It is a complete foolishness to hand over your college or university going adult child with the credit card especially when he is not earning own his own. Sure, there are better ways to help your child meet his or her needs while you are not around, right? All you need to do is create a big picture in your mind and build some major rules before your student (child) applies for a credit card.
 
A student credit card can be dangerous if your student does not know how to manage it with the responsibility, this is where your expertise come, and here are the things that you can discuss before your student applies for a credit card:

Is the card going to be on your child’s name or you are going to be the joint signatory? This is the best way to check each month statement of the student credit card, as you also receive the monthly statement being a joint signatory.

Just make sure whether the card is going to be used for emergencies or daily purchasing, like buying pizza, movie tickets, and automotive purposes or for a bus tickets or buying books. And let me tell you student credit cards come with the credit limit of  $500, tell the credit card company not to increase it any further to stay on a safer side.