Credit Cards for Students NerdWallet
Who knew that credit cards could be so rewarding? With a college student credit card, you can earn awesome perks and rewards on money you’d spend anyway. Plus, having a student credit card can help establish your credit score, which will be helpful down the road. The thought of graduation is scary enough arming yourself with a great credit score is a sure fire way to start your post-grad life off on the right foot.
With a student credit card, you won’t need a cheat sheet to know how to get all the best rewards. These cards payback on common student expenses like textbooks, restaurants, and even music! Take a look at Nerd Wallets top picks for the best student credit cards.
Like its adult counterpart, the Discover it for Students offers 5% cash back on a broad range of categories, up to $1,500 spent a quarter, plus an unlimited 1% cash back everywhere else. But what sets the Discover card apart from other student cards isn’t what it has, but what it doesn’t: No penalty interest rate, and a waived first late payment fee. Look, you’re in college, you do some dumb stuff sometimes – it’s nice to know your rates won’t be jacked up if you miss your first-ever credit card payment. As an aside, if you’re going to study abroad, the Discover it might be a good traveling companion: Though it’s only accepted in certain countries, the card has no foreign transaction fee, which can set you back 3% of whatever you spend overseas.
Like pizza and beer? Of course, you do. Then the Citi Forward card is the answer to all your student spending needs. You’ll get 5 Thank You points for every $1 spent on entertainment and at restaurants (yes, that includes bars and fast food). You’ll also get 1 Thank You point for every $1 spent elsewhere.
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