Best Student Credit Cards

Table of Contents

What are Student Credit Cards?

Best Student credit cards are specifically designed for college students who may not have a long credit history or a high income. These cards offer a range of benefits and advantages that can help students build credit, manage their finances, and learn responsible spending habits.

Benefits and Advantages of Student Credit Cards

Building Credit: Student credit cards provide an opportunity for students to start building their credit history. By using the card responsibly and making timely payments, students can establish a positive credit history and improve their credit score.
Ease of Approval: Compared to regular credit cards, student credit cards often have more lenient approval criteria. This means that even students with limited or no credit history can qualify for these cards.
Rewards and Perks: Many student credit cards offer rewards programs or cashback incentives. These rewards can be earned on everyday purchases such as textbooks, groceries, or dining out, allowing students to save money or earn additional benefits.

Tips for Responsible Credit Card Usage

While student credit cards can be beneficial, it’s important to use them responsibly. Here are some tips for responsible credit card usage:

Set a Budget: Before using your student credit card, create a monthly budget to ensure you don’t overspend. Stick to this budget and avoid carrying a balance on your card to avoid unnecessary interest charges.
Make Timely Payments: Pay your credit card bills on time and in full each month. This not only helps you avoid late fees and penalties but also boosts your credit score.
Monitor Your Spending: Regularly review your credit card statements and keep track of your spending. This will help you identify any unauthorized charges and stay on top of your financial situation.

By utilizing a student credit card responsibly and following these tips, students can start building their credit history, learn important financial skills, and enjoy the benefits and advantages of owning a credit card.

Insurance for Students

Discover it Student Cash Back

Discover it Student Cash Back features and rewards

The Discover it Student Cash Back credit card is an excellent choice for college students looking to build credit and earn rewards. With this card, students can enjoy a variety of features and benefits:

Cash Back Rewards: Earn 5% cash back on rotating categories each quarter, such as gas stations, grocery stores, restaurants, and more. Plus, earn unlimited 1% cash back on all other purchases.
Good Grade Reward: Students with a GPA of 3.0 or higher can earn a $20 statement credit each school year for up to 5 years.
No Annual Fee: The Discover it Student Cash Back card has no annual fee, making it a cost-effective option for students.
Introductory 0% APR: Enjoy a 0% introductory APR for the first 6 months on purchases. This can be helpful for students who need to make large purchases or want to finance certain expenses.

How to apply for and manage a Discover it Student Cash Back credit card

Applying for a Discover it Student Cash Back credit card is straightforward. Students can visit the Discover website, fill out the application form, and provide the necessary documentation. It is essential to have proof of income or a co-signer if the student does not have a steady source of income.

Once approved, students can manage their credit card account online or through the Discover mobile app. It is crucial to regularly check the account balance, make payments on time, and monitor cash back rewards.

With its attractive rewards program, no annual fee, and various features, the Discover it Student Cash Back credit card is an excellent option for college students looking to build credit responsibly and enjoy the benefits of owning a credit card.

Journey Student Rewards from Capital One

Journey Student Rewards from Capital One benefits and rewards

The Journey Student Rewards credit card from Capital One is an ideal choice for college students who want to start building their credit history. This card offers a range of benefits and rewards designed specifically for students:

Cash Back Rewards: Earn 1% cash back on every purchase you make. Plus, get an additional 0.25% cash back when you make your payments on time, making it a great incentive to develop responsible spending habits.
No Annual Fee: The Journey Student Rewards card has no annual fee, making it a cost-effective option for students on a tight budget.
Credit Journey: Capital One provides tools and resources to help students understand and manage their credit. Credit Journey offers free access to your credit score, alerts, and tips for improving your credit.

Steps to apply for and effectively use the Journey Student Rewards credit card

Discover Your Eligibility: Visit the Capital One website to check if you qualify for the Journey Student Rewards card. You will need to provide some basic information, such as your income and employment status.
Complete the Application: Fill out the application form with accurate and up-to-date information. Be sure to review the terms and conditions of the card before submitting your application.
Manage Your Account: Once approved, you can conveniently manage your credit card account online or through the Capital One mobile app. Monitor your transactions, make payments on time, and keep track of your cash back rewards.

The Journey Student Rewards from Capital One is a valuable tool for college students to start building credit responsibly while enjoying the benefits of a cash back rewards program.

Citi Rewards+ Student Card

Citi Rewards+ Student Card features and benefits

The Citi Rewards+ Student Card is an excellent choice for college students who are looking to build their credit while enjoying rewards and benefits tailored specifically for their needs. Here are some of the features and benefits of this student credit card:

Rewards Program: With the Citi Rewards+ Student Card, you can earn 2 ThankYou Points for every dollar spent at supermarkets and gas stations, up to $6,000 per year. Additionally, you earn 1 ThankYou Point for every dollar spent on all other purchases. These points can be redeemed for various rewards, including gift cards, merchandise, travel, and even cash back.
Round-Up Feature: This unique feature automatically rounds up your purchases to the nearest 10 points. For example, if you make a purchase worth $7.50, you will earn 10 ThankYou Points. This allows you to maximize your rewards even on small purchases.
No Annual Fee: The Citi Rewards+ Student Card comes with no annual fee, making it a cost-effective choice for students who are on a tight budget.

Applying for and maximizing the rewards of the Citi Rewards+ Student Card

To apply for the Citi Rewards+ Student Card, you can visit the Citi website or call their customer service. You will need to provide some basic information and meet the eligibility criteria.

To maximize the rewards of this credit card, consider the following tips:

Use the card for everyday expenses: By using the Citi Rewards+ Student Card for your everyday purchases such as groceries and gas, you can earn more ThankYou Points quickly.
Pay your balance in full: To avoid unnecessary interest charges, it is important to pay your balance in full and on time every month. This will also help you build a positive credit history.
Take advantage of the round-up feature: The round-up feature is a great way to earn extra points on small purchases. Make sure to enable this feature and watch your rewards grow.

The Citi Rewards+ Student Card provides college students with a convenient and rewarding credit card option, allowing them to build credit responsibly while enjoying valuable benefits and rewards.

Conclusion

When it comes to student credit cards, there are several options available that offer unique features and benefits tailored to the needs of college students. Discover it Student Cash Back, Journey Student Rewards, and Citi Rewards+ Student Card are all popular choices. Each card has its own set of rewards programs, features, and eligibility criteria.

When choosing a student credit card, it’s important to consider factors such as the rewards program, annual fees, interest rates, and credit-building opportunities. It’s also essential to understand the terms and conditions of each card, including any restrictions or limitations.

By comparing the benefits and considering your individual needs and financial goals, you can find the best student credit card that will help you build credit responsibly and enjoy valuable rewards during your college years.