Credit Cards Aimed at College Students
The new rules restricting aggressive credit card marketing on campus, included in the CARD Act of 2009, seem to have reduced the practice, says a report from Credit.com.
The report cited a study from the Federal Reserve that showed, for instance, that the total of new credit card accounts opened by students decreased 17 percent from 2009 to 2010.
But while some of the more overt on-campus marketing ploys (like offering free T-shirts and pizza to students who sign up for cards) are no longer allowed, a quick online search shows that card offers aimed at students are still plentiful. The credit card comparison site CardHub.com recently analyzed roughly 1,000 cards to see which ones offered the best deal.