Students like to spend

College years are usually known for their beauty, activity, intense intellectual activity and a lot of money spending. Hang on a minute. Money spending? Apparently yes. John Doe, webmaster of finance9.com analyzes this trend.

May 07, 2007 – Students have always been a favorite target for credit card companies, because usually these will become the next generation of rich men that this country will have and they tend to stick with the company they first used.

The offers available for students are some of the most attractive in the entire business. John Doe, webmaster of finance9.com explains: “Our most extensive specialized offer is that aimed at students. There is a fierce battle going on between the various credit card companies for the wallets of the young generation.”

So what kind of marketing techniques do these credit card companies offer for the future intellectual elite of our country? The same John Doe responds: “Typically all the offers we present come with a very low introductory APR and no annual fee, but this is pretty much the standard. The latest name of the game is called cashback. Some companies offer as much as 10% cashback on purchases if the money is spent on their affiliate network.”

This all sounds beautiful, but what guarantees do these companies have that these students will turn out to be wealthy men? Some companies have gone even further by offering better deals for good students. “A student with good grades and wise spending habits will get very far in his or hers life”, John Doe explains, “This is the real reason behind the cash for grades policy. This sort of measures are not directed towards the parents, although they might seem at times, they are there to ensure that those with good career prospects have a reason to stick with the credit card company.”

Another way by which credit card companies hope to attract the attention of the college students are more advanced features like online management, rebates when buying cars, plus a lot of deals with merchandisers that sell products aimed at this age category. The effectiveness of these methods has yet to be proven, but used in conjunction with the methods presented above they can represent that extra edge.

What will the future bring? Probably even better deals. As the competition gets tougher, students will be able to obtain more value for their bucks. “Indeed the trend seems to show very good prospects for this market”, John Doe continues, “Our range of offers is in a continuous expansion and this is something that will be happening for a very long time”

About finance9.com
Finance9.com is a website that allows you to compare different credit cards offers based on the things that interest you most: low rates, business focused, aimed at those with bad credit and so on. Due to its extraordinary success, this website is one of the fastest growing services of its kind, with new offers being added regularly.

Grace Pierce
Marketing Director
United States
http://www.finance9.com
editor@finance9.com

#607 Ashley Brown Street
Norcross, GA 30092
United States

Phone: 678 1523324
Fax: 678 4787735

This release was published on openPR.