Hounslow Youth
- the finance site for young people.
Welcome to Hounslow Youth - the finance site for young people. Many finance sites are aimed at people who have a lot of money to invest, but what about when you are starting out? Anyone who's been a student knows what a nightmare it is juggling money, and once you have graduated it doesn't get any easier. So here are some finance options to consider: Prepaid Cards and Poor Rating Credit Cards.
Student Credit Cards
Being a student means dedicating a significant amount of time to study – earning a regular income can be tricky as a job is hard to juggle alongside university commitments. Getting credit is especially difficult as students are often labelled "risky" borrowers, but there are credit cards designed especially for students. Student credit cards generally have a low credit limit so that you will not be able to get into too much debt.
That said, it might be best to use your student credit card sparingly, for emergency costs, as relying too much on credit now could bear consequences on your credit rating later in life. Compare the APR rate and any introductory offers using the table below. Once you have made your choice, simply click on "More Info".
| Company | Issuer | APR | Credit Limit | Rebuild Credit | Chip & Pin | Cash Back | Balance Transfer | New Purchase | More Info |
RBS Student Credit Card
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18.9% | £500 | No | Yes | No | No Balance Transfers. | Standard Purchase Period. |
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| Royal Bank of Scotland Student Mastercard with host of discounts available. If you pay your balance (and your previous month's balance) in full and on time each month you'll enjoy up to 56 days' interest free credit on all purchases. | |||||||||
Natwest Student Credit Card
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18.9% | £500 | No | Yes | No | No Balance Transfers. | Standard Purchase Period. |
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| Natwest Student Mastercard with host of discounts available. Maximum £500 credit limit. Discounts – save on brands like HP, Lonely Planet and Firebox.com. If you pay your balance (and your previous month's balance) in full and on time each month you'll enjoy up to 56 days' interest free credit on all purchases. | |||||||||
Barclaycard Graduate Credit Card
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16.9% | £4000 | No | Yes | No | 0% interest on balance transfers for 9 months. | Standard Purchase Period. |
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| Designed for Graduates who have just left university or college, low income applications accepted - need only an income of £10,000. | |||||||||