Student credit cards and how to learn the basics
They want you to take a credit card with an irresistibly low introductory rate, spend madly, and owe them thousands upon thousands of dollars when your interest rate shoots up at the end of the introductory period. Let's make sure that doesn't happen. The first tip is to not be suckered by that bright, shiny "0 percent interest rate" printed on the front of the brochure. That's nothing but an introductory rate. After a short period, usually just six months, it ends, and now you have to pay the credit card's real interest rate.