Find a college student credit card that helps you save for a new car. Some student credit card companies offer rebates that are meant to be applied toward a new or used car purchase. These car rebate plans typically allow for a limited amount of money to be earned every year for a period of five years. You earn money toward your car rebate every time you use your student credit card to make a purchase. When it's time to buy your car, request your rebate check and go pick out your new wheels.

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