CreditCards.com Visa credit cardsMasterCard credit cardsAmerican Express credit cardsDiscover credit cards

Saturday, December 20th 2014

Student Credit Cards

Following is a list of credit card offers designed for students. Compare offers from our partners and apply online with a student credit card application.

New Federal laws impose restrictions on issuing credit cards to individuals under 21 unless the applicant has the independent ability to repay debt, or has an adult co-signer who agrees to accept joint liability for the account. Learn More.

Discover it® chrome for Students
Email offer
Discover it chrome for Students

At Discover's
secure site

Discover it chrome for Students Application
Purchases Balance Transfers Regular APR Annual Fee Credit Needed
Intro APR Intro APR Period Intro APR Intro APR Period
0% 6 months 10.99% 6 months 12.99% - 21.99% Variable* $0 Fair Credit

Discover it® chrome for Students with $20 Cashback Bonus
Email offer
Discover it Chrome for Students with $20 Cashback Bonus

At Discover's
secure site

Discover it Chrome for Students with $20 Cashback Bonus Application
  • Experience our cash rewards with $20 cash back after you make your first purchase within 3 months of approval.*
  • 2% cash back on up to $1,000 in combined purchases at restaurants and gas stations every quarter - no sign-ups needed.* 1% cash back on all other purchases.
  • No annual fee. No overlimit fee. No foreign transaction fee. No late fee on your first late payment. And paying late won't increase your APR.*
  • Free FICO® Credit Score online and on your monthly statements so you can track your score's progress.*
  • Free text alerts can remind you when your payment is due. And free mobile app helps you stay on top of your account.
  • 100% U.S.- based customer service — day or night.
  • *See rates, rewards, free FICO® Credit Score terms and other info by clicking "Apply."
  • See complete Discover it® chrome for Students with $20 Cashback Bonus details
Purchases Balance Transfers Regular APR Annual Fee Credit Needed
Intro APR Intro APR Period Intro APR Intro APR Period
N/A N/A 10.99% 6 months 12.99% - 21.99% Variable* $0 Fair Credit

Discover it® for Students
Email offer
Discover it for Students

At Discover's
secure site

Discover it for Students Application
  • No annual fee. No overlimit fee. No foreign transaction fee. No late fee on your first late payment. And paying late won't increase your APR.*
  • 5% cashback in categories that change each quarter up to the quarterly maximum after you sign up for 5%. 1% cash back on all other purchases.
  • Free FICO® Credit Score on monthly statements, online and in our mobile app.*
  • 100% U.S.- based customer service — day or night.
  • Each Discover purchase is monitored. If it's unusual, you're alerted by e-mail, phone or text-and never responsible for unauthorized Discover card purchases.
  • 0% intro APR* on purchases for 6 months, then the standard variable purchase APR of 12.99% - 21.99%.
  • Free text alerts can remind you when your payment is due. And free mobile app helps you stay on top of your account.
  • *See rates, rewards, free FICO® Credit Score terms and other info by clicking "Apply."
  • See complete Discover it® for Students details
Purchases Balance Transfers Regular APR Annual Fee Credit Needed
Intro APR Intro APR Period Intro APR Intro APR Period
0% 6 months 10.99% 6 months 12.99%-21.99% Variable* $0 Fair Credit

JourneySM Student Rewards from Capital One®
Email offer
Journey<sup>SM</sup> Student Rewards from Capital One®

At Capital One's
secure site

Journey<sup>SM</sup> Student Rewards from Capital One®
  • Earn 1% cash back on every purchase
  • For every month you pay on time, you receive a 25% bonus—that's a total of 1.25% cash back
  • There's no limit to the amount of cash back you can earn, and rewards don't expire
  • Get access to a higher credit line after making your first 5 monthly payments on time
  • Pay no annual fee or foreign transaction fees
  • Fraud coverage if your card is lost or stolen
  • Pick the monthly payment due date that works best for you
  • Get free access to your credit score and learn how everyday decisions can affect your score using Capital One® Credit Tracker
  • See complete JourneySM Student Rewards from Capital One® details
Purchases Balance Transfers Regular APR Annual Fee Credit Needed
Intro APR Intro APR Period Intro APR Intro APR Period
N/A N/A N/A N/A 19.8% (Variable) $0 Average*

Citi ThankYou® Preferred Card for College Students
Email offer
Citi ThankYou Preferred Card for College Students

