Some of the best student credit cards from major banks offer cash back rewards and other perks that help cut costs. Others make it easier to manage a credit card account and provide those with bad credit resources for building credit.
The absolute best credit cards for college students based on introductory offers and rates, perks and purchase APRs — that is, the annual percentage rate that applies to outstanding balances on purchases you’ve made. Compare card details of the 10 best credit cards for students — each of which charges no annual fee — to find your perfect match.
Credit cards that is best for students are– no annual fee and offers rewards points. Interest rates vary, but most are within 12 percent to 24 percent. The primary differences are the introductory offers — which can include zero interest for the first few months — and the way they process your rewards points.
Whatever credit cards you choose, you can apply for a student credit card online. You’ll need some basic information like your address, social security number and source of income if you have any. Many banks will approve you right away, and you’ll usually get your card in the mail in a few days.
If you get declined for a student credit card, don’t despair. You can look into a secured card, like the Capital One Secured MasterCard, which will help you build your credit so that you can later qualify for an unsecured card.
By using your student credit card responsibly, you can build credit while you’re still in school so you’ll have a strong credit score and history when it’s time to rent an apartment, get a job or buy a home.