University credit cards are plastic with a credit line designed to be approved for undergraduate students. These cards offer young students the opportunity to obtain their first credit card even if they do not generate income through payroll and / or do not have a credit history .

Of the credit cards for most requested students there are two main ones:

• Smart Credit from Citicredit
• Sanbuan Free

Although both credit cards are classified as university cards there is a big difference between the two. Same as you can see here.

 

Important points of university credit cards

These small differences make your first credit card a great experience or it can give you a lot of headaches. Let’s analyze these differences.

 

Annuity

The annuity is an important point since if you are a totalero and you do not like that much to pay commissions for your purchases, in short, a credit card without annuity is what suits you best.

 

Minimum income

This point is very important since to apply for your credit card you must cover this point and prove it. If you cannot prove high income, it is advisable to opt for a low-income credit card or not request them.

 

Average CAT

This point includes the interest and commissions that you will have to pay for your credit card . In fact, the higher it is, the higher the cost of your plastic. However, it is an issue that can be avoided if you are a totalero and / or choose a card without annuity.

 

Points

Points are rewards that both cards present, with the difference in the way they accumulate. Remember to check the expiration of your points accumulated with each card and according to your frequency of purchases choose the one that suits you

 

Exclusive promotions

For you university student this must be a super important point, since here lies the difference between attending the concert of your dreams and getting preferential tickets or not doing it. If you are one of those who like to attend concerts, and plays, the card with presales is for you.

 

Electronic banking

Currently almost all financial institutions provide us with electronic banking . The fundamental difference of this is the commission charged for it. We leave you one last important fact. The price of electronic banking in these university credit cards :

• Sanbuan Free: $ 19.00 per month
• Smart Credit: Free

 

Important

So you know, to be able to choose between one and another university card, you need to analyze three fundamental points:

• What requirements do you have? (Revenue and receipts primarily)
• What are you going to use them for? What benefits do you expect from your card?
• How much can you pay in commissions?

By answering the above you can deduce from among these university credit cards which one is ideal for you.