1. Relieve the economic pressure. Remittances from different places by credit cards are free, which is very helpful for students to pay tuition fees. Moreover, it can temporarily improve the function of overdraft limit, and it can also alleviate the family's economic pressure. Students' parents deposit cash in different places with their credit card numbers, and students can withdraw money locally at zero handling fee, which effectively saves the expenses of intermediate handling fees. Secondly, during the students' semester, bank credit cards have the function of temporarily increasing the overdraft limit, which can help students' families to alleviate the temporary economic burden and avoid the pressure of paying large amounts of cash at one time.
2. Increasing the liquidity of funds is very important for college students who want to start a business in university. Apart from the family's business support, it is also necessary to reasonably use credit cards to increase the liquidity of funds in hand and use the funds for financial management or entrepreneurship. This is also very helpful for college students to be familiar with finance and cultivate economic independence.
3. Establish a credit record. As we all know, when judging a person's credit status, commercial banks focus on the person's credit transactions. A good credit record is conducive to handling housing loans or other consumer loans. Therefore, for college students, having a credit card early and being able to repay the loan in time after the credit card is overdrawn is conducive to forming a good credit record. This is beneficial for them to get loans in commercial banks after entering the society, which can not only reduce the time of loan examination and get loans faster, but also enjoy preferential expected annualized interest rate and longer loan term and amount. 4. Facilitating financial life The use of credit cards can facilitate the financial life of college students. First of all, if you use a credit card, you will receive a detailed bill of consumption in the form of paper or e-mail after the bill date, which will help college students to have a clear understanding of the income and expenditure details of their lives. Secondly, many banks' credit cards have cooperation with merchants, which can save students shopping expenses. For example, in a supermarket, there is a discount for returning cash if you swipe your card to a certain amount.
5. Convenient shopping For college students with limited financial ability, it is still difficult to spend a large sum of money on their favorite electronic products such as Apple mobile phones and computers, but it is still possible to save a little every month. Therefore, the credit card can be paid in installments, which will enable them to "enjoy the purchase" better.
6. Relatively safe Xiaobian thinks that everything has two sides, both advantages and disadvantages, and you can't resist it just because of its disadvantages. Credit card will be a good helper to improve the quality of life for our life if used properly, so it is the same for college students. As long as it is used, it will be of great help to college students' independence and financial management ability.