As a student, managing finances and building credit can be challenging. A credit card can be a helpful tool in achieving these goals, but with so many options available, it can be overwhelming to choose the right one. Fortunately, there are several credit cards specifically designed for students that offer rewards, benefits, and low fees. In this blog post, we will go over some of the best credit cards for students, including their features and benefits, to help you make an informed decision when choosing a credit card. Whether you’re looking for cash back, points, or a way to establish credit, there is a credit card option for every student’s needs.

Discover it Student Cash Back

The Discover it Student Cash Back card is a popular choice for students looking to build their credit. This card offers 5% cash back on rotating categories that change every quarter, such as restaurants, gas stations, and Amazon.com. Additionally, students can earn 1% cash back on all other purchases. Discover will match all the cash back earned at the end of the first year, which means students can earn even more cashback during their first year of using the card.

The Discover it Student Cash Back card also offers a free FICO credit score each month and has no annual fee. This card is a great option for students who want to earn cash back on their purchases while building their credit.

Student Bank of America Cash Rewards Credit Card

The Bank of America Cash Rewards Credit Card for Students is another great option for students who want to earn cashback. This card offers 3% cash back in a category of the cardholder’s choice, such as gas, online shopping, or dining. Students are also able to get 2% money back at grocery stores and wholesale clubs and 1% cash back on all other purchases.

The card also has no annual fee and offers a $200 cash rewards bonus after making $1,000 in purchases within the first 90 days of account opening.

Citi Rewards+ Student Card

Students who prefer to earn points over cashback should consider the Citi Rewards+ Student Card. With this card, the first $6,000 in annual spending earns you 2X ThankYou points at supermarkets and gas stations and 1X ThankYou points on all other purchases. Additionally, every purchase cardholders make is rounded up to the nearest 10 points, which means students can earn points faster.

One unique feature of this card is that cardholders can redeem points for a 10% points rebate when they redeem at least 10,000 points in a single transaction. The card also has no annual fee and offers a 25,000 ThankYou point bonus after spending $1,500 within the first three months of account opening.

Journey Student Rewards from Capital One

The Journey Student Rewards program from Capital One is designed specifically for students who are new to credit. This card offers 1% cash back on all purchases and an additional 0.25% cash back when cardholders make their payments on time. This means students can earn up to 1.25% cash back on their purchases.

The Journey Student Rewards card also offers access to a higher credit line after making the first five monthly payments on time. This card has no annual fee and is a great option for students who want to build their credit and earn rewards.

Secured credit cards

If you are unable to qualify for an unsecured credit card due to a lack of credit history or poor credit, secured credit cards can be a good option. Secured credit cards call for a security deposit, which serves as collateral for the credit line. These cards can help you establish or rebuild your credit, and once you have built a good credit history, you may be able to upgrade to an unsecured credit card.

Some good secured credit cards for students include:

• Capital One Secured Mastercard: This requires a minimum security deposit of $49, $99, or $200, depending on your creditworthiness. The card offers access to higher credit lines after making the first five monthly payments on time and has no annual fee.

• Discover it Secured: This card also requires a security deposit, but offers 2% cash back at gas stations and restaurants, up to $1,000 in combined purchases each quarter, and 1% cash back on all other purchases. Discover will match all the cash back earned at the end of the first year, and the card has no annual fee.

Overall, there are many credit card options available for students. When choosing a credit card, consider factors such as rewards, annual fees, interest rates, credit limits, and benefits. Make sure to read the terms and conditions carefully, and use your credit card responsibly to avoid debt and build a strong credit history.