Many students will leave home in a few weeks to go to university and take another step towards their independence. One of their new responsibilities will be managing their finances..
Delmaine Donson / Getty ImagesCredit card rewards are a great way to make extra money, and people usually make good use of them, such as spending extra money as credit.
xavierarnau / Getty imagesAccording to the Federal Reserve, the average annual credit card rate is 14.58%, an awful number in its own right, and one that can easily travel in.
Credit cards offer convenience, consumer protection, and a quick way to build good credit, assuming you use them responsibly. Use them unwise, and your credit could suffer, affecting your ability.
This page contains information about the Discover it® Student Cash Back product, which is currently not available on Business Insider and may be out of date. Crystal Cox / Business.
bernie_photo / Getty Images / iStockphoto If there is one bright spot that can be pulled out of the pandemic, it could be US credit card debt is the lowest.