Student Credit Cards: Explore the Top 5 Student Credit Cards for September 2018
Student Credit Cards: If you are a college student, you might have wanted to own a credit card at some point but you just like your peers you wouldn’t be having much knowledge about maintaining the credit history and the requirements to apply for credit cards. You might also be doubtful about which credit card to apply to because every credit card offering service says that they are the best and they offer the maximum benefits. The things you need to look out for, before applying for a credit card includes verifying that it has reasonable APRs, low fees and offers benefits catered specifically for the college students. It might interest you that some of the credit cards also offer cash back on regular purchases like groceries, gas and dining out.
Whether you want to use a credit card carry a balance, to build your credit card history or to maximize your rewards, we have a list of 5 of the top credit cards that you can consider if you are a student:
Journey Student Rewards from Capital One
Capital One Journey Student Rewards is one of the ideal options with a low-fee and responsible credit for students. Through the card, you can enjoy 1% cash back on all purchases and 0.25% cash back as a bonus for making timely payments every month. Also, the card offers various other benefits to students:
- No annual fees
- No early bonus on expenditures
- No foreign transaction fee
- No introductory annual percentage rate (APR)
- Access to a higher credit line if you make the first five monthly payments on time
- Easy monitoring of your financial profile with the CreditWise application
- Fraud liability in case of lost or stolen card is $0
- Opportunity to fix a monthly due date as per your convenience
Discover it Student Cash Back
Discover It Student Cash Back has one of the best cash back offers as compared to all other credit cards for students. You will have no spending restriction or caps, and each purchase would get you 5% cash back. Purchases like gas station refills and groceries from departmental stores, which come under the category of quarterly rotating spending would earn you 5% cash back up to a limit of $1,500 quarterly. Some of the other benefits of this card exclusively for students include:
- All the cash back that you earn during the first years gets doubled up automatically
- No annual fees
- No foreign transaction fee
- No late fee on your first late payment
- For the first six months, there is 0% purchase APR
- Free FICO credit score at the end of each month
- Free social security number alerts
- Easy switch off for any of the services like further purchases, balance transfer, and cash ad
Citi Thank You, Preferred Card
You will get the best sign up bonuses on the Citi Thank You, Preferred Card, which you can later redeem. You will be eligible for the 2,500 bonus points on spending a total of $50 on the purchases within the first three months after you receive your card. These 2,500 bonus points are worth $25 in electrical, gift cards and many other categories on their redeemable portal. Some of the other perks that you get with this credit card include:
- Earn one point per dollar on every purchase
- Earn two points per dollar on eating or dining out
- No annual fees
- Zero percent APR for first seven months
Deserve Edu Master Card
Deserve Edu Master Card is the best option available for the international students. The students who do not have a social security number, including the international students, can apply for this credit card without as other cards require you to mention your social security number as a mandatory pre-requisite. The perks that you get with this card include:
- No annual fees
- Earn one perfect unlimited cash back on all the purchases
- Free Amazon Prime Student membership
- If you build a good credit history while using the Deserve Edu Master Card, then you will be eligible for Deserve Pro Master Card which offers three percent cash back on entertainment and travel along with two percent cash back on restaurants
Bank of America Travel Awards
The Bank of America Travel Award gives you an amazing bonus of 20,000 points on the purchases of $1,000 within first 90 days of the issuing of the card. You can redeem these points for travel purchases made with your credit card for up to $200. The other perks of this card include:
- Earn 1.5 points per dollar spent on purchases
- Free access to FICO score
- Zero percent interest on first 12 purchases
- No annual fees
- No foreign transaction charges
