the rate is guaranteed for a specific amount of time. the rewards system is really only worth it if you use the card a lot--at 1 point per dollar spent, and rewards where 10,000 points gets you someting valued at around $50, retail, is a  nice little bonus (for heavy business users mainly) but not a good reason to get that card. You are not likely to earn 10,000 points in a year, and the card probably has a 50.00 annual fee (Amex Green Rewards does).

Your plans sound like you are responsibly getting this card. Pls. be careful-accumulating debt is so easy and it creeps up-nobody intends to build up a $6,000 balance-it just happens. Be very cautious. Predatory lending is epidemic in this country-hence the mortgage crisis.

There are websites that do side by side card comparisons. Search for compare credit cards or something like that.

Sorry for the "mom" lecture-I learned the hard way. The fun of nice new stuff is gone long before the debt! Live simply-it's easier and less stressful.