Best credit card for a grad student?
June 17, 2012 1:28 PM Subscribe
Starting grad school in August. It seems about time I got a credit card. Advice?
posted by pdq to work & money (15 answers total) 2 users marked this as a favorite
Information about me:
-I have only ever owned a debit card
-I will be spending about $20,000/year
-I want maximum rewards and/or signing bonus possible
-I don't want to pay for the card unless it comes with some honking big positives to outweigh the $150/year or whatever it costs
-It is completely, totally impossible that I will take on credit card debt. I have many failings and shortcomings as a person, but it is inconceivable that I would slip into that. So if it's a scenario where it's "huge bonuses, but 90% interest/day on your debt" then that's fine, because I won't have debt.
-I will be spending a good chunk of money on Amazon and on air travel.
-I will be living in Indiana
Any banks/cards that would serve me well? Any that I should very definitely avoid?
Bonus points if you have an explanation, or a link to an explanation, to the effect of "here is how credit cards worked, explained in terms understandable to a moderately intelligent alien attempting to familiarize itself with humanity."