Students like to spend

Released on = May 5, 2007, 3:42 am

Press Release Author = Grace Pierce

Industry = Financial

Press Release Summary = 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.

Press Release Body = 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.


Web Site = http://www.finance9.com

Contact Details = Grace Pierce
Job Title: Marketing Director
Country: United States
Web URL: http://www.finance9.com

Email: editor@finance9.com
Webmail access http://www.finance9.com/webmail

#607 Ashley Brown Street
Norcross, GA 30092
United States

Phone: 678 1523324
Fax: 678 4787735

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