Studentawards Credit Card from MBNA Canada

One of the biggest dilemmas plaguing college freshmen has nothing to do with classes, dating, or finding a part time job. In fact, it isn't related to college at all. Dealing with the bombardment of credit card offers from banks all over the country suddenly becomes part of their daily routine. While some may be convinced that they absolutely need a new credit card and others will do everything they can to avoid them, they are a smart thing to have. Building your credit early and slowly, the right way, can indeed benefit you immensely in the long run.

The key is to use a card that is simple and designed to help you get the maximum benefits from responsible use. The Studentawards Credit Card from MBNA Canada could very well be that card for many college students. It has no annual fee and a fair standard rate. It is important to note that this is not a variable rate that you will find with most first time credit cards. The 3-week interest free grace period lets you pay your balance in full without any charges, which, if used properly, is a smart way to build your credit without paying any interest for it. Even the minimum payments are low, so you shouldn't have any trouble keeping up.

Students are busy people, and the Studentawards Credit Card from MBNA Canada is built around that. They offer 24/7 customer service as well as full fraud protection. You can also access the website anytime that you want for more information or to maintain your account. Furthermore, you can use your card to get a cash advance at over 430,000 international ATMs. Of course, this means that your card is not only convenient for use while in school, but when travelling abroad.

Speaking of travelling abroad, you can use your card anywhere in the world at hundreds of thousands of locations where MasterCard is accepted. When outside of Canada, you can use the card to pay in the local currency. For a small service charge, your card will eliminate the need to concern yourself with exchange rates, traveler's cheques, and the carrying of cash in the local denominations of where you travel. You will also earn WorldPoints with every retail purchase.

Finally, you can expect to find all the standard fees and charges that other credit cards offer. While fees and charges are certainly not benefits, it is usually good to know that while your service features are standard, so are your penalties.