Credit Card Options for International Students
Credit cards offer numerous advantages to its holders, but for students traveling abroad to study, they can be a necessity. Students going abroad have to deal with multiple things that are enough to worry someone. However, international students should not be fretful about one particular aspect that is managing their finances. For students, a credit card is a very handy tool that lets them face any cash crunch that might arise suddenly, from rent to last-minute purchases for a project.
There are many varieties of credit cards that can be selected by an international student, each kind of a card has its own set of benefits. Students can select the one that suits them the best.
Here are some options for international students:
Yes Bank Credit Cards allow students to book travel tickets and pay in easy installments. The traveling needs of students along with their financial situation is understood by the bank. Therefore, students can book tickets without having to worry about paying the entire amount instantly.
Students have many needs and wants, and it becomes important for them to choose a credit card through which they can make payments conveniently. A key way would be to opt for a merchant partner. Merchant partners in various fields allow students to maximize benefits while having the ease of paying in EMIs. The key aspect for students is the association with merchant partners of different sectors such as groceries, gadgets, and apparel.
Processing Fees & EMI
Students are offered cards that include no processing fee and long-term EMI. It is understandable that all the students are not earners. Therefore, certain cards do not have any processing fee. Moreover, there is also the option to pay the bill of the credit card in EMIs that have a maximum duration of 24 months.
Cashback & Reward Points
Students can avail cashbacks or reward points that can be redeemed depending upon the type of card chosen. While cashbacks do not expire, it is important to remember that reward points can expire if not redeemed in a timely manner.