Personal Finance
Should You Use a Credit Card to Pay University Tuition?
By ValueChampion  •  July 24, 2018
If you are a university student or parent of a student, you may have considered using your credit card to pay for tuition. This may seem convenient or even savvy given the potential rewards offered by some credit card companies. However, is using a credit card to pay for university tuition really a good idea? In this article, we analyse whether or not you should use a credit card to pay for a university education. Beware of Rewards Exclusions and Convenience Fees Before you get too excited imagining accruing free flights or cashback from large tuition charges, it is important to note that payments to educational institutions are often excluded from credit card reward programs. For this reason, it is important to understand the terms and conditions for your credit card before considering using it to make tuition payments. Additionally, even if your credit card company does provide rewards ......
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By ValueChampion
We distill sprawling marketplaces—for insurance, credit cards, bank accounts, and more—down to choices that represent a sweet spot for value—as in offering the features, returns, or experience we think you need for the smallest outlay. We ask: Is the return on a particular purchase or decision worth the cost or risk of that option, and how does the choice stack up against other options?
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