Best Credit Cards for Students USA – January 2025
Table of Contents
Table of Contents
1. Discover it® Student Cash Back
Key Features:
- Annual Fee: $0
- Rewards: 5% cashback on rotating quarterly categories (e.g., grocery stores, restaurants, and gas stations) up to the quarterly limit (requires activation) and 1% on all other purchases.
- Sign-up Bonus: Discover matches all cashback earned at the end of the first year.
- Additional Perks:
- Free access to your FICO® credit score.
- Forgiveness for the first late payment.
- Eligibility: No prior credit history required.
Why It’s Great for Students: Discover it® Student Cash Back offers excellent rewards and a valuable first-year cashback match, making it ideal for students who want to maximize their spending benefits.
2. Chase Freedom® Student Credit Card
Key Features:
- Annual Fee: $0
- Rewards: 1% unlimited cashback on all purchases.
- Sign-up Bonus: $50 after making the first purchase within three months.
- Additional Perks:
- Automatic credit line review after five months of on-time payments.
- Free access to Credit Journey® to monitor credit score.
- Eligibility: Must be a college student and at least 18 years old.
Why It’s Great for Students: This card emphasizes responsible credit use by offering periodic credit limit increases and straightforward rewards.
3. Bank of America® Travel Rewards for Students
Key Features:
- Annual Fee: $0
- Rewards: 1.5 points per dollar on all purchases, with no expiration on points.
- Sign-up Bonus: 25,000 points (equivalent to $250) after spending $1,000 in the first 90 days.
- Additional Perks:
- No foreign transaction fees.
- Redeem points for travel-related expenses like flights, hotels, and rental cars.
- Eligibility: No prior credit history required.
Why It’s Great for Students: This card is perfect for students planning international travel or studying abroad, thanks to its no foreign transaction fees and travel rewards.
4. Capital One Savor One Student Cash Rewards
Key Features:
- Annual Fee: $0
- Rewards:
- 3% cashback on dining, entertainment, and popular streaming services.
- 3% on grocery stores (excluding superstores like Walmart and Target).
- 1% on all other purchases.
- Sign-up Bonus: Earn $50 after spending $100 in the first three months.
- Additional Perks:
- No foreign transaction fees.
- Free credit monitoring tools.
- Eligibility: Open to students with limited or no credit history.
Why It’s Great for Students: This card offers generous rewards on entertainment and dining, making it a fun choice for students who enjoy going out and streaming services.
5. Deserve® EDU Mastercard for Students
Key Features:
- Annual Fee: $0
- Rewards: 1% cashback on all purchases.
- Sign-up Bonus: One year of Amazon Prime Student subscription after spending $500 in the first three billing cycles.
- Additional Perks:
- Cell phone protection.
- No security deposit required.
- Eligibility: Ideal for international students without a Social Security number (requires passport and student visa).
Why It’s Great for Students: Deserve® EDU is perfect for international students who may not have a U.S. credit history but want a card to build credit and access cashback rewards.
6. Petal® 2 Visa® Credit Card
Key Features:
- Annual Fee: $0
- Rewards:
- 1% cashback on all purchases, increasing to 1.5% after 12 on-time monthly payments.
- 2-10% cashback at select merchants.
- Additional Perks:
- No late fees, over-limit fees, or foreign transaction fees.
- Tracks spending insights through a mobile app.
- Eligibility: Designed for those with limited credit history; uses banking history to assess creditworthiness.
Why It’s Great for Students: Petal® 2 is a no-fee card with excellent cashback rates and spending tools, making it a great choice for tech-savvy students.
How to Choose the Right Student Credit Card
Here are a few hints for picking the best card:
Assess Your Needs:: Pick a card that lines up with your ways of managing money. In the event that you eat out frequently, decide on a card with feasting rewards.
Search for Low Charges: Stay away from cards with yearly expenses or high unfamiliar exchange expenses.
Center around Building Credit: Select a card offering free credit checking devices and reports to find out about credit the executives.
Think about Qualification: A few cards cater explicitly to global understudies or those with no earlier financial record.
Tips for Responsible Credit Card Use
- Cover Your Balance: Stay away from interest charges by taking care of your card balance consistently.
- Track Spending: Use applications or devices given by the guarantor to screen costs and remain affordable enough for you.
- Keep Credit Usage Low: Plan to utilize under 30% of your accessible credit limit.
- Make Ideal Payments: Late payments can hurt your credit score and bring about punishments.
Best Credit Cards for Students USA , January 2025?
1. Discover it® Student Cash Back, 2. Chase Freedom® Student Credit Card, 3. Bank of America® Travel Rewards for Students, visit InsureJacks for detailed article.
5 latest credit cards in US for college students December 2024?
1. Discover it® Student Cash Back, 2. Chase Freedom® Student Credit Card, 3. Bank of America® Travel Rewards for Students, visit InsureJacks for detailed article.