As a student, managing your finances can be a daunting task. However, having a student credit card can be a great way to start building credit while also providing some financial flexibility. With a wide range of options available, it can be overwhelming to choose the right one for your needs. That’s why we have compiled a comprehensive review of the top student credit cards of 2021 to help you make an informed decision.
1. Discover it Student Cash Back
The Discover it Student Cash Back card is a popular choice among students for its generous rewards program. Cardholders can earn 5% cash back on rotating categories each quarter (up to the quarterly maximum) and 1% cash back on all other purchases. Additionally, Discover will match all the cash back you’ve earned at the end of your first year, making this card a great option for maximizing rewards.
2. Chase Freedom Student
The Chase Freedom Student card is designed specifically for students and offers a simple rewards program with no annual fee. Cardholders can earn 1% cash back on all purchases, with the opportunity to earn a $50 bonus after making their first purchase within the first three months of account opening. This card also offers a low APR and no foreign transaction fees, making it a great option for students who study abroad.
3. Citi Rewards+ Student Card
The Citi Rewards+ Student Card is another great option for students looking to earn rewards on their purchases. Cardholders can earn 2X ThankYou Points at supermarkets and gas stations (up to $6,000 per year, then 1X), and 1X ThankYou Points on all other purchases. Additionally, Citi rounds up to the nearest 10 ThankYou Points on every purchase, making it easy to accumulate points quickly.
4. Bank of America Cash Rewards for Students
The Bank of America Cash Rewards for Students card is a solid choice for students looking to earn cash back on their purchases. Cardholders can earn 3% cash back in a category of their choice (gas, online shopping, dining, travel, drug stores, or home improvement/furnishings) and 2% cash back at grocery stores and wholesale clubs (up to $2,500 in combined choice category/grocery store/wholesale club quarterly purchases). Additionally, cardholders can earn a $200 cash rewards bonus after making at least $1,000 in purchases within the first 90 days of account opening.
5. Capital One Journey Student Rewards
The Capital One Journey Student Rewards card is a great option for students looking to build credit while earning rewards. Cardholders can earn 1% cash back on all purchases, with the opportunity to earn 1.25% cash back for the month when they pay on time. Additionally, Capital One offers free credit monitoring to help students track their credit score and build healthy credit habits.
In conclusion, choosing the right student credit card can be a great way to start building credit and earning rewards. The top student credit cards of 2021 offer a variety of benefits, including cash back rewards, low APRs, and no annual fees. By reviewing the options listed above and considering your own spending habits and financial goals, you can find the perfect student credit card for your needs.
2021’s Best Student Credit Cards: An In-Depth Analysis
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