Credit Cards
Best student credit cards of 2022: 7 great options
If you want to know the best student credit cards in 2022, you've come to the right place! This post will show you the best options according to the analysis.
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Save money with the best credit cards for students
Choosing the best student credit cards is not an easy task. After all, you can look for credit cards that offer rewards and don’t have annual fees. Or even look at cards with regular low APR rates and welcome benefits.
Selecting a good credit card can be essential for taking the next steps. Because, that way, you will be able to organize your finances better and not get lost. Check out the tips we separate to help you!
4 best and easiest credit cards to get approved
In this article you will learn about the different kinds of easy-to-get cards, and also some of the biggest names out there.
Is it worth having a student credit card rather than a regular card?
If you’re wondering about this, you don’t know the benefits that the student card offers. However, they are cards designed for people who don’t have a great credit history and need a boost.
Regular cards offer higher APR rates and some annual fees and require good credit histories. Therefore, they are not a good option for those who have little money, which would be students.
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What are the benefits of a student card?
The best student credit cards offer many benefits. The rewards and low previous credit requirements are the most interesting.
After all, during student life, there are rare cases of those who manage to have an excellent credit history.
Other benefits include the annual fee, which is usually zero, and the low rates of regular APR.
In addition, some credit cards offer welcome benefits to attract new customers. Student credit cards also offer a range of rewards to help you get started in this new life.
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Most people dream about having enough money to live comfortably and not worry about living expenses, but very few know how to get there. Read on to learn how!
Compare the top student credit cards and find the right one for you
Before choosing among the best student credit cards, you need to study the options. So, here we separate seven suggestions and their characteristics for you to compare. Look!
1. Discover it® Student Cash Back
First up is Discover it® Student Cash Back, which was the 2022 award winner, according to US News.
This card has some interesting benefits and a zero annual fee. However, it does have a pretty cool proportional and unlimited welcome bonus.
- Credit Score: Any score;
- Annual Fee: $0;
- Regular APR: Variable from 14.49% – 23.49% (0% intro APR for 6 months on purchases);
- Welcome bonus: unlimited proportional cash back after the first year of expenses;
- Rewards: 5% of cash back on everyday purchases, such as Amazon, grocery stores, and restaurants, and 1% of cash back on other purchases.
2. Discover it® Student Chrome
The second is Discover it® Student Chrome. It doesn’t require excellent credit history, but it has the same welcome bonus and lower rewards than the former.
- Credit Score: 580-740 (Fair to Good);
- Annual Fee: $0;
- Regular APR: Variable between 14.49% – 23.49%;
- Welcome bonus: 2x your cash back earned after your first year;
- Rewards: 2% of cashback in Gas Stations and restaurants (up to $1,000 in combined purchases every quarter) and 1% of cash back on all other purchases.
3. Chase Freedom® Student Credit Card
As a third option, we have the Chase Freedom® Student Credit Card. It requires a slightly better credit history than the previous ones but has a lower APR rate of around 16.49% and a welcome bonus.
- Credit Score: 670-850 (Good to Excellent);
- Annual Fee: $0;
- Regular APR: Variable16.49%;
- Welcome bonus: $50 Cash Rewards after your first purchase in the first 3 months from opening your account;
- Rewards: 1% of cashback on all purchases.
4. Capital One SavorOne Student Cash Rewards Credit Card
If you love rewards, the Capital One SavorOne Student Cash Rewards Credit Card should be your choice. It has a welcome bonus and rewards ranging from 1% to 8% cashback.
- Credit Score: 580-740 (Fair to Good);
- Annual Fee: $0;
- Regular APR: Variable between 16.49% – 26.49%;
- Welcome bonus: $100 of cashback (valid if you spend $100 on purchases in your first 3 months with the card);
- Rewards: 8% cashback on Capital One Entertainment purchases, 3% cashback on entertainment, dining, streaming services, and grocery stores, and 1% cashback on other purchases.
If you love this card’s features, check out our post below to learn how to apply!
Apply for Capital One SavorOne Rewards Students
If you want to earn rewards and enjoy your student life at the same time, read our post to learn about the Capital One SavorOne Rewards for Students card application!
5. Capital One Quicksilver Student Cash Rewards Credit Card
The fifth on this list is Capital One Quicksilver Student Cash Rewards Credit Card. It has interesting benefits for those who travel a lot and need to rent cars.
- Credit Score: 580-740 (Fair to Good);
- Annual Fee: $0;
- Regular APR: Variable between 16.49% – 26.49%;
- Welcome bonus: $100 cash bonus if you spend $100 on purchases in the first 3 months using the card;
- Rewards: 5% on hotels and rental cars through Capital One Travel and 1.5% on other purchases.
Now do you want to know how the application process for this card works? If so, read our post below and find out!
Apply for the Capital One Quicksilver Student Card
Apply for a card that accepts you, student with fair credit, and offers a great cash back program and exclusive benefits on travel and events.
6. Petal®2 Visa Credit Card
For those with no credit history, the Petal®2 Visa Credit Card is ideal. It has a good Regular APR and some benefits in cross-industry purchases.
- Credit Score: no credit story;
- Annual Fee: $0;
- Regular APR: Variable between 14.49% – 28.49%;
- Welcome bonus: none
- Rewards: 1.5% of cashback in purchases after 12 on-time monthly payments and 1% of cashback in other purchases.
7. Deserve® EDU Mastercard for Students
Another interesting option for those with no credit history is the Deserve® EDU Mastercard for Students. He has a higher Regular APR but good cashback.
- Credit Score: no credit history;
- Annual Fee: $0;
- Regular APR: Variable around 20.24% for purchases;
- Welcome bonus: none
- Rewards: 1% of cashback on all purchases.
Other credit cards options: best ones for traveling
Generally speaking, the rewards offered by the best credit cards for students can be the most attractive benefits. In addition, most students love to travel. So, looking for cards that have travel benefits can be a great idea.
There are many options available, such as the Capital One Venture Rewards credit card or maybe the Chase Sapphire Preferred® Card.
So, if you want to learn more about these travel credit cards, read our post below!
5 best options of credit cards for traveling
If you're looking for a new credit card to take on your next trip, check out our list of the best credit cards for travelling.
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