The high interest rate is necessary for the credit card company to maintain business. As a person with no credit, a student is a high risk candidate. This means that they have no idea whether you will pay back your balance or not, since you have no credit history for them to use as reference. Therefore, giving you a student credit card, which is essentially offering you a loan that you pay back on a monthly basis, is risky for companies like MBNA. So when you look at the MBNA credit card offer, be sure to read the fine print so that you know what you are agreeing to before you get caught in a cycle of high payments and increasing interest. Features

There are some features of the no credit credit card offered to students by MBNA that appeal directly to students. The biggest draw is perhaps the opportunity to get a credit card that pictures the student’s university on the front of the card. This personalization is very attractive to students and a fun aspect of the credit card offer.

When you go online to the MBNA website at http://www.mbna.com, you will find a link to see credit card offers. You can follow the links to the student credit card page and the first thing you see is a long list of illustrated cards showing all the schools available to be features on your new card. The schools include the following institutions:

· Arizona State University
· Auburn University
· Clemson University
· Trustees of Dartmouth
· Florida State University
· Georgetown University
· Indiana University
· Iowa State University
· Loyola College in Maryland
· Michigan State Alumni Association
· Ohio State Association
· Penn State Alumni Association
· Purdue University
· St. John’s University
· University of Texas A&M
· University of Arizona
· University of California at Los Angeles
· University of Delaware
· University of Georgia
· University of Illinois
· University of Miami
· University of Michigan
· University of Missouri
· University of North Carolina at Chapel Hill
· University of Pennsylvania
· University of Pittsburg
· University of Southern California
· University of Texas
· University of Utah
· University of Wisconsin
· Villanova University

But once you choose your school and begin to fill out the MBNA credit card application, you may notice that the terms of service, including interest rates, penalties, and fees do not appear on this page. In fact, if you do not click the small link at the bottom of the page for terms, you will not see these throughout the entire application process.

Javier Polanco offers expert advice and great tips regarding all aspects concerning credit cards. Get the information you are seeking now by visiting http://www.obtaineasycredit.com.

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