Student credit cards are quite similar to regular credit cards but are tailored to meet the needs of college students. They usually come with low fees, reasonable interest rates, and perks that cater specifically to the college lifestyle. Many offer rewards for everyday expenses like gas, groceries, and dining out, making them quite accessible and easy to find.
Let’s dive into the best student credit cards for 2024. Each card stands out for something special, whether it’s exceptional rewards on daily expenses or offering higher credit limits than typical student cards. Our favorite pick provides the best overall value in our opinion.
The Petal® 2 "Cash Back, No Fees" Visa® Credit Card is a standout, not just among student cards but in the credit card market in general. It’s great for students and recent grads alike, offering up to 10% cash back with select merchants and no annual or foreign transaction fees. Even if you don’t have a credit history, you can qualify based on your income. The card also helps you build credit by reporting to all three major credit bureaus.
Next, the Deserve EDU Student Credit Card, which doesn’t require a U.S. credit history, making it perfect for international students. It offers 1% cash back on all purchases and includes a one-year Amazon Prime Student subscription if you meet the early spending requirements.
For those who love cash back, the Capital One SavorOne Student Cash Rewards Credit Card offers up to 8% back on select purchases and 3% on dining, entertainment, and grocery stores. It’s a fantastic choice for students who want to maximize returns without paying an annual fee.
The Capital One Quicksilver Student Cash Rewards Credit Card provides a flat 1.5% cash back on most purchases and includes perks like a complimentary UberOne membership for a limited time. It’s a solid choice for straightforward rewards with no annual fee.
Lastly, the Bank of America® Travel Rewards Credit Card for Students is generous with its sign-up bonus and offers 1.5x points on all purchases. It’s particularly appealing if you’re planning to travel or study abroad, as there are no foreign transaction fees.
Choosing the right student credit card involves considering your spending habits and lifestyle needs. While some cards are easier to qualify for, others offer better rewards or fewer fees. It’s all about finding the balance that works best for you as you build your credit and manage your finances during your college years.
