The credit card for teens is a way for the high school or college student to be introduced to building a credit history. They are handled in much the same way as other credit cards but with a few distinct differences. They will offer competitive rates and some even offer rewards. You can do your research and apply online so it is easy to do. They have very secure websites when you apply so you ca do so with confidence. The Visa, Master Card and Discover cards all will give the teen a chance to have a card and learn how to handle money responsibly.

If you look at the Discover card you will find that there is no annual fee and you may transfer balances. Right now there is a 0% introductory offer for six months and you must have a good credit standing. The regular APR is 16.99% so at this time in a teen’s life they would want to pay off the card in full each month. You can receive up to 20% in a Cash back Bonus when you shop online this is a reward that you can only get with Discover. They also have partners that you will reap double rewards with if you shop with them.

Citi Platinum Select is another teen credit card that you can find online. You will see some of the same offers with this card as with similar cards. The introduction rate is 0% for six months and after the introductory rate is over it will revert to an 11.99% APR. You don’t need a minimum income or a consignor. You will find no annual fee and you have zero liability on unauthorized purchases.

The Citibank group also has a card called Citi MTVU Platinum Select Visa. This gives the authorized user some extra perks. Besides the no annual fee and 0% interest for six months on purchases, cash advances and balance transfers you can expect to earn five Thank You Points for every dollar you spend. These extra points accrue when you go to a restaurant, bookstore, movie theatre or video rentals and record stores. You can earn one point on all other purchases for every dollar you spend. You will receive twenty five Thank You Points for paying on time thereby rewarding prompt payments. Your APR will go to 13.99% and you must have a good credit history.

While these offers are good and it is a good way to build your credit history keep some important things in mind. With some of these credit card offers you will need a consignor or a minimum income. There are other terms and conditions that will apply and they should be thoroughly researched before accepting any credit card offer. The idea behind these cards is to help you obtain a credit history and you want to handle that responsibility in a prudent manner. If you have any questions about the offers for a teen credit card you should consult with an adult and the credit card company offering the card before you decide on a particular one.