The Forward Thinking College Student
When I shuffled off to college back in the early 90′s my mom handed me a crisp hundred dollar bill and told me to tuck it away for an emergency. As bad luck would have it I was in need of those emergency funds the very next day when a flat tire left me stranded several miles from school. Like a fool I had been driving around without a spare. A tow and 25″ Goodyear later and my emergency funds were depleted. My security blanket was gone.
I didn’t have the heart to tell my mom the hundred had been spent in the first twenty four hours. Had I informed her I know she would have scrounged up more money she didn’t have. As a single parent she routinely did without. I actually found out later in life that her dinner on many occasions consisted of what was left on my plate (we were on a very tight budget). It was at that moment while waiting for my tire to be fixed that I first wished I had a credit card to help ease the burden.
Credit cards are ideal for emergency situations. In fact, even if you never use the card there is an implicit value as well. The peace of mind one derives from having a card, should they get in a bind, is equally important. But with so many cards to choose from it can be difficult selecting the right one, which is why I’m here. Citi’s Forward card rewards forward thinking students like you.
Citi’s Forward card is designed specifically with students in mind. You can earn rewards points by maintaining good grades and even drop your APR up to eight times for making on time payments. You benefit by simply being responsible. And with so many ways to benefit this card is at the top of our list.
Key Benefits
- The credit card that rewards you for good grades
- Up to a 2% purchase APR reduction when you make a purchase, stay under your credit line and pay on time 3 billing periods in a row
- 6,000 bonus points after $50 in purchases are made within 3 months of account opening
- 5,000 bonus points when you sign up for paperless statements within 3 months of account opening
- 5 rewards points for every $1 you spend on dining, books, movies and music.
- 1 reward point for every $1 you spend on other purchases
- 0% APR for 6 months on purchases and balance transfers
Points Program
- You can redeem your rewards points for gift cards, music and electronics, but also for student loan rebates, statement credits and charitable donations.
- But here’s the best part, if you don’t find a rewards benefit that you like, call Citi and they’ll come up with a unique plan just for you. It’s called Your Wish Fulfilled. How cool is that?
ScholarshipPoints code: FWDTHINK
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This is a good idea
I already have enough debt now with students loans and the cc that I do have, thanks but not thanks.
I have enough cc now and student loans, thanks but no thanks.
Have to think about this.
don’t need another credit card at this time
Its a good thing to have a credit card it helps build your credit score, but you have to be smart with it and balance your statements all the time so you dont go in to debt.
I still say that putting a credit card in the hands of a young person who has not been taught budgeting skills is just irresponsible! Parents should start teaching their children about the world of credit cards long before freshman year.
Ughh…no thanks!
I liked the story…which reminds me: spare tires are nice to have around. And the citi card sounds so ideal for a college freshman. I’m excited about this security and yet responsibility.
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