Student Debt are a large problem in these times. Because of rising living expenses, students are being forced to use their credit cards. The ease with each credit cards provide money make students not realize how much debt they are getting into.

Credit Cardads practically float around everywhere in college. Most of the times, the credit card promotions do not even revolve around low interest rate or otherrewards related to the credit card. One would think it’s amusing that university students would actually fall into this trap and sign up for a credit card. Just for a free pizza, university students apply for credit cards.

When I first received my Student Credit Card, I was under the impression that it was a 0% APR for first 12(I may have mixed it up with Capital ONE). After I received my first bill, I came to know that I was being charged an APR of 13.24%, which is too high. Since I already made a few mistakes, I had to be careful when it came to finances. As such, I would pay off my credit card debt each month so that I won’t be burdened with too much debt right out of college.

Chase offers karma points as one of the incentives. The karma points and other benefits chase promises through Karma points is quite pointless (at least from my experience). So, If you are thinking of applying to Chase Student Master Card with Karma points in mind, dismiss that incentive,  I seriously wouldn’t bother with Karma Points. Since, I use chase’s online banking service, I find paying bills quite easy. Paying chase credit bills is easy, and most people shouldn’t have a tough time paying online. What’s even better is that you can link your credit card account with your existing chase bank account. There also appears to be regular credit limit checks – I was started off with $300, and a few months later my credit limit was increased to $800, and then a few months later to $1600. Now, I am waiting for the next credit limit increase.

I am interested in increasing my credit score rather than increasing my credit limit. Less debt you have on your credit card means a higher potential credit score. So, having as high a credit limit is definitely a good thing.