At Citi's
secure site

Citi ThankYou Preferred Card for College Students Application
  • Earn 2,500 bonus ThankYou® Points after spending $500 within the first 3 months of cardmembership.
  • 2 ThankYou® Points per dollar spent on purchases for dining at restaurants and entertainment.
  • 1 ThankYou® Point on other purchases.
  • Points do not expire and earn unlimited Thank You Points
  • Redeem ThankYou Points for merchandise, travel rewards, gift cards, cash and more
  • Travel with ease and enjoy global acceptance with Chip Technology
  • No annual fee*
  • See complete Citi ThankYou® Preferred Card for College Students details
Purchases Balance Transfers Regular APR Annual Fee Credit Needed
Intro APR Intro APR Period Intro APR Intro APR Period
0% 7 months N/A N/A 13.99% - 23.99%* (Variable) $0 Good Credit

Discover it® for Students with $20 Cashback Bonus
Email offer
Discover it for Students with $20 Cashback Bonus

At Discover's
secure site

Discover it for Students with $20 Cashback Bonus Application
  • Experience our cash rewards with $20 cash back after you make your first purchase within 3 months of approval.*
  • No annual fee. No overlimit fee. No foreign transaction fee. No late fee on your first late payment. And paying late won't increase your APR.*
  • 5% cashback in categories that change each quarter up to the quarterly maximum after you sign up for 5%. 1% cash back on all other purchases.
  • Free FICO® Credit Score on monthly statements, online and in our mobile app.*
  • Free text alerts can remind you when your payment is due. And free mobile app helps you stay on top of your account.
  • 100% U.S.- based customer service — day or night.
  • Each Discover purchase is monitored. If it's unusual, you're alerted by e-mail, phone or text-and never responsible for unauthorized Discover card purchases.
  • *See rates, rewards, free FICO® Credit Score terms and other info by clicking "Apply."
  • See complete Discover it® for Students with $20 Cashback Bonus details
Purchases Balance Transfers Regular APR Annual Fee Credit Needed
Intro APR Intro APR Period Intro APR Intro APR Period
N/A N/A 10.99% 6 months 12.99%-21.99% Variable* $0 Fair Credit


Tips for choosing a student credit card

A student credit card can be a meaningful first step toward financial independence, a way of building the kind of credit that can help secure loans, housing, even employment. It can also be the first step toward the kind of debt that leads to collection calls and sleepless night. Your choice.

Because credit cards can have immediate and long-term consequences, lawmakers have restricted the eligibility of young adults to secure them.

Under the Credit CARD Act of 2009, if you're younger than 21 years old, you need one of two things: proof of financial independence (i.e. income or savings) or a co-signer at least 21 years old.

If you meet those requirements, you can be eligible for a student credit card, which are targeted to the first-time cardholder. They come in two styles -- secured or unsecured.

Unsecured student cards are just like traditional credit cards -- only smaller. They look the same, but with miniature credit lines compared to their grown-up counterparts. As with any credit card, you receive a line of credit for purchases that can be repaid in full each month or through minimum monthly payments. You'll also see the usual array of perks such as cash-back rewards, sign-up bonuses and a 0 percent introductory APR.

As a first-time cardholder, expect to be treated as a high-risk customer until you prove you can handle a card responsibly. That means in addition to the low credit limit, you can expect a high interest rate that will make carrying a balance very costly.

The other option is a secured card, which requires a deposit to secure your line of credit. It can be a good option. Without a credit history, you're more likely to be approved for a secured card than an unsecured card. Establishing credit history with a secured card can also improve your chances of being approved for an unsecured card later on.

If you choose a secured card, make sure the financial institution reports to all three credit bureaus -- Experian, Equifax and TransUnion -- and try to avoid fees as much as possible. Fees on secured cards can be the usual ones all consumers face, such as annual fees or over-limit fees. Secured cards also tend to sport some creative fees not found elsewhere, such as a preapproval application fee.

Whichever option you choose, try to apply for only one card because each new credit card application lowers your credit score. Once you own the card, don't go crazy. Stay under your credit limit to avoid over-the-limit fees and stay away from cash advances, which charge interest from the moment the money is in your hands. And here's a lesson as important as any you'll learn in school: To stay out of financial trouble, pay off your monthly balance in full and on time.

More student credit card news


Join the Discussion

We encourage an active and insightful conversation among our users. Please help us keep our community civil and respectful. For your safety, we ask that you do not disclose confidential or personal information such as your bank account number, phone number, or email address. Keep in mind that anything you post may be disclosed, published, transmitted or reused.

The comments posted below are not provided, reviewed or approved by the card issuers or advertisers. Additionally, the card issuer or advertiser does not assume responsibility to ensure that all posts and/or questions are answered.



* See the online student credit card applications for details about terms and conditions of offer. Reasonable efforts are made to maintain accurate information. However all credit card information is presented without warranty. When you click on the " Apply Now" button you can review the credit card terms and conditions on the credit card issuer's web site.


 
USA   |   UK   |   Australia   |   Canada
initiator