It is difficult for students to apply for credit cards now, because in May 2009, the China Banking Regulatory Commission issued a notice suspending credit cards for college students. If students want to apply for a credit card, they can check which banks have credit cards for students, or if their parents have credit cards, they can apply for a supplementary credit card.

Around 2009, many schools issued credit cards for college students (to help banks gain credit). However, many college students who held the cards did not know enough about credit cards, which once caused a large number of credit card blackmails. Many students apply for a credit card without knowing what it is, and then spend money without knowing how to repay it, resulting in overdue payments and black accounts. College students have no financial resources, so it is definitely not feasible to apply for credit cards on such a large scale.