What happens to a student credit card when you graduate?
October 10th, 2009
Posted by: admin
I am a rising senior in college and am thinking about getting a credit card. When I graduate next year, what would happen with that card? Would I be able to keep using it like normal? Would I trade it in for another “non-student” version? Would they close the account and make me apply for a new card?
Any experience with this?
By: Rob C
October 13th, 2009 at 02:55
Nothing… they usually will give you option of upping your credit limit though.
October 15th, 2009 at 04:25
You keep the account. As your creditworthiness improves, they probably will increase your limit. They may call them “student” credit cards but starter accounts might be a better term — lower limit, high interest rate.
October 15th, 2009 at 17:29
It will not close. they will review your prior history and make changes like increasing your line and maybe even upgrade the account to a regular credit card that is not based on a student card.
October 18th, 2009 at 08:07
It’s the same as any other credit card. They just call them student credit cards because they’re targeted towards students. The rates and limits arent the best on those kind of cards… so if its paid off you should probably apply for a better card with better rates, limits, and rewards.
October 20th, 2009 at 16:22
Actually it depends on the issuer. Citi Cards for example will probably not do anything if you have one of theirs. However if you have one of Bank Of America cards with your school name on it, they will probably convert it to an alumni card of the same name with WorldPoints.
Now that you graduated and built up your credit, consider applying for a regular credit card, one that offers great rewards(try to pay ther balance in full every month). To search for a credit card right for you visit