We take a look at the student credit cards available
There are countless amounts of student credit cards floating around in the world today. For inexperienced plastic holders, it is undoubtedly difficult to know which ones are good and which ones are bad. Furthermore, it’s doubly difficult to understand which student credit cards are looking out for your best interests as a first-time credit builder and which ones are out to suck as much money from you as they can. To aid you in your decision, here is a list of student credit cards that are at the top of the list for college students.
|
Student Credit Card Title |
|
Benefits |
Annual Fee |
|---|---|---|---|
|
Discover® Student Card |
13.99-20.99% |
This student credit card offers 0% APR in the first 9 months, 5% cash back on popular college categories like travel, groceries and gas. It also has cute designs like a mix tape or a tropical beach. |
There is no annual fee |
|
Citi® mtvU Platinum® Select Visa® Card |
13.99-20.99% |
Like other student credit cards, this card offers rewards for spending money in categories like record stores, movie theaters and bookstores. You can also get rewards for keeping a high GPA. |
There is no annual fee
|
|
Citi Forward® Card for College Students |
13.99-22.99% |
This student credit card awards you with a lower |
There is no annual fee |
|
Wells Fargo® Cash Back College Card |
7.9 -13.9%
|
You get full one percent cash back on all spending, not just specific spending, so the cash back is on a larger basis. Also, rewards are deposited in your bank account, credited to your card statement or sent to you by check. |
There is no annual fee |
|
Capital One® Journey Student Rewards Credit Card |
19.8%. |
This card gives you 1% cash back on all spending, but you also get .25% bonus for each month you pay your bill on time. |
There is no annual fee |
|
U.S. Bank College Visa® Credit Card |
11.99-20.99% |
This card does not have any rewards or cash back. But the lack of rewards allows students to focus more on paying off their bill than spending more to receive rewards. |
There is no annul fee |
|
Discover® Open Road® Card for Students |
0% for first 9 months, then 13.99-20.99% |
5% Cashback Bonus® in categories that change like travel, department stores, gas, groceries, restaurants and more. There is also a 1% cash back bonus on everything else you buy.
|
There is no annual fee |
|
Citi® Dividend Platinum Select® Card for College Students |
13.99-21.99% |
This card requires no co-signer and 5% cash back on purchases at supermarkets, drugstores, gas stations, convenience stores and utilities (including cable) for 6 months and 1% after. You can also earn 2% cash back in rotating categories like restaurants, apparel, hotel and more. |
There is no annual fee |
|
UPside Visa® Prepaid Card |
The prepaid card has no |
This prepaid student credit card is similar to a checking account. There is no credit check and no activation fee. It also offers free direct deposit from employers or load cash at 50,000 retailers. |
There is a $0.99 monthly fee for cards that have $500 or more. |
|
Orchard Bank Classic MasterCards® |
7.90-19.90% |
This card is good if you are trying to rebuild your credit score. Your account information is updated and available 24/7. Email and text messages are available to remind you of payment due dates. |
$0 – $59 the first year; $35-$59 per year thereafter, based on credit worthiness |
Whether you are getting your first student credit card or trying to find a card that will help you cope with previous credit card woes, the cards listed above are the best to help build credit. Just remember, regardless of what credit card you have, paying it off each month is the most important aspect of having a credit card as a student. If you pay it off each month, then you never have to worry about falling into debt or paying interest. Of course, sometimes it’s just not possible to pay the bill every month, so choosing a credit card with a low interest rate is the best choice for students.
