Here we are, at a crossroads, college students. It can be challenging for individuals just beginning out financially to obtain credit, the fundamental component of a secure financial future. The two things that matter most to banks are having loyal clients and having a good credit score, which shows that you can and will repay your loans.
Put in the student's credit card number. Students can get a head start on better credit offers down the road with student credit cards, which have lower limits and perks designed just for college students. Please be informed that under the CARD Act of 2009, individuals under the age of 21 are not permitted to be granted credit cards unless they can provide proof of adequate independent income or a co-signer.We Have Condensed the Top Student Credit Cards for You!
CARD OPTIONAL FOR
APR, ANNUAL CHARGE, AND WELCOME BONUS
Cash Back Rates and Fees for Students on Discover®
The Finest Student Welcome Bonus from Discover it®: Cash Back for Students
New to Credit/Fair
no cost to you
Student Cash Rewards Credit Card from Bank of America®
The Finest Student Credit Card from Bank of America® with an introductory APR and Personal Cash Rewards Program
Excellent/Good
£0 plus a £200 cash incentive for rewards
Credit Card Rates and Fees for the Capital One Quicksilver Student Cash Rewards Program
Average, Fair, Limited Capital One Quicksilver Student Cash Rewards Credit Card Ideal for Students Without Credit
$50 $0
Credit Card Rates and Fees for the Capital One SavorOne Student Cash Rewards Program
Off-Campus Students: The Best Credit Card from Capital One SavorOne with Cash Rewards (Average, Fair, Limited)
$0 Win a bonus of $50
Student Travel Rewards Credit Card from Bank of America
Student Travel Rewards Credit Card from Bank of America
Top Choice for International Students
Very good or great
25,000 points $0
Unlimitted Cash Rewards Credit Card from Bank of America® for Students
The Best Student Balance Transfer Card from Bank of America®: Unlimited Cash Rewards
Very good or great
£0 plus a £200 cash incentive for rewards
Learn More About It Student Chrome Pricing
The Finest Card for Long Distance Travel by Discover it® Student Chrome
New to Credit/Fair
no cost to you
Detailed Information on the Top Student Credit Cards
Student Cash Back from Discover It®
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Discover it® Student Cash Back stands out from the crowd with its substantial welcome bonus and high earning rates across a variety of categories.
If you're a student looking for a high-interest credit card with a rewards program that you may activate every three months, then you should apply for the Discover it® Student Cash Back. Due to its limited acceptance outside of the United States, Discover isn't the best choice for tourists venturing abroad.
Benefits: Once active, you can earn 5% cash back on everyday purchases at various locations each quarter, including grocery stores, restaurants, gas stations, and more. Plus, you'll get 1% cash back on anything else, without doing anything extra.
Special incentive: Discover will double your cash back earnings at the end of the first year, allowing you to earn unlimited cash back matchTM. Neither the minimum nor the maximum awards are specified.
Cost per year: 0%
Other pros and cons: you can save money by using Discover because there are no overseas transaction fees, but it isn't as widely recognized as Mastercard, Visa, or even American Express. But remember this—you might need a backup card if you intend to study or travel abroad. On top of that, you might not be able to plan your spending around the revolving quarterly incentive categories as they aren't revealed until the entire year. The combination of the two can make it tough to get the most out of each quarter's earnings.
Student Cash Rewards Credit Card from Bank of America®
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One option for students looking to earn cash back is the Bank of America® Customized Cash Rewards credit card, which has a more complex rewards structure.
If you want to choose which purchases get you more cash back, then you should apply for the Bank of America® Customized Cash Rewards credit card for students. You have the option to update your choices once a month with Bank of America.
As a reward, you can get 3% back in your chosen category and an extra 2% when you shop at wholesale clubs and grocery stores. You can only earn a maximum of $2,500 in quarterly bonuses from both the 3% and 2% categories combined. Gain an endless 1% on every other purchase.
Make $1,000 in purchases within the first 90 days of opening your account to earn a $200 cash rewards incentive.
Cost per year: 0%
The card comes with an introductory purchase APR that could be useful for paying off your books gradually, among other advantages and disadvantages. Balance transfers can help non-traditional students pay off their debt faster and at lower interest rates. Keep in mind that your usual APR will apply after the introductory period ends. With this card, students also get free access to their FICO Score, so they may monitor their credit score improvement over time.
Student Cash Rewards Credit Card from Capital One Quicksilver
If you'd rather get cash back than points or miles when you travel, you might look into the Capital One Quicksilver Student Cash Rewards Credit Card (rates & fees). Benefits of travel accident insurance are included, and there are no fees for making overseas transactions with this card.
Who should apply: Students interested in earning cash back on all purchases may apply for the Capital One Quicksilver Student Cash Rewards Credit Card.
Benefits: Receive 10% back on all Uber and Uber Eats purchases until 11/14/2024, 5% back on all Capital One Travel hotel and car rental bookings, and 1.5% back on all transactions.
Receive $50 as a welcome bonus when you spend $100 within the first three months.
Cost per year: 0%
The card comes with a lot of travel perks, such free concierge services and access to Capital One Travel, and it also comes with extended warranty benefits on some items. However, there are a few downsides.
Student Cash Rewards Credit Card from Capital One SavorOne [skip to content]
Discover the incredible benefits and cash-back returns offered by the Capital One SavorOne Student Cash returns Credit Card (rates & fees) when you spend at restaurants, movie theaters, and grocery shops, among other high-spend areas.
Those looking to maximize their cash-back rewards at restaurants, movie theaters, and grocery shops can apply for the Capital One SavorOne Student Cash Rewards Credit Card.
Benefits: Receive 10% back on Uber and Uber Eats purchases until 11/14/2024, 3% back on foodstuffs, entertainment, popular streaming services, and grocery stores (excluding megastores like Target and Walmart®), 5% back on hotels and rental cars booked through Capital One Travel, 8% back on purchases made through Capital One Entertainment, and 1% back on all other purchases.
Receive $50 as a welcome bonus when you spend $100 within the first three months.
Cost per year: 0%
Capital One SavorOne Student Cash Rewards Credit Cards have a number of advantages and disadvantages. One of the advantages is that it does not charge fees for overseas transactions. Another perk is that it comes with extended warranty benefits and complimentary concierge service.
Student Travel Rewards Credit Card from Bank of America
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Among its many appealing features is the absence of international transaction fees, which makes the Bank of America® Travel Rewards credit card for Students an excellent choice for students studying abroad. The card also comes with an attractive introductory bonus, easy-to-earn rewards, and no annual fee.
Ideal for students looking to earn points redeemable for travel, the Bank of America® Travel Rewards credit card is a great choice.
Benefits: As long as your account is active, you can earn 1.5 points for every dollar spent, no matter where you are or what you're buying.
Get 25,000 bonus points when you spend $1,000 within the first three months of creating your account.
Cost per year: 0%
Additional advantages and disadvantages: The Travel Rewards program from Bank of America is simple to use: Spend your points for flights, hotels, holiday packages, cruises, rental cars, baggage fees, meals (including takeout), and more—all with the value of one penny per point when applied to your statement credit. If you're planning on studying abroad or taking a spring break trip abroad, this card will come in useful because it does not charge any foreign transaction fees. Students will have to hold off on getting better travel reward cards until their credit is stronger, because this one doesn't offer any travel protections like insurance or lost luggage support.
Unlimitted Cash Rewards Credit Card from Bank of America® for Students
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Among the many student credit cards available, the Bank of America® Unlimited Cash Rewards card stands out with its low introductory APR on purchases and debt transfers and rewards rate that is respectable for a student card.
Those looking for a consistent cash-back rate will love the Bank of America® Unlimited Cash Rewards credit card for students.
Benefits: Get unlimited 1.5% cash back on everything you buy.
Offer details: Spend $1,000 within 90 days of account opening to earn a $200 cash rewards incentive.
Cost per year: 0%
Among the other pros and cons, the introductory 0% APR for 15 billing cycles on purchases and balance transfers done within the first 60 days is rather appealing. After that, the APR ranges from 18.24% to 28.24%, which is variable. For the first 60 days, the balance transfer cost is 3%; after that, it rises to 4%, which is applicable when making a sizable purchase or attempting to reduce debt. If you wish to study abroad, this isn't the card for you because of the fees associated with foreign transactions.
Learn Chrome with Discover It®
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While the Discover it® Student Cash Back is likely the superior choice, the Discover it® Student Chrome is worth considering for individuals with a more restricted purchasing pattern.
Who should apply: Students who spend a lot on food and petrol will benefit most from the Discover it® Student Chrome card.
Perks: Get 2% back on dining and petrol purchases up to $1,000 every quarter, and 1% back on everything else when you use your rewards card.
Special incentive: At the conclusion of the first year, Discover will match all cash back earnings in an unlimited fashion. Neither the minimum nor the maximum awards are specified.
Cost per year: 0%
Other pros and cons: a flat-rate credit card is generally the way to go unless you spend more than 50% of your income on food and gas. You can pay for your books in full during the semester without paying interest with the Discover it® Student Chrome, which has a 0% initial APR on purchases for six months until a regular variable APR of 18.24% - 27.24% applies. After the initial six months, interest will naturally begin to accrue at the full rate. Since the welcome bonus will double all first-year prizes, it might be a significant help.