Student debt solving with Student Credit Cards

Card issuers will usually stipulate a minimum monthly payment of around £5 or 5% of the outstanding balance on your card.

However, you can clear the whole balance if you have the resources.
Most cards provide an upper spending limit. To begin with, this spending limit may be around £1,000, but card issuers will increase it if you prove to be a reliable customer.

In the past, most cards charged the user an annual fee of between £10 and £15. Some still do, but with the onset of American credit card providers, card issuers are clambering over one another to offer the most attractive deal and annual fees are becoming less of a norm. The interest rate charged is also plummeting, with some card issuers offering 0% introductory rates on balance transfers for the first six months.