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What to Do With Your Student Credit Card When You Graduate

By Ben Luthi What happens to your student credit card when you graduate? Among the options are continuing to use it as long as you want, canceling the card or applying for a new one. In some situations you'll be better off, however, if you don't cancel the card. Here's why. Why you might want a new card Higher credit limit: When you applied for your student credit card, your credit limit was relatively low because you were new to credit and didn't have much of an income.
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