7 Best Credit Cards for Students In the US 2024
Managing finances as a student can be challenging, but choosing the right credit card can make a significant difference. Student credit cards offer various benefits such as rewards, low or no fees, and tools to help build credit. In this guide, we’ll explore the best credit cards for students in 2024 to help you make an informed decision.
1. Discover it® Student Cash Back
Best Feature: Student rewards.
Credit Needed: Fair, New to Credit 580-740
Intro Bonus: Discover will match all the cash back you’ve earned at the end of your first year.
Annual Fee: $0
Regular APR: 18.24% – 27.24% Variable APR
Apply Now: On Discover’s Website
Our Take: The Discover it® Student Cash Back card is an excellent choice for students looking to earn rewards while building their credit. With no annual fee and a generous cashback match at the end of the first year, it’s designed to help students manage their finances responsibly.
2. Discover it® Student Chrome
Best Feature: Rewards for students.
Credit Needed: Fair, New to Credit 580-740
Intro Bonus: Discover will match all the cash back you’ve earned at the end of your first year.
Annual Fee: $0
Regular APR: 18.24% – 27.24% Variable APR
Apply Now: On Discover’s Website
Our Take: The Discover it® Student Chrome card offers similar benefits to the Student Cash Back card but focuses on rewards for everyday purchases. It’s a solid option for students who want to earn cash back on their spending.
3. Bank of America® Travel Rewards Credit Card for Students
Best Feature: Travel rewards for students.
Credit Needed: New to credit
Annual Fee: $0
Regular APR: 19.24% to 29.24% Variable APR
Read More: On Bank of America’s Website
Our Take: This card is ideal for students who travel frequently. With no annual fee and competitive APR, it offers travel rewards that can help offset travel costs.
4. Capital One Quicksilver Student Cash Rewards Credit Card
Best Feature: Rewards for students.
Credit Needed: Average, Fair, Limited 580-740
Intro Bonus: Earn $50 Cash Back when you spend $100 in the first three months
Annual Fee: $0
Regular APR: 19.99% – 29.99% (Variable)
Apply Now: On Capital One’s Website
Our Take: The Capital One Quicksilver Student Cash Rewards Credit Card offers straightforward cashback rewards without the hassle of rotating categories. It’s a great choice for students looking to earn consistent rewards on their purchases.
5. Petal® 2 “Cash Back, No Fees” Visa® Credit Card
Credit Needed: Excellent, Good, Limited History, No History, Limited, No Credit 670-850
Intro Bonus: No fees whatsoever. No late fee, foreign transaction fee, annual fee, or any-other-kind-of-fee, fee.
Annual Fee: $0
Regular APR: 18.24% – 32.24% Variable
Read More: On Petal’s Website
Our Take: The Petal® 2 card is designed for students with little to no credit history. It stands out for its lack of fees and offers cashback on everyday purchases.
6. Chase Freedom Rise®
Credit Needed: Excellent, Good 670-850
Intro Bonus: Earn a $25 statement credit after signing up for automatic payments within the first three months of opening your account. With automatic payments, just pick a date and dollar amount to make sure your Credit Card gets paid on time.
Annual Fee: $0
Regular APR: 26.99% Variable
Apply Now: On Chase’s Website
Our Take: The Chase Freedom Rise® is an excellent choice for students who are disciplined with their payments. The automatic payment feature ensures you stay on track and avoid late fees.
7. Deserve® EDU Mastercard for Students
Credit Needed: Excellent, Good, Limited History, No Credit History 670-850
Intro Bonus: Receive one year of Amazon Prime Student on Deserve after spending $500 in the first three billing cycles with your EDU card (Lifetime Value of $59).
Annual Fee: $0
Regular APR: 22.49% Variable
Read More: On Deserve’s Website
Our Take: The Deserve® EDU Mastercard offers a unique benefit with Amazon Prime Student, making it a great option for students who frequently shop on Amazon.
Conclusion: Choosing the right student credit card can help you build credit, earn rewards, and manage your finances more effectively. Be sure to compare the features and benefits of each card to find the one that best suits your needs.
Disclaimer: This post may contain affiliate links. We may earn a commission if you click through and make a purchase.