In today’s world, people use cash and checks more and more infrequently. Now, a credit card is no longer another option to handle money and various operations. It is a necessity and even college students need a credit card.
A credit card can give you:
- Help with emergencies;
- More financial security;
- Better loan and insurance rates;
- Everyday confidence;
- Stronger rental appeal;
- Cardholder perks;
- A chance to build a good credit history.
Apart from this, a credit card is a must-have for using online services. These days, a student won’t be able to hire a professional paper writing service to write my admission essay or even buy a Netflix subscription without a credit card. So, there are plenty of reasons for a student to get a credit card.
The only question is which option to choose from a huge variety of credit cards. If that’s the question you are asking yourself, we have you covered! In this article, we will tell you about the top six credit card options that work best for students.
Discover it® Student Cash Back
This credit card is an absolute leader among the best options for students. It doesn’t require a credit score to apply, so you can easily get it as your first ever card. It has a $0 annual fee, so you won’t have to spend additional money on maintenance. And the best part is that it grants you a 5% cash back on purchases in grocery stores, gas stations, Amazon, restaurants, and other places, plus an additional 1% cash back on all other purchases.
Discover it® Student Chrome
The next option on our list can also be received with no prior credit score and also takes $0 to maintain. It gives you a 2% cash back on all your spending at gas stations and restaurants. In addition, you automatically earn a 1% cash back on other expenses covered with this card. Let’s say, even if you check out the essaypro.com review and decide to get help with your academic papers, you can earn some cash back on it as well.
Chase Freedom® Student Credit Card
The next card requires no credit score to get and doesn’t imply any annual or monthly fees to maintain. It awards you with a 1% cash back on everything you buy with it. And here is one more perk – if you get this card and make your first purchase within the first three months, the bank will award you a $50 Intro Bonus. How cool is that?
Capital One Quicksilver Student Cash Rewards Credit Card
Another card we’d like to draw your attention to also has plenty of benefits. You don’t need to demonstrate your credit score to get one, and it won’t cost you a penny to maintain your card. At the same time, you get a chance to get a 1.5% cash back on all everyday purchases and a possibility to earn a $100 bonus if you spend $100 within the first three months after getting your card. And for student travelers, this card offers an additional 5% cash back on car rentals and hotels.
Bank of America® Travel Rewards Credit Card for Students
This option is the best one for active students who love traveling. This card will grant you 1.5x points for every $1 spent with it on all kinds of goods, anytime and anywhere in the world. Additionally, for all new clients, this card gives the possibility to get an extra 25,000 bonus points. To make this real, you need to spend $1,000 or more within the first three months after becoming a client.
Capital One SavorOne Student Cash Rewards Credit Card
Finally, the next card is the best bet for students who want to get the most bonuses. It offers you a 3% cash back on entertainment, dining, streaming services, and purchases in grocery stores. It also has an 8% cash back for travelers. Namely, you can shop for tickets at the best rates via Vivid Seats and make purchases on Capital One Entertainment. For all the other purchases, you get an extra 1% of cash back. And, of course, there is no annual fee or credit score required.
The Bottom Line
Each of these cards can make your student life much more confident and comfortable. With them, you can get the best deals on different items and services, earn generous cash back, and thus, save plenty of money on your day-to-day purchases. Moreover, owning one of these cards will help you build a great credit history that will come in handy in the future.
Now, all you need is to pick a credit card option that best meets your needs and preferences.