What Are the Best Credit Cards for Students?

Best Credit Cards for Students: What You Need to Know

As a student, you may be looking for a credit card that can help you build credit and manage your finances. With so many options available, it can be difficult to know where to start. In this article, we'll take a look at the bestcredit cards for studentsand what you need to know before applying.

1. Discover it Student Cash Back

The Discover it Student Cash Back card is a great option for students who want to earn rewards while building credit. With this card, you'll earn 5% cash back on rotating categories each quarter such as gas stations, grocery stores, restaurants, and more. Plus, you'll earn 1% cash back on all other purchases. Discover also offers a first-year matching bonus, where they will match all the cash back you earned during your first year.

2. Journey Student Rewards from Capital One

If you're looking for a credit card with a low barrier to entry, the Journey Student Rewards from Capital One may be a good option. This card offers 1% cash back on all purchases, with an additional 0.25% cash back bonus when you make your payments on time. Plus, there's no annual fee or foreign transaction fees.

3. Bank of America Travel Rewards for Students

If you're a student who loves to travel, the Bank of America Travel Rewards for Students card may be the perfect fit. This card offers 1.5 points for every dollar spent, which can be redeemed for travel purchases. Plus, there's no annual fee and no foreign transaction fees.

4. Citi Rewards+ Student Card

The Citi Rewards+ Student Card is a unique credit card that rounds up every purchase to the nearest 10 points. This means that a $5 purchase would earn 10 points, making it easier to earn rewards. Plus, you'll earn 2x points at supermarkets and gas stations, and 1x points on all other purchases. There's also a 0% introductory APR on purchases for the first 7 months.

Tips for Applying for a Credit Card as a Student

When applying for a credit card as a student, there are a few things you should keep in mind to ensure you're making the best decision.

1. Build Credit Responsibly

A credit card is a great tool for building credit, but it's important to use it responsibly. Make sure you're only charging what you can afford to pay back each month and always pay your bill on time.

2. Watch Out for Fees

Many credit cards come with annual fees, foreign transaction fees, and other hidden fees. Make sure you're aware of all the fees associated with a card before applying.

3. Consider a Co-Signer

If you're having trouble getting approved for a credit card on your own, consider applying with a co-signer. This can help you get approved and may even help you get a lower interest rate.

In conclusion, there are many great credit card options available for students. By doing your research and considering your own financial goals and needs, you can find a card that's right for you. Just remember to use your credit responsibly and watch out for fees.