There are a number of great credit cards for students. Whether you’re an undergraduate or a graduate student, you can benefit from the flexibility of a credit card. You can use it to purchase textbooks and other school supplies, and you can also get cash back for your purchases. Read on to learn more about some of the best student credit cards.
Discover it Student Cash Back
Discover it Student Cash Back is one of the best student credit cards on the market. It comes with a number of benefits including a generous cash back match and no annual fee. However, this card may not be the right choice for every student.
This credit card is designed for young adults without a lot of credit history. It offers a high reward rate, as well as other features that will help you build a credit score. While this card may not be ideal for students who are studying abroad or plan to make late payments, it can be a good option for students who are organized and want to make the most of their rewards.
The sign up bonus on the Discover it Student Cash Back is a nice perk. The card rewards you with 1% cash back on all purchases. In addition, it offers 5% cash back in rotating categories each quarter. These rewards are available for direct deposits, charitable donations, and statement credits.
Another great feature on the Discover it Student Cash Back is its calendar reminders. You’ll get a month-long list of appointments, making it easy to remember to pay your bills on time. Plus, you’ll be alerted if your Social Security number is posted on the dark web. Keeping track of your social security number is important to keep your personal information safe.
You can use your Discover it Student Cash Back to make purchases at the pump or pay for groceries. In fact, you can do just about anything with this card. For instance, you can buy toiletries, gas, and even pay for your rent.
Bank of America Travel Rewards for Students
The Bank of America Travel Rewards for Students is a credit card that has been specifically designed for students. It offers a great sign-up bonus and a decent rewards program. A great bonus is 25,000 points for spending $1,000 in the first 90 days. This is worth $250 towards travel purchases.
Another good reason to consider the Bank of America Travel Rewards for Students is the 18-month introductory APR. This means that the balance won’t be subject to any interest charges if you pay it off in full within the first year.
However, there are some limitations to this card. First, the annual fee is $0, and there is no foreign transaction fee. You will also have to pay a 3% balance transfer fee. If you’re traveling abroad, you may have to pay a 1% to 3% conversion fee to get your purchases converted to US dollars.
Another limitation to the card is that it has no special categories. While there is a point system, the cards earn points on any purchase you make. These generic points can be redeemed for a variety of travel costs, such as hotels, airfare, and car rentals.
The best thing about the Bank of America Travel Rewards for Students is that there are no blackout dates or limits. That means that you can spend a million dollars on a single trip and still earn enough points to pay for it.
On the downside, you must pay the balance in full each month to avoid interest charges. In addition, you’ll need to meet a few requirements in order to qualify for Preferred Rewards Gold status.
One of the biggest drawbacks to the card is its high account balance requirement. To qualify for this offer, you need to have a FICO score of 690. Many students will not qualify because of this.
Deserve EDU Mastercard
If you’re an international student, you may be eligible for the Deserve EDU Mastercard. This credit card offers a wide variety of benefits. With no annual fee and no foreign transaction fees, you can earn cash back on every purchase.
The card also comes with an extended warranty, cellphone protection, and travel accident insurance. These features can help you get the most out of your investment. Moreover, the credit limit on the card is up to $5,000, which can be helpful to students who are looking to increase their credit.
In addition to cash back, the Deserve EDU Mastercard offers free Amazon Prime Student subscriptions and cell phone protection. Its referral program is also a great way to earn $30.
However, the cash back rate on the Deserve EDU Mastercard is lower than other cards. To earn a full $100 cash back, you’ll need to spend over $10k in a year. That may be a bit much for some college students.
Other cards, however, offer higher rates on specific categories. For instance, the Bank of America Cash Rewards Credit Card for Students offers 3% cash back on eligible travel purchases.
The Deserve EDU Mastercard is an ideal credit card for students who are just starting out. This card will allow you to establish a credit history without having to pay an annual fee.
As a benefit, you’ll have access to a free monthly FICO score. You’ll also receive security alerts to protect your identity. Also, the card’s cash back rewards never expire while your account is open.
If you’re an international student, you can apply for the Deserve EDU Mastercard without a social security number. This is helpful for students who are unable to obtain a credit card due to their lack of credit history.
Journey Student Rewards from Capital One
The Journey Student Rewards from Capital One is designed specifically for college students, which means that it is a great way to improve your credit score without having to deal with a lot of the hassles of a regular credit card. It also has a number of useful features, including a mobile app and mobile bill payment options.
While the Journey Student Rewards from Capital One offers no sign-up bonus, it is a solid choice for students looking for a basic cash back rewards card from a major issuer. If you have a 640 credit score, you’re in good shape to qualify for this card, but if you have more modest credit, you may be better off opting for a more comprehensive offer.
With its simple rewards program and solid customer service, the Journey Student Rewards from Capital One card is a good option for anyone. However, the lack of a bonus or a welcome offer could put it at a disadvantage compared to other cards.
Another thing to consider with the Journey Student Rewards from Capital One is its underwriting criteria. The average credit limit on this card is relatively low, making it difficult to get into big debt. To avoid this, it’s best to pay your bill on time. But the best part about the card is that you can upgrade your line of credit to higher limits for a reasonable fee, if you are willing to make the commitment.
This card comes with a few other perks, too, including a mobile app and automatic redemptions. Additionally, the card has strong security features, including fraud coverage.
There is no annual fee, but it does have a 3% cash advance fee. You can earn a modest 1.25% cash back when you pay your bills on time. Also, there are no foreign transaction fees.
The SavorOne Student card is a cash back student credit card with a wide variety of features that help students save money. It offers an impressive cash back rate and valuable account protections. With no annual fee and no foreign transaction fees, this credit card is a great choice for students.
SavorOne rewards include 3% cash back on a wide range of purchases including dining, entertainment, streaming services, and groceries. You can redeem your rewards as a mailed check, a statement credit, or as an Amazon gift card.
In addition to the 3% cash back, the SavorOne Rewards for Students Card also offers other valuable benefits. They include fraud prevention, extended warranties on eligible purchases, and travel accident insurance. And with no annual fee and no activation or late payment charges, you won’t have to worry about overspending.
The SavorOne Student card is a perfect choice for students with fair or average credit. The card also has a generous signup bonus of $100, so you can immediately start earning cash back.
Compared to other student cards, the SavorOne Student card has lower fees and a low spending limit. If you make your payments on time, you can earn a credit line increase. But if you miss a payment, you can face a $40 late payment fee. This card is a good choice for students who travel abroad, or those who spend a lot of money on transportation.
The SavorOne Rewards for Students Card isn’t ideal for new credit card users or applicants with bad credit. However, if you’re a student who already has a few positive credit lines, it may be the right fit.