How Can I Know If My Credit Card Application Is Approved?

The respresentative will send you sms whether your application is approved or not. You will receive it as soon as 1week after 2nd verification (or so), and as long as 2months.

1. Think before you spend

As students, we are often less responsible about our expenses and having a credit card on our hands means allowing us full time luxury of spending, without parent’s consent.

This is the point of concern here and a tip that you should always think before you spend. Credit cards can be very helpful if used wisely because if you make inappropriate use of it then you would have to bear the debt at the end of every month with the amount of APR being charged on it. Therefore, keep your credit card for expenses which are necessary and avoid unneeded expenses. 2. Think of the features being offered by your card

When you get your student credit card, you not only get the card but also a bunch of exclusive packages being offered to students. Therefore, make sure you are aware of all the added benefits which the students could avail. For instance the company can offer you low rate of interest at the initial stage, offer cash backs, discounts, travel plans and packages and various other schemes.

3. Read the terms and conditions properly

Often what people do is that they agree to process their application without having read the terms and conditions of the credit card. This is not an advised thing to do because until and unless you are not aware of the terms and conditions, you would be in a confused state of mind which might conflict with the real terms. Therefore, make sure you have a proper understanding of the terms which would benefit you later if any problem arises.

4. Compare a few options

Do not fall for the trick for those companies who advertise a lot and catch your eye. Make sure you conduct a proper survey of the market to see which cards are available and what terms are they offering you. This will help make you a smarter decision and help you avail benefits of your choice.