College students are going to need some extra cash at times, and student loans aren't always going to get the job done. They're limited by school policies as well as federal regulations, so a student may find herself short of money even after her loans have run out. Both for her short term cash needs and for the sake of establishing credit, a low interest credit card might be the only answer.
Having credit card is a big deal, especially in this day and age when credit is what practically rules the world. Most of the people that are still making it in the world are people that have decent credit scores. Whenever you are thinking about purchasing something your credit will be ran to ensure that you have enough things to back your name.
It's kind of funny when you think about credit in a sense. Credit is kind of like an I owe you that you are making to a company. They are trusting you and giving you money that you will eventually have to pay back. The way that you pay the money back to the company is in a series of installments. The company will then give you a score based off of how you have submitted payment to them.
Having a great credit score is key to making it in this society. If your score is good enough you can basically have everything that your heart desires and not have to want for anything. With this credit card that you are being given you are given a chance to show that you deserve to have credit, do not mess your chances up.
If you're going to get a credit card at all, I feels strong that it should be a low interest student credit card. If that's not possible for you, look into low interest secured credit cards as a way of establishing yourself in the world of credit.