Did you know that the average college student carries more than $3,000 in credit card debt? Managing your credit is an important skill for any college student to have, which is why we are sharing a few tips on how students can swipe smarter, not harder.
Net purchases are purchases minus credits and returns. Not all transactions are eligible to earn rewards, such as Advances, Balance Transfers and Convenience Checks. Upon approval, see your Cardmember Agreement for details. You may not redeem Points, and you will immediately lose all of your Points, if your Account is closed to future transactions (including, but not limited to, due to Program misuse, failure to pay, bankruptcy, or death).
1 Real Rewards: You will earn 1.5 Reward Points (“Points”) for each dollar of eligible Net Purchases made with your Account within a billing cycle (equal to 1.5% cash back). Monthly net purchase points will be applied each billing cycle. Points expire five years from the end of the quarter in which they are earned.
2 The Elan Rewards Program is subject to change. Rewards are earned on eligible net purchases.
3 Bonus rewards points or cash back will be applied 6 to 8 weeks after first purchase and are not awarded for balance transfers or cash advances.
The creditor and issuer of these cards is Elan Financial Services, pursuant to a license from Visa U.S.A.