by 
The Curious Bag
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Credit cards are convenient, but they can also lead to trouble for irresponsible borrowers. Still, student credit cards do have benefits.
Credit History
Credit cards allow students to build a credit history, something that is critical for getting good deals on home, car and other big-ticket loans.
Good Terms
Student credit cards often have very good terms to encourage borrowers. These deals can make the monthly payments affordable and encourage the type of repayment schedule that helps boost a credit history.
Emergency Fund
Having a credit card gives the college student an opportunity to fly home, for example, if there is a sudden problem or family situation.
Budgeting
Having a credit card forces a student to make monthly payments on time, learn budgeting and live within his means--all critical for long-term financial success.
Interest Rates
Getting to understand the effects of interest rates helps students appreciate how the financial process works--and may motivate further learning about saving and investing.
Source:
ESL-Lab: Student Credit Cards Paying for Online Expenses
Bankaholic: Student Credit Card Benefits
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