Credit card is a consumption voucher provided by the bank for qualified consumers. Cardholders can use it in advance and have a certain interest-free period. However, if they fail to pay back within the time limit, they will have a higher penalty interest. According to the regulations, credit cards are only issued to China citizens who are 18 years of age or older, have full capacity for civil conduct, have a legal and stable income source and have good credit standing, as well as foreigners living in China and compatriots from Hong Kong, Macao and Taiwan. And students, even if 18 years old or above, have no stable source of income and do not meet the conditions for credit card application, banks will generally refuse to apply.

Students have a strong impulse to consume and have no stable source of income. Once overdue, students and their families will face a serious economic burden and affect their personal credit information. For banks, a high proportion of overdue will lead to an increase in bad debts. From a legal point of view, students are not compliant cardholders. Considering the repayment ability, students have no stable repayment ability, which puts great pressure on students and their families. From the bank's point of view, there are great operational risks, and students' credit card applications are generally rejected.

In order to prevent some students from going astray, there are many "credit card bonus hunter" strategies on the Internet. Anyone with a little common sense knows that credit card income is an important source of income for banks, and credit card bonus hunter is not easy, which will seriously affect personal credit information and even violate the law. However, students are not deeply involved in the world, and most of them are self-righteous. If they go astray, it is easy to rob Peter to pay Paul, and their debts will increase. If the credit card is used for real consumption and has repayment ability, there is no problem. If you use the interest-free period of credit card for cash flow financing, the risk is great.

The penalty for overdue credit cards is very high. Students are not allowed to apply for credit cards. The starting point is to protect the interests of students. If necessary, you can use the supplementary card of the guardian's parents' credit card, and the parents will manage the credit limit and repay the credit card arrears. Students don't have a stable source of income, so don't spend ahead of time. There is no free lunch in this world, and eventually they have to pay for it themselves